17/05/2010
Uwe Parpart, chief Asia strategist at Cantor Fitzgerald,
warned that on its present trajectory the euro will "lurch toward parity with the US dollar and through it before year-end, then disintegrate." He adds: "EU politicos are unwilling and unable to face the urgent need for across-the-board fiscal consolidation. The market sees that and reacts."
GREEK THREAD
