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Why does the Euro rise?

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LazarusShort | 14:07 Fri 07th Sep 2012 | News
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http://www.bbc.co.uk/news/business-19516323
Can someone explain why writing a blank cheque to EU basket cases to spend spend spend suddenly increases confidence?
"Under the plan, the ECB would agree to buy a potentially unlimited amount of bonds of debt-stricken eurozone members on the condition that these countries made a formal request for bailout funds and stuck to the terms of any deal." - err - inflation anyone!?
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The alternative is to chuck them out the Euro. And that would not go down well with our EU philes would it? plus once one goes it will be like dominioes

They will do anything to save their beloved Euro and the Germans are still hell bent on ruling Europe. Just not using tanks these days.
>>>and the Germans are still hell bent on ruling Europe.

Angela Merkel went on a visit to Greece.

She went through customs and showed her passport.

The customs officer said "Occupation?"

She replied "No just a holiday this time".
http://uk.reuters.com...idUKBRE8860QV20120907

and on it goes, this will happen, they'll get what they want way one way or another, they are relentless, they certainly wont allow democracy to spoil their plans
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