Telegraph: Reports that previous rumoured plan to save the Euro is taking shape, a two to three trillion stability fund, a banking bailout and that Greece does a managed default, the UK will put more in the pot through the IMF. Folks the Stock Markets around the world should go up tomorrow, it’s a plan, the details seem to have been nailed down, the question is will EU taxpayers as in Germany and France be happy with giving the most of the trillions of the stability fund, what will the Slovak Parliament do if asked for more money, its needs the nod from G20 leaders then it can go in action, this could be the start of the end of the Eurozone crisis for the moment folks, there will be another crisis, when the banks have to write off between 50% - 60% of Greek debt, but that for the future folks. The page just might have been turned, if it all goes wrong, well I wont be surprised folks.
No comments:
Post a Comment