More Fun About Europe

JOHN TAYLOR: The Euro Situation Is Worse Than I Could Have Dreamed
http://www.businessinsider.com/john-taylor-the-euro-situation-is-worse-than-i-could-have-dreamed-2011-11

Hungary Raises Rates to Shield Forint From Junk Credit Grade:
http://www.bloomberg.com/news/2011-11-29/hungary-raises-interest-rates-to-shield-forint-from-debt-downgrade-to-junk.html

ECB Fails to Attract Sufficient Bids to Mop Up Liquidity From Buying Bonds:
http://www.bloomberg.com/news/2011-11-29/ecb-fails-to-fully-offset-bonds-purchased-under-program-to-finance-eu-debt.html

European Banks’ Ratings May Be Lowered by Moody’s as States Reduce Support:
http://www.bloomberg.com/news/2011-11-29/moody-s-signals-possible-downgrade-for-euro-banks.html