Greece, Greece, Greece and EURO falling

[youtube http://www.youtube.com/watch?v=TwxJNBsnCVk?wmode=transparent]

Greece, Greece, Greece. Well I love the country but it makes too much humbuck. Reasonably. Personally, I am either for a very conscious support from the EU or no help at all. Germany has announced their help last week. The EURO has lost its ground and it’s making a new low since 12.1.2010. But of course it is not only because of Greece. The fear has flooded out the EURO currency and as I have mentioned earlier,  problems in Spain, Portugal and Italy are real threat because after EU supports Greece the house of cards in Mediteranian might starts to fall. The only good think is that weak EURO has positive impact in particular on the assessment of export opportunities. We will see how it goes.