Eurozone was close to the abyss

					Dear reader,
					now after the 2nd LTRO action by the ECB some critics of an unprecedented release of liquidity to European banks in order to stabilize the sovereign bond markets seem to have forgotten how close the EMU was actually to a collapse. Since the smoke of the immediate crisis has cleared a bit and most experts say that the immediate danger has gone it is time for a compilation of evidence of how close the eurozone was to a financial meltdown.
Mar	22nd	2012			Van Rompuy says Europe was ‘close to the abyss’ in Nov/Dec
Mar	18th	2012			Jean-Claude Juncker on the Greek rescue
Dec	1st	2011			How central banks’ dollar-swap move saved the world
Nov	29th	2011			Business and eurozone: Looking for the exit
Nov	28th	2011			Insight - Euro zone staring into the abyss, waiting for ECB
Nov	28th	2011			Euro Zone on the Brink: A Continent Stares into the Abyss
Nov	25th	2011			Prepare for riots in euro collapse, Foreign Office warns
Nov	21st	2011			Dutch FinMin De Jager: „If you have savings, spend them“
					Note: As always some additional links will be added later if they become available