Re: Re: Euro – One in seven chance it will be abandoned

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Anonymous
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@Rocker wrote:

Well, the ECB has increased interest rates by 0.25% to 1.25 and the MPC has pegged the rates at 0.5%.

Inflation in the Eurozone is at 2.6%, and 4.6% in the UK.

I know that different factors are involved too, but either the ECB or the MPC has got it wrong, they can’t both be right, based on today’s decisions.
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It is easy to understand.

The UK economy is going to crawl along whereas the Germany economy is booming (at least temporary). EU = (mostly) Germany,germans do not care about further problems in Portugal or Greece.