With time running out Berlin/Paris summit to agree on Euro banks’ recapitalization

Sunday, October 9th 2011 - 09:50 UTC

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European banks may need more than 100 billion Euros to withstand the sovereign debt crisis, Ireland estimated, ahead of a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy to work out how to recapitalise the lenders. Read full article

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briton
while the big boys dither, the little boys are drowning,
and the lenders sit on the fence,
the experts are split in two. should france and germany, give over 100 billion, and watch it go up in smoke, or will it save their bacon,
do they wait at watch the inevivable that greece can and will go under,
what a senario, but the mainquestion is, will the british goverment, stay
and go with them, or jump ship , and let them drown, the yanks are just as confused, and the rest of the world sits and shivers,
this could turn out to be worthy of a great story and book,
but in this case, the end will come before the book can be written .??
Oct 09th, 2011 - 03:15 pm - Link - Report abuse 0
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