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EU leaders will sign off on a permanent eurozone rescue fund at a summit today and are expected...

EU leaders will sign off on a permanent eurozone rescue fund at a summit today and are expected to agree on a balanced budget rule. Greece will also dominate the talks, though leaders are trying to force the conversation to job creation and growth.
Comments (6)
  • Tombaum eister
    , contributor
    Comments (188) | Send Message
     
    These meetings are a waste of money and an ideal invitation for investors to short the Euro, European financials and PIIGS-bonds.
    Germany continues to procrastinate and exacerbates the crises - the whole credibility of this Club is slowly but surely eroded. It'a shame and demonstrates the ineptitude of especially German politicians.Germany has benefited the most from this structure , but pinches every cent twicebefore agreeing to anything. On the enlargement of the ESM, their stance is: we will act when it becomes necessary. Instead they should act now and the likelyhood of this fund ever being used would decrease significantly. However, this fact is not understood or ignored by German government which really excels in the cluelessness and ignorance with which they act.
    30 Jan 2012, 08:59 AM Reply Like
  • Abraxas
    , contributor
    Comments (300) | Send Message
     
    You are absolutely right. I must confess that I don't have anything to act, other that to say that Germany's insistence on "punishing the guilty countries" first and only helping at the very last second has, indeed, deepened and exacerbated the crisis.

     

    I don't know if it is ignorance, arrogance or fear, or, perhaps, a combination of the three, but Germany's behavior has continued to make the crisis worse.
    30 Jan 2012, 09:39 AM Reply Like
  • asi115
    , contributor
    Comments (4) | Send Message
     
    This meeting make me confuse today,I was in short but meeting pressure change mind and now in long,but market going down continually. much disturb
    30 Jan 2012, 10:20 AM Reply Like
  • alan.greenscam
    , contributor
    Comments (353) | Send Message
     
    Now you know why Germans are called "square heads".....
    30 Jan 2012, 01:24 PM Reply Like
  • mitrado
    , contributor
    Comments (2005) | Send Message
     
    Switzerland... France, Spain, Italy... Romania, Belgium... Ah, what a great life!!!!
    It seems like these politicians are professional travellers. Eh?

     

    What about working!?
    Over the last year or so, they all focus on growth and jobs. Blah, blah, blah.
    Why don't they set an example by actually starting to work themselves!?
    30 Jan 2012, 11:51 AM Reply Like
  • bargor24
    , contributor
    Comments (21) | Send Message
     
    I don't understand why some believe it's a german obligation to payoff other people's debts.
    30 Jan 2012, 02:56 PM Reply Like
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