Seeking Alpha

More from the EU: The permanent bailout mechanism, the ESM, will be brought forward, launching...

More from the EU: The permanent bailout mechanism, the ESM, will be brought forward, launching in July 2012, while the existing EFSF will remain until mid-2013. The ESM will also be allowed to directly recapitalize banks, and once again, is to be given a banking license. (previous)
Comments (1)
  • Conventional Wisdumb
    , contributor
    Comments (1802) | Send Message
     
    Based upon the typical level of bureaucratic efficiency you can be pretty sure that the deadline of July 2012 is purely aspirational and when it comes to the EU you can "bank" on it :)

     

    Just wonder if there will be anything left to save by then.
    8 Dec 2011, 03:45 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs