Promises From Europe Propel Futures (Update 2) !!!
โพสต์แล้ว: อังคาร ต.ค. 11, 2011 11:47 am
As we mentioned recently:
The Europeans are stalling for time to get their house in order. Part of their strategy is to release statements when the markets get weak. Leaders know talk of bank recapitalizations can buy them some time, even if they do not have a plan in place yet.
They used the statement/stall tactic again on Sunday – from the Wall Street Journal:
The leaders of Germany and France said they will present a “comprehensive package” of measures against the crisis in euro-zone banking and government bonds by the end of this month but they gave few details, suggesting that Europe’s two top economies continue to spar over the plan’s specifics.