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Eurowrap 12/11/12

A focus on the key news and analysis surrounding the eurozone crisis


Who will stop these sado-monetarists as youth unemployment surges to 58% in Greece?

And it’s fair to assume that more people are going to lose their jobs. 

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Waiting for a German move 

Angela Merkel will not be looking for a comprehensive solution for Greece before the elections in her country.

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New tranche of aid to Greece unlikely to come soon

Germany’s finance minister Wolfgang Schäuble sees little chance that Greece will receive another part of Europe’s financial aid in the near future.

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Greece approves austerity budget for 2013

This came days after a separate bill stipulating spending cuts and tax hikes for the next two years in Greece. 

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