When will the penny drop?

The economies of the eurozone desperately need to start growing again, but the very currency that binds them is also acting as a straitjacket to growth

15th October, 2011
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The economies of the eurozone desperately need to start growing again, but the very currency that binds them is also acting as a straitjacket to growth Do you want to know what bank recapitalisation looks like? I am sitting opposite it right now. It looks like two well-heeled French bank executives, in matching rimless Armani glasses, scanning spreadsheets nervously in the foyer of the swanky Bonnington Hotel in Dubai.

They are here looking for money....

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