'End of euro road in 48 hours if no summit solution'
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Uploaded by RussiaToday on Dec 8, 2011
The euro's survival is about to be determined as European leaders gather for a key summit later on Thursday. They'll examine proposals from the French and German leaders, which could radically change how the Eurozone works. Strict budget discipline and a common corporation tax for the 17 single currency members are among the priorities. Chancellor Merkel and President Sarkozee are seeking to revise the 2009 Lisbon Treaty, which restructured the way the entire EU works. Britain is threatening to veto anything which might damage London's financial sector. The EU is already on watch for further credit downgrades if leaders don't act decisively in the next 48 hours. The man behind 2 of Belgium's leading business magazines and author of 'The End Of the Euro' - Johan Van Overtveldt says market reaction will be devastating if no real solution found.
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Top Comments
All Comments (311)
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Our fucking solution is to get rid central banks and federal reserves
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Europe is strong and will grow again. With or without the help of our friends in the UK.
Europe isnt Germany and France alone.
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@TheAnarchist33 Kinda. but in the case of the kid, the nature of the fire, with its temperature, activates a chain reaction with the nerve cells that ultimately hints the kid that the fire is not harmless. Contrary to the gun, which is not even possible to identify when first sighted.
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@BadassBigBoss OK, I get it. Like a kid doesn't know a flame is hot until he actually touches it...
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thank god for cameron..thank god he has got a back bone now he needs to GET US OUT OF THE EUROZONE CLUB
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@TheAnarchist33 It is an example based upon actual historical situations that natives of america went through during the first wars with the embarked Europeans.
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Let the economy fail! After that we can go back to living like humans and not production machines! Death to money! Free humanity!
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@BadassBigBoss How racist...
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They aren't going to let the Euro die JUST before we invade Iran illegally...get real.
azis1100 2 months ago 35
Nigel Farage was right.
123gwf 2 months ago 20