Tuesday 26 June 2012

We told you so.

Cyprus came top in last week's Fun Online Poll on which country would be bailed out next. Lo and behold:

Cyprus has told the European authorities that it intends to apply for financial assistance, the fifth eurozone member to do so.

It said it needs help to shore up its banks, which are heavily exposed to the Greek economy. The announcement came on another day of nervousness about the single currency.


So let's see if Italy is next - that country came a close second in the poll.

3 comments:

Sackerson said...

Re your Cam poll on sidebar: wouldn't chucking higher earners out of publicly-paid-for housing hit him in his Parliamentary expense-funded Oxfordshire mansion?

Bayard said...

S, what do you mean? Surely you realise that Tory MPs are above the law?

Mark Wadsworth said...

S, chucking higher earners out of social housing is the ultimate Homey DoubleThink.

It wouldn't occur to them to do a like-for-like comparison with somebody who snapped up his council house cheap under right-to-buy and who is now a higher earner.

Who's been given more money, courtesy of the taxpayer? From whom has, and will, the local council receive more money? Whose house will become available for re-letting again in the future? Do they propose seizing back right-to-buy homes from higher earners as well?

B, and to be fair, Labour and Lib Dem MPs.