Wednesday, September 14, 2011

($EURUSD, $MACRO) EU's Barroso on Eurobonds

EU'S BARROSO: ONLY WAY TO STOP NEGATIVE CYCLE OF DEBT CRISIS IS THROUGH DEEPER EURO ZONE INTEGRATION
MARKETS, INVESTORS WILL TRUST US ONLY WHEN WE SHOW THAT WE CAN DELIVER ON OUR COMMITMENTS
THE EUROPEAN COMMISSION WILL SOON PRESENT OPTIONS FOR THE INTRODUCTION OF EURO BONDS
SOME  EURO BOND PROPOSALS COULD BE IMPLEMENTED UNDER CURRENT TREATY, OTHERS WOULD NEED TREATY CHANGE
EURO BONDS WILL NOT BRING ABOUT AN IMMEDIATE SOLUTION FOR ALL THE PROBLEMS WE FACE
PROPOSALS THAT REQUIRE SUBSTANTIAL TREATY CHANGE ARE NO SUBSTITUTE FOR GREECE MEETING ITS OBLIGATIONS

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