What to do about Greece?

Further reading on the euro crisis.

Kitty Ussher, Labour former Treasury minister, has a clear argument for why Greece cannot be forced out of the euro, in the New Statesman.

Andrew Lilico, director of Europe Economics and formerly chief economist at Policy Exchange, has a slightly less clear but forceful argument for why Greece will be forced out anyway.

Steffen Kampeter, German deputy finance minister, was impressively fluent in refusing to deal with the problem in his interview with Jeremy Paxman on Newsnight last night (starts 9′35″ in).

Ed Balls and George Osborne clashed in the debate on the Queen’s Speech in the House of Commons earlier today, which was more entertaining than enlightening.

Balls, for example, closed his speech with a rather fine analysis of opinion-poll evidence:

Last month YouGov asked 1,800 people whether they thought the Chancellor was very well suited to the job of Prime Minister. How many said yes? Just 1% did—18 people only. The question we must ask is this: who on earth were those 18 people? After that Budget, they must be vegan, health freak, cyclist millionaires who passionately hate cars, pasties and caravan holidays, and think that pensioners get a cushy deal. So, other than Steve Hilton, who are the other 17?

Recent Posts on Eagle Eye

• "The Continuity of the State"
• Why the Treasury thinks the deficit rose last year
• Men of Secrets II
• Men of Secrets
• The Dawn of Time

• TheOnlyWayIsNorfolk

  Banning comment again Mr Rentoul?