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	<title>Comments on: British Elections and Freegold</title>
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	<description>Gold is Wealth Hiding in Oil</description>
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		<title>By: Ivo Cerckel</title>
		<link>http://bphouse.com/honest_money/2010/05/08/british-elections-and-freegold/comment-page-1/#comment-3921</link>
		<dc:creator>Ivo Cerckel</dc:creator>
		<pubDate>Sat, 08 May 2010 11:40:40 +0000</pubDate>
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		<description>The Euro Can Survive a Greek Default 
Greece&#039;s economy would collapse, but the contagion is containable
BY DANIEL GROS
APRIL 29, 2010
http://online.wsj.com/article/SB10001424052748704423504575212282125560338.html
SNIP
In many ways, a Greek default would leave the euro zone in better shape. Its institutions would probably be strengthened, because it would have become clear that the framework is strong enough to withstand the failure of one of its members

De Gucht not worried by plummeting Euro  
Belga Thu 06/05/2010 - 11:40 
http://www.deredactie.be/cm/vrtnieuws.english/news/100506_De_Gucht
SNIP
The European Trade Commissioner, the Fleming Karel De Gucht, has said in an interview with the German daily ‘Süddeutsche Zeitung’ that the fall in the value of the Euro against the Dollar doesn’t give him great cause for concern. The value of the European single currency has fallen in recent days as a result of the crisis in Greece.</description>
		<content:encoded><![CDATA[<p>The Euro Can Survive a Greek Default<br />
Greece&#8217;s economy would collapse, but the contagion is containable<br />
BY DANIEL GROS<br />
APRIL 29, 2010<br />
<a href="http://online.wsj.com/article/SB10001424052748704423504575212282125560338.html" rel="nofollow">http://online.wsj.com/article/SB10001424052748704423504575212282125560338.html</a><br />
SNIP<br />
In many ways, a Greek default would leave the euro zone in better shape. Its institutions would probably be strengthened, because it would have become clear that the framework is strong enough to withstand the failure of one of its members</p>
<p>De Gucht not worried by plummeting Euro<br />
Belga Thu 06/05/2010 &#8211; 11:40<br />
<a href="http://www.deredactie.be/cm/vrtnieuws.english/news/100506_De_Gucht" rel="nofollow">http://www.deredactie.be/cm/vrtnieuws.english/news/100506_De_Gucht</a><br />
SNIP<br />
The European Trade Commissioner, the Fleming Karel De Gucht, has said in an interview with the German daily ‘Süddeutsche Zeitung’ that the fall in the value of the Euro against the Dollar doesn’t give him great cause for concern. The value of the European single currency has fallen in recent days as a result of the crisis in Greece.</p>
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