Olli Rehn, the economics czar of the European Commission, has warned that the euro may disintegrate if the current hemorrhaging in Greece and Spain can’t be stanched. There have been massive withdrawals of euros from Spanish banks, with more than €68 billion leaving the country last month. The interest rate on Spanish bonds has risen dramatically.
In other news, artists, entertainers, and other non-fundamentalists in Tunisia staged a sit-in today in front of the Constituent Assembly building in Tunis. The demonstrators were protesting Salafist attacks on secular people, including one on a female journalist, who was beaten by a Salafi for not covering her arms in public.
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