Croatia becomes a member of the EU next week. But with Zagreb likely to need urgent subsidies from Brussels, is the small Eastern European country ready for accession?
Who the **** would want to be a part of the EU ?
Italy is now in the brown stuff mainly due to the higher interest rate scenario after Bernanke's utterances, but also due to a 8 Billion Euro interest rate swap faux-pas (speculation on interest rate swap derivatives did not go their way at all).
The cherry on the top is that Italy is too big to receive aid from the ECB stability fund, whose reserves are in any case dwindling.
So, back to square one regarding the 'Euro Crisis'