Define “support”, Mr. Prime Minister. If you mean financially, I suggest you speak with the Germans, the Dutch, etc…

Zapatero also says “we will defend the euro”. This is the same currency the Eurogroup called over valued just last week…

Also on the wires, KS Fed President Hoenig is on the wires saying US growth will be modest but consistent in 2010. A hike in rates depends on the economy. The Fed needs to ensure that the recovery continues but without causing new bubbles down the line.

Not an easy task…