CCC 0.00% 0.1¢ continental coal limited

european debt crisis, page-20

  1. bzh
    134 Posts.
    Canescot, your opinion shows a complete lack of knowledge of French politics... I'd like to know where on earth you read this 60/40 probability and where you have read that the opposition in France is for an end to the Euro.

    There is currently only few minor parties that think that France should exit the Euro and none of them has a remote chance of winning any national election. It's especially hard to win a seat in the Parliament for small parties, so a majority is utterly impossible to achieve if you are not one of the two major parties which are both pro-Euro. Also surveys show consistently that the vast majority of French wants to keep the Euro (I think the last survey shows 2/3 don't want to exit the Euro and with the spirit of French to oppose anything that's pretty high).

    I would like to add that the Euro crisis seriousness is highly over-rated: the cost of the Euro breaking down is far too high to be let to happen for the participants (first of them Germany that can't let its main export market crash), the more likely result will be that they will a reinforcement of the european ("federal") level and ECB intervention tool. to ensure consistency of the Euro-zone.
 
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