I hate coming here with what might be information that I cannot back up. But a friend texted to me that all of the evening news in France tonight was the announcement of the end of the Euro.

I can't find anything online nor on the news to substantiate that other then speculation last week.

Can anyone confirm or negate this info?

Thanks

The Greek talks about the next tranche of funding with bond holders, ECB, IMF etc. seem to be in deep trouble today; might be related to that.

Google comes up with what? ZERO on what would be major news, now let me think what the answer night be!

WSJ, BBC News, CNN, NYTimes, Financial Times, all only talk about Greece dragging their feet on agreeing to next set of reforms in exchange for loans. They have until March to sort it out before they go into default.

Many French, like many Germans, have this wish to back to their own currencies. More likely they're just blowing hot air, even if Greece were to default it wouldn't be the end of the Euro, Greece is too small to bring it all down

could be this.......
http://uk.reuters.com/article/2012/0...8130Q120120204

Would make sense that the French media pick up on a far right platform to leave the Euro and create a bunch of noise.

Nothing to see here folks, move along

See, as far as any of the business news I have been watching and the last few months in particular, I don't see an end to the euro. Not really. And yet, this friend is telling me it will be front page tomorrow in the newspapers.

I still doubt it. Yet, that's a pretty bold claim.

methinks your friend was in a bar and had had one too many ...

You might be onto something

well we can but dream but yeah... given it's not major news on any site yet i think it's not going to happen. i'd love to see it happen but i think the real wobble came about 2 months ago and they survived it.

LOL! It's "a" plan at least. :-)

Greece is (or was) supposed to be able to do in twenty months what East Germany needed 20 years to do...
- with no functional land register
- with a dysfunctional administration, unable to enforce its own laws and collect taxes
- with a decade-long culture of corruption through all layers of society that borders downright civil disobedience
- with people and businesses actively drawing as much money out of the system and the country as possible

You need to be politician to believe that Greece can be saved and stay in the Euro in its current form.
But it seems, even politicians are waking up - or they're just threatening Greece with stopping believing ;-)

And it's easy to blame the politicians: we all voted them into office at some point (either directly or indirectly by virtue of non-voting).
So, if the EU ends up being the transfer-union that it's looking to be from this point of view, we have no-one else to blame but ourselves.

It was a fiction documentary on French M6 tv channel tonight, many people on twitter run into panic as they didn't see the small font fiction on the show.

Greece is bankrupt and will default.
Portugal most likely as well.

However, the Euro can survive, at least in the North.

I was told it was on the major nightly news, however, it still could be more rumor than truth...ever watch CNN or read the Huffington Post?

Trust me, of there was an announcement about the end of the Euro, it would be on all the news channels, not just the French one. I'm watching BBC while having my breakfast and they haven't mentioned anything...

There's no need to insult East Germany by making comparisons like these. Greece had 30 years (joined the then EEC in 1981), and it's way behind where East Germany was in 1989.
- East Germany had no functional land registry, but that was because most land was "people's property"
- the administration was working reasonably well, if mainly to keep East Germans under the yoke
- corruption in East Germany was not monetary, it was more a case of who you knew, whether you were in The Party, and whether you had access to western goods
- people were not tryling to get money out (most of them had no access to convertible currency), and there were no proper "businesses" to start with

I think that Greece will default, leave the EU, and be relegated to proto-3rd-world status.

We watch French news on TF1, didn't hear anything like your friend claims. All of the evening news was about the weather. Maybe the friend misunderstood and heard euro instead of temperature dropping?

The film on M6 ("fiction documentary" my @rse, the proper name is "disaster films") included a scene where the news of the Euro's demise was announced on the news. That scene was just as fictional as the rest of the movie. It's one of the oldest tricks in the book, Orson Welles did it on the radio in 1938.