Thursday, 28 June 2012

Euro Summit Once Again Leaders Trying to Resolve the Crisis - 28th June 2012


Angela Merkel and Francois Hollande held talks in Paris prior to the Euro Summit.

The two leaders disagree about the way the Eurozone crisis should be handled, with the German Chancellor very opposed to pooling debt while the French President Francois Hollande would like to see much further interrogation.

Merkel is adamant that Germany will not get involved with the idea of sharing debt and stated "there is no quick solution and no simple solution" to the Eurozone crisis.

A leading broker in the UK who trade in the Eurozone with Business Insurance 24 7, CEO Graham Hearsey said "the leaders in the Eurozone are running around like chickens with no heads they need to get their act together."

They are taking far too long to resolve the problem, if they don't sort it out soon capitalization as we know it will disappear and the world will be in crisis, the USA has a part to play in this and they should also be helping.

No comments:

Post a Comment