RAPID responses
Don’t forget Cyprus
For obvious reasons, we are most interested in the west European dimensions to the euro crisis, but why is so little attention given to the possibility of Cyprus leaving the euro simultaneously with Greece (or very nearly so)? In an interview on Tuesday’s Today programme, Vince Cable more or less conceded that any decision about Greece could take Cyprus in its wake. Perhaps the best option would be for Cyprus to set up a third currency, to float between the drachma and the euro. Of course, Cyprus could be seen as a special case – but it would still be true that a pair of countries had left the euro, so why not further groups of countries in future? There are so many ways of arguing the domino point.
Tom Fairbrother
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Innovation hubs
[Re: Facebook shows how university is a startup’s friend, Friday]
Given the current funding climate and the drive to ensure students have employable skills, why aren’t universities doing more to encourage student innovation and entrepreneurship? Returns from direct investment could be ploughed by universities back into education. Just think where Harvard could be if it had backed Mark Zuckerberg. Universities, as hot beds for start-ups would also provide excellent benefits for local economies. The success of university towns like Oxford or Cambridge shows what happens when innovation is greenhoused in small locations. It spreads and develops.
Cosimo Montagu
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TOP TWEETS
So I see that the parenting classes scheme is called “Can Parent.” The assumption being that you “Can’t Parent” without them.
@CharlotteV
We live in an age when Facebook, which is basically still an idea, is worth billions, but the whole of Greece appears worthless.
@captainpearson
Facebook is the mother of all bubbles. It had better have a trick up its sleeves.
@FinancialBear
There are fewer civil servants today than before. But many now work for quangos and agencies. Raw numbers are misleading.
@DouglasCarswell