FORUMS BROKERS SOFTWARE
Home
 
    Forums > Main > Wall St. News > FT - Mekel and Sarkosy - Agree to do - - - - - -NOTHING

Old Oct 9th, 2011, 01:53 PM   #1
THE-BEAKER
 
 
Join Date: Oct 2006
Location: LONDON
Posts: 1,052
IF ANYONE CAN ACTUALLY FIND ANY DETAILS PLEASE LET ME KNOW.

OTHERWISE THIS IS YES -

THE SAME SHIT DIFFERENT WEEKEND

France and Germany have set themselves a deadline of the end of October to reach agreement on a comprehensive package of measures to stabilise the eurozone, including the recapitalisation of European banks if they need it.

Angela Merkel, the German chancellor, and France’s President Nicolas Sarkozy spelt out their determination to defend the stability of the euro as they met for a bilateral summit in Berlin, but refused to spell out any further details of their plans.

The only concrete statement they made, however, was Ms Merkel’s announcement that “we are determined to do whatever is necessary for the recapitalisation of our banks”.

There was no sign that the two governments had yet managed to resolve their tactical differences over whether the cash for such an exercise will come from national treasuries or from the €440bn European Financial Stability Facility, the eurozone rescue fund.

Ms Merkel also refused to be drawn on their plans to deal with the ongoing Greek financial crisis, saying simply: “We are working closely together on Greece.” She added that they were still waiting for a report from the troika of officials from the International Monetary Fund, the European Commission and the European Central Bank, on how to meet a growing financing gap in Athens.



http://www.ft.com/cms/s/0/c3beacac-f...#axzz1aJAIBcsk
    Quote
Old Oct 9th, 2011, 02:59 PM   #2
nutmeg
Registered User
 
Join Date: Jan 2007
Location: Doddsville
Posts: 18,495
There was no sign that the two governments had yet managed to resolve their tactical differences over whether the cash for such an exercise will come from national treasuries.....

--------------------------

25% of whatever cash they need is going to come from the US.
    Quote
 
Reply
Thread Tools

Forum Jump



   Conduct Rules   Privacy Policy   Sitemap Copyright © 2014, Elite Trader. All rights reserved.   

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Trading & Clearing
AMP Global Clearing
Futures and FX Trading
Collective2
Automated Trading Services
CTS
Futures Trading Software
dom993trading.com
NinjaTrader Consulting
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
NinjaTrader
Trading Software Provider
optionshouse
Option Trading & Education
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thenut-trader.com
FX, Gold, & Stock Signals
TradersStudio
System Building & Backtesting
Tradier
Equity and Options Trading
Trading Technologies
Trading Software Provider