Wednesday 17 January 2018

Brendan Keenan: Why Angela can bank on a nervy time ahead like the rest of us

THIS is where we came in -- with trouble in the banks. The eurozone crisis gets bigger and wider as it moves from one country to another, but it also gets more familiar.

As the hot breath of the markets falls upon France, it becomes harder to argue that the crisis is just a question of sensible, solvent countries having to rescue foolish, bankrupt ones. Instead, it becomes ever clearer that the problem is the existence of the euro and the way it is being managed.

With each developing crisis, eurozone governments and institutions are forced ever closer to making fundamental changes to the single currency and its management.

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