EMU is able to weather Greek developments

Looks like the only door opening might be a trap door into the abyss at this rate

  • 2 letters have been received from Greece
  • one was a request for 2 year extension, second was for debt restricting

And Mr Happy seems to have read neither

Watch Dombrovskis, the EC Vice-President in charge of the Euro and Social Dialogue , here.. Courtesy of a link from Livesquawk