Friday, June 15, 2012

Hollande and Monti call for growth policies, debt mutualisation and development of bailout fund, EU plans incentives for new Greek leaders

Latest Eurozone debt crisis update, France and Italy unite on euro crisis plan, Hollande and Monti call for growth policies, debt mutualisation and development of bailout fund but avoid direct confrontation with Merkel, they act carefully

Spain Finance Crisis latest update, Victory claims fade as Spanish mood darkens, after Spain downgraded by Moodys, Spain's fragile hopes of a reprieve from the sovereign bond markets were shattered by confusion over which EU body would provide funds for the bank bailout

Germany leader, Merkel stands firm on tackling crisis, Europe 'in a race with the markets' to turn its monetary union into a political union, need to faster respons, German chancellor tells Berlin parliament

What a great salary for Bankers, Bankers plot response to bonus cap threat, Some say the commonest response is likely to be further salary inflation to rebalance the ratio, but that will reduce flexibility in tough times

Latest update Eurozone Debt Crisis, EU plans incentives for new Greek leaders, The sweetener is envisioned for a new government only if it is led by Antonis Samaras, head of the pro-bailout centre-right New Democracy party, hope this bail out can be realizing

Economic news From Berlin we reporting, Bundesbank head backs fiscal union poll, The central bank president said deepened European integration would require broad popular support from the populations of all affected member states

The biggest football event in European, Euro 2012 to leave a more valuable legacy, Focus on upgrading dilapidated transport infrastructure over building sports stadiums to leave hosts with 'more significant' economic benefits and good for a lot of people

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