Dutch rejection of the EU constitution tops the headlines, of course, but is followed up by a piece in The Daily Telegraph suggesting the euro is now under threat.
The paper reports on a story that has broken in German press about a secret meeting of German government officials in the recent past to discuss the possibility of a collapse in the single currency. Coming so soon after the French vote and as the Dutch were going to the polls, the news sent already nervous currency traders scurrying for the exit, sending the euro to a new eight-month low. CONSUMERS ARE definitely feeling the pinch of higher interest rates says The Scotsman after reviewing new lending figures published yesterday. Consumer credit grew by £1.29 billion last month, ...
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