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‘End of euro road in 48 hours if no summit solution’
Posted By yihan On December 8, 2011 @ 8:29 am In Money Watch | Comments Disabled
Russia Today 
The euro’s survival is about to be determined as European leaders gather for a key summit later on Thursday. They’ll examine proposals from the French and German leaders, which could radically change how the Eurozone works. Strict budget discipline and a common corporation tax for the 17 single currency members are among the priorities. Chancellor Merkel and President Sarkozee are seeking to revise the 2009 Lisbon Treaty, which restructured the way the entire EU works. Britain is threatening to veto anything which might damage London’s financial sector. The EU is already on watch for further credit downgrades if leaders don’t act decisively in the next 48 hours. The man behind 2 of Belgium’s leading business magazines and author of ‘The End Of the Euro’ – Johan Van Overtveldt says market reaction will be devastating if no real solution found.
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URL to article: http://www.prisonplanet.com/end-of-euro-road-in-48-hours-if-no-summit-solution.html
URLs in this post:
 Russia Today: http://www.youtube.com/watch?v=tAohkQxV15U&list=UUpwvZwUam-URkxB7g4USKpg&feature=plcp
 Euro Zone Agreement Only Partial Solution: IMF: http://www.prisonplanet.com/euro-zone-agreement-only-partial-solution-imf.html
 Last Minute Summit Mutiny Threatens The Future Of The Euro; And Why A Wholesale S&P Downgrade Of Europe Will Be Devastating: http://www.prisonplanet.com/last-minute-summit-mutiny-threatens-the-future-of-the-euro-and-why-a-wholesale-sp-downgrade-of-europe-will-be-devastating.html
 Nigel Farage offering a “Quarter Million Dollar” Solution to the Euro: http://www.prisonplanet.com/nigel-farage-offering-a-quarter-million-dollar-solution-to-the-euro.html
 Currency Crash: ‘No solution to crisis – too late to save euro’: http://www.prisonplanet.com/currency-crash-no-solution-to-crisis-too-late-to-save-euro.html
 Hannan: “The Euro Is The Problem, Not The Solution”: http://www.prisonplanet.com/hannan-the-euro-is-the-problem-not-the-solution.html
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