-
EU summit fails to enthuse. US confidence crumbling?
The market is trying to celebrate the latest EU summit, but there’s not much there worth toasting. GBP is getting a nod of approval from the market as the UK gave the new fiscal compact the cold shoulder. The market initially celebrated the outcome of the latest EU summit today, first because 25 of the EU 27 signed on the dotted line and second as the intensity of the confrontation with Greece was eased as Sarkozy intervened against the German position of more direct control over Greek finances. As our chief economist discusses in his chronicle today, however, this summit once again failed to deliver on the longer ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jan 31, 2012 11:02am Jan 31, 2012 11:02am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #2
- Quote
- Jan 31, 2012 11:39am Jan 31, 2012 11:39am
- falwic
- | Joined Apr 2008 | Status: Member | 23 Comments
- Comment #3
- Quote
- Jan 31, 2012 12:02pm Jan 31, 2012 12:02pm
- Maxsmart
- | Joined Mar 2007 | Status: Member | 3 Comments
- Comment #4
- Quote
- Jan 31, 2012 12:14pm Jan 31, 2012 12:14pm
- ThisPip
- | Joined Oct 2011 | Status: Member | 221 Comments
- Comment #5
- Quote
- Jan 31, 2012 3:04pm Jan 31, 2012 3:04pm
- Guest
- | IP XXX.XXX.51.2