https://the-looser-it-s-me.net Superblogging Tue, 04 Oct 2011 23:43:38 -0400 en https://the-looser-it-s-me.net/story/fisher-capital-management-corporate-news-euro-zone-leaders-get-warning-from-central-bankers https://the-looser-it-s-me.net/story/fisher-capital-management-corporate-news-euro-zone-leaders-get-warning-from-central-bankers Tue, 04 Oct 2011 22:43:38 -0400 hayneeothman https://the-looser-it-s-me.net/story/fisher-capital-management-corporate-news-euro-zone-leaders-get-warning-from-central-bankers


Germany is divided over Europe's bailout fund. Finland may be jeopardising Greece's latest rescue. And Italy is suddenly backpedaling on austerity.

Jean-Claude Trichet and Mario Draghi, the current and incoming presidents of the European Central Bank, had a sharp message for Europe's leaders on Monday as financial markets swooned: Get your act together.



At a conference in Paris focusing on the world three years after the collapse of Lehman Brothers, Europe's top central bankers couched their admonishment in diplomatic terms. But the warning was clear: Politicians are still not moving quickly enough to ensure that the European debt crisis doesn't become seriously worse.

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