According to market analysts Felix Zulauf and Louis Gave, the ECB will eventually capitulate and begin printing more money to lower the value of the Euro in order to gain competitiveness.

FORBES: Changing Seasons

Harmison is now expected join the Test squad in New Zealand "in the early part of next week, " according to an ECB statement.

BBC: Skipper hails England resilience

Already the ECB has started buying Spanish and Italian debt in secondary markets, according to the FT, which has effectively sent Italian and Spanish yields drastically lower.

FORBES: After ECB And G7 Commit To Intervene Markets, Will Bernanke Enact QE3?

The Federal Reserve, the European Central Bank (ECB) and the Bank of England all rejected Iceland's requests, stating, according to the Central Bank of Iceland, that the Icelandic financial system was too large relative to the size of the economy for plausible swap lines to be effective.

ECONOMIST: Iceland