[Anonymous]

Eurozone economy revised downwards from original forecasts.

What is the Spanish phrase for “egg on face”

http://news.bbc.co.uk/1/hi/business/8032349.stm

This will be a good week to change some money up

Steve

[Anonymous]

I’m not surprised by this. I have felt for quite a while that the Eurozone was in denial. Now it seems they are getting more realistic/honest about the situation.

I cannot wait to see what the ECB comes up with, there have been suggestions of quantative easing. Hopefully this bad news will compound with the next ECB decision and make my pounds worth a little more 🙂

[Author]

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