UK not to blame!
Europe stands petrified as the euro meltdown fear creeps across it like volcanic lava and UK financial gurus can sigh with relief. Whatever happens about Greece, or indeed Ireland, the fact that the UK did not join the Euro is to be applauded. Undoubtedly as billions of euros are poured onto the terminal embers of the Greek economy, the rest of Europe wonders how it will end. The money has to come from somewhere, but does the reservoir of the European Central Bank contain sufficient to prevent the fires of insolvency from spreading further and further? Only time will tell.