Sunday, October 23, 2011

"No Euro Zone Statement Expected Today"

This, in the parlance of our times, is called massively mismanaging expectations.
From Reuters:






Euro zone leaders will not issue a statement after a summit on Sunday to discuss the debt crisis, several EU sources said on Sunday, a decision that is likely to further undermine financial market confidence in leaders' abilities to tackle the debt problem.

The sources said the 17 euro zone heads of state and government had not reached any conclusions on how best to recapitalise

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