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Working late into the Brussels night, European leaders agree in principle on €120B in...

  • Thursday, June 28, 2012, 9:56 PM ET
    Working late into the Brussels night, European leaders agree in principle on €120B in stimulus measures (tipped a week ago), says EC President Van Rompuy. Italy's Monti and Spain's Rajoy initially blocked the deal, demanding first that action be taken to lower their countries' interest rates. Thus far, there's no concrete word on anything regarding that.
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This news story has 11 comments:

  •  
    Printing money does not resolve a solvency issue.....UNLESS you use to pay down debt !!!!
    28 Jun 2012, 10:13 PM Reply Like
  •  
    Regardless of whatever happens, Obama won't let this be a bad year for stocks. Check out my article (charts and analysis)
    Not a Good Time To Be Short : http://bit.ly/MCQR9A
    28 Jun 2012, 10:27 PM Reply Like
  •  
    So Obama controls the markets? How does he do that?
    28 Jun 2012, 10:34 PM Reply Like
  •  
    Obama can control it in a variety of ways such as relaxing fiscal policy and so on. If Ben Bernanke so wishes to keep another term QE is always a solution. These are just examples. It has been shown there is a clear stock market patterns during election years. They also vary on whether it is a democrat or republican.
    28 Jun 2012, 10:40 PM Reply Like
  •  
    It's too bad the world isn't that simple. There are bigger forces at work.
    28 Jun 2012, 11:10 PM Reply Like
  •  
    I agree ^^
    28 Jun 2012, 11:16 PM Reply Like
  •  
    So how did those election patterns work out in 2000-01 and 2008-09?
    28 Jun 2012, 11:19 PM Reply Like
  •  
    2008-09 doesn't count the President was not trying to be reelected. I don't think anyone could have helped that. Same as in 2000-01 i think you are referring to bill clinton end of term
    28 Jun 2012, 11:24 PM Reply Like
  •  
    Its betting bad out there.
    28 Jun 2012, 10:41 PM Reply Like
  •  
    How much do Italy and Spain want their interest rates lowered? Does anybody know?
    28 Jun 2012, 10:52 PM Reply Like
  •  
    For every person worried about their interest rates, there's a thousand worried about who will win the Euro Cup game Sunday between the two.
    28 Jun 2012, 11:06 PM Reply Like
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