February 01, 2012
Twenty five EU leaders have negotiated a fiscal compact through an inter-governmental agreement in an effort to halt the deepening banking and debt crisis sweeping the region.
December 14, 2011
The latest EU summit came and went without convincing anybody that there is enough on the table to solve the debt/financial crisis sweeping the region. That is not too say that what was proposed isn’t a step in the right direct.
November 02, 2011
To say this is make or break time for the euro is an understatement. The proposals for a Greek referendum have ratcheted up the political pressure ahead of a G20 Summit scheduled to begin in Cannes tomorrow. One month ago, this G20 Summit was being billed as the meeting that would give its imprimatur to crisis resolution measures needed to finally end the uncertainty over the single currency.