Logo
Logo

The euro puzzle

Colin: As leaders of the G20 countries prepare for their summit in France, the richest sovereign wealth funds like those of China, Abu Dhabi and Norway are being asked to risk billions of dollars of their surplus cash in the so-called grand plan to allay Europe’s debt crisis. But can that plan work? Peter: No, this summit is basically a placeholder. None of the core issues in terms of a potential Greek default, a potential Italian catastrophe or banking crisis has really been addressed.
Colin: But will it be enough to keep the euro alive?