German MPs to vote on Greek loan tranche next week
Germany's Bundestag lower house of parliament will vote on the release of the latest tranche of aid for Greece next week and Chancellor Angela Merkel's conservatives are confident it will be approved, a senior conservative lawmaker said on Tuesday. "We want to do this in next week's sessions,» said Michael Grosse-Broemer, the conservative's parliamentary floor leader. He told reporters he was optimistic that the conservatives and their Free Democrat (FDP) junior coalition partners would manage a majority, saving Merkel the humiliation of relying on the pro-bailout opposition Social Democrats (SDP) and Greens. Finance ... (full story)
- So they are kicking the can another week?
- I've told u they will give Time and homework to do for Greece but no money. Look in his way: kicking the can means euro get weaker and that's good for european exports...but in the same time not collapsing cause of the greek default. Greeks and the markets remain with the hope that "tomorrow" they will be saved (I don't know from what but anyway) and Merkel & CO remain with the hope that something is gonna happen or someone will come with a great idea how to get out of this shit.
- Posted: Nov 20, 2012 8:55am
- Submitted by:Category: Fundamental AnalysisComments: 2 / Views: 1,058