Fisher Capital Management Corporate News: Euro Zone Leaders Get Warning From Central Bankers
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http://www.business-standard.com/india/news/euro-zone-leaders-get-warningcentral-bankers/448231/
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. » Fisher Capital Management Corporate News: Euro Zone Leaders Get Warning From Central Bankers |
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