Administrator Lite Posted October 21, 2011 Administrator Share Posted October 21, 2011 Eurozone finance ministers are meeting to discuss the region's debt crisis in the first of several summits to be held in Brussels over the next few days.On Saturday, ministers from all 27 EU countries will hold talks.EU leaders will gather on Sunday and at an extra meeting on Wednesday.They need to agree a second bailout for Greece, how to recapitalise banks, and a stronger bailout fund, although there still appear to be deep divides between France and Germany.In particular, the two need to agree on how to increase the firepower of the eurozone's bailout fund, the European Financial Stability Facility (EFSF), from its current 440bn euros ($595bn; £383bn).France has proposed turning the EFSF into a bank so that it could borrow from the European Central Bank (ECB), but Germany has refused to sanction such a move, arguing it would compromise the ECB's impartiality. View: Original Article Link to comment Share on other sites More sharing options...
HX1 Posted October 21, 2011 Share Posted October 21, 2011 YES!.. ahHAHahahhA.. This is how we fix a debt problem... borrow even more money.. Because we are failing from doing nothing more than borrowing money.. and Finance... and paying for non-tangible investments in something and paying for something that doesn't even exist nor truly effect GNP relative to our worth and value.. Given inflation is a factor as well...Forgive me, some may say this is a very harsh statement..I think appealing to the necessary individuals would be the deal here... and in targeted investments which could not be squandered as so many have become used to doing.. and unable to be effected by which would get the basics aligned and back on track to facilitate forward progress... in the areas we need it in to be forward thinking individuals... for the future of ourselves and this planet.. it is the only way forward and to shift now.. while it IS all failing away from those binding chains which hold us hostage today... These things can be a reality today.. where not so much in the 80's.. when we needed to have made the change... probably be a good idea to create binding statutes to disallow things of this nature from happening again and to have more than one player in the equation...While we concentrate on finances we also may be blind to the pending monopolization of the lives as we become dependent upon yet another thing.. Link to comment Share on other sites More sharing options...
majithia23 Posted October 21, 2011 Share Posted October 21, 2011 Ministers , irrespective of creed or nation , whenever they " meet " to discuss anything , the end result always is --" each of them capable of doing nothing , gather all good for nothing of their kind and finalize , that nothing can be done ! " <_< Link to comment Share on other sites More sharing options...
toyo Posted October 21, 2011 Share Posted October 21, 2011 How about closing the banks (all of them) and "bailing-out" African countries... How about taking the money reserves they're hoarding and dividing them to the people? Link to comment Share on other sites More sharing options...
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