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Thursday, January 13, 2011

Penyffordd in Europe

What is the present situation of the EU?

Greece has overspent and can't keep up with the repayments. The EU has bailed out Ireland and might help Italy and Belgium. It can't help Spain which has when I last looked a million unsold apartments.
Germany is refusing to pay for anymore bailouts backed by France.

The Slog puts it more eloquently here

Oh! and what does Penyffordd have to do with this?. Well you'll be helping to pay for it all.

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