Press reports in Greece that as many as four members of the ruling Socialist Party are have second thoughts about voting this week for the austerity plan sent the euro down as low as $1.4102, but such has recovered to 1.4213, up 0.2% on balance in nervous trading.  Monday has a light slate of scheduled [...]

An axiom among economists and investors is that the if the symptoms but not the causes of structural problems are addressed, the ultimate cost of repairing the problem will rise proportionately with the length of time that policymakers do not fix the real problem.  Weekend press of the EU/IMF/ECB’s approach to Greece, providing aid in [...]