Friday, December 2, 2011

Why December 9 Is Expected To Be One Of The Biggest Days In The History Of Europe

If you're watching Europe, then the biggest date on your mind is probably December 9.
Businessnsider writes that that's when EU leaders meet for their next big summit in Brussels. Investors and journalists appear convinced that this meeting will be a make-it-or-break-it moment for the euro area, and for three good reasons:

Rising German bond yields
The fragility of France's credit rating
The impending disbursement of the next tranche of Greek aid

If EU leaders are going to embrace radical action now is the time to do it...

Read more: http://www.businessinsider.com/importance-eurozone-december-9-2011-12#ixzz1fOvmi8WN

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