Euro predictions

Since my last attempt at predicting the outcome of a major football tournament turned out rather poorly, I decided to wait until the first round of matches in Euro 2012 was complete before hazarding any forecast. I’m sure that Spain will pick up after their slow start, the Ukrainians and the Russians are looking useful, and even England seem to be less woeful than we had been led to believe, but I’m going to play it safe and tip Germany for the title.

In other European news, the Spanish banks have been bailed out, which may or may not be enough to stabilize the Eurozone, at least temporarily. All eyes are on Greece though, which returns to the polls this weekend after the last election failed to produce a clear winner. If the electorate hold their nerve, and vote for the anti-austerity left, then the whole future of European economic policy will be up in the air. What will happen next is a lot harder to predict than a game of football, but again it’s safe to say that the Germans will have a major influence on the outcome.