The UK's budgetary problems look pretty awful next to the Germans. The Fatherland is predicting a balanced budget in 2014, rather than 2016 as previously f/c. Now I reckon thats good news even though it's no doubt predicated on the rest of the PIIGs not looking to get bailed out. I wonder if the German finance minister factored in having to bail out their own banks yet again. I note DB is saying that their legal problems could cost them another E3bn!
So enough about the economy.HEre in Geneva I managed to thump out another 45k's today. Annoyingly the stats won't be fully accurate as I switched off the timer when I stopped to take a phone call and forgot to restart until 10mins or so later. Doh!
|Turn the timer back on or it looks like you got a lift on a helicopter!|