Published on Dec 7, 2011 by Euronews
http://www.euronews.net/ All roads lead to Brussels today as Europe's leaders meet for a high-stakes summit to save the euro.
France and Germany are expected to keep rallying support for their plan for treaty change right up to the last minute before all 27 members meet up.
Both see fiscal integration and tougher budget discipline as the way forward.
But credit rating agencies and the markets will be looking for more decisive short term action along the lines of doubling the bailout rescue fund.
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France and Germany are expected to keep rallying support for their plan for treaty change right up to the last minute before all 27 members meet up.
Both see fiscal integration and tougher budget discipline as the way forward.
But credit rating agencies and the markets will be looking for more decisive short term action along the lines of doubling the bailout rescue fund.
.
Published on Dec 7, 2011 by Euronews
http://www.euronews.net/ Reassuring the markets that Europe can resolve its debt problems is among the main objectives of the EU crisis summit in Brussels. French Prime Minister Francois Fillon told euronews that recent negative actions by credit rating agencies were a wake-up call to the EU.
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