There is always a price for promises you don't keep!
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Markets Taken by Surprise as E.U. Leaders Cancel Crucial Meeting
With only hours left ahead of what was expected to be a decisive E.U. summit which could have set the course for an end to the Eurozone’s fiscal troubles, policymakers announced earlier that they are postponing tomorrow’s crucial meeting. According to a press release, the German Chancellor, Angela Merkel, is at odds with a particular phrase which was included in the draft conclusion. She said that the German government is not in agreement with the sentence, which would have called for the European Central Bank to agree to extend its non-standard measures at the request of the European Union; the “non-standard ... (full story)
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There is always a price for promises you don't keep!
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