As reported by Market Leader (US)
The EU summit is scheduled for tomorrow. Financial markets expect that the summit will end up with effective steps towards stimulating the eurozone economy. Germany is feeling more pressure while searching for a compromise between cutting the public spending and stimulating the eurozone economy. Merkel has always been devoted to austerity. Francois Hollande, the new President of France, will most likely suggest emitting bonds backed by all the eurozone countries. Read more...