Expectations before European meeting

Wednesday, 7 December 2011 03:38

Chances for agreement on upcoming European summit are even lower than last week.
After last days discussions turns out that not all Euro countries fully understand how serious the crisis is.
France and Germany are demanding strict and determinate actions to solve debt crisis in Europe.
If they will not be able to reach the deal among all 27 UE countries, German leaders don’t deny possibility of creating agreement between only 17 euro countries to protect common currency.
Meanwhile all investors are looking forward results of Europe leader’s meeting, which indicates how big impact it might have on euro financial and economical future.