The Tories win in Britain, but not by enough to avoid a coalition government! So the pound falls (actually good news for the UK, as it tries to cope with a large national debt), and the scrambling for power begins.
Meanwhile, back in Euroland, parliaments are having no difficulty passing various austerity/loan plans, but the markets remain unconvinced. The EU appears woefully unable to cope with the contagion. It appears very likely that Greece will default on some of its debts, and that Portugal and Spain will be the next countries to come under sustained market attack.
Gorilla says: “A spoonful of euros makes the markets go down!”
