Another Euro Meeting

[BrilloPad]

No progress on resolving eurozone debt after French, German and Italian leaders agree to abstain from making demands on ECB, pushing up borrowing costs, sending the euro and shares lower.

From the Telegraph.

Well that is a suprise - I expected a deal to end the crisis...

[Arturo Bassick]

At the moment they don't have anything better. But they hope that by kicking the can down the road they will be able to retire before they are sacked by the electorate and lose their pensions and lucrative consultant positions.

I just can't see a happy result from this - just a least bad one.

Fixed that for you

[CheeseSlice]

Hurray, that will sort it out, have yet ANOTHER meeting.

Anyone noticed the way the meetings get closer and closer together, but they still have them in swanky conference buildings with all of the state visit podiums, flags and other crap?

They should downgrade them to the conference centre at an old 1970s Holiday Inn with tea urns full of overheated low grade coffee until they get this Eurozone mess sorted out.

[BrilloPad]

If that's their best plan then we are doomed.

At the moment they don't have anything better. But they hope that by kicking the can down the road something might come up.

I just can't see a happy result from this - just a least bad one.

[russell]

12 contracts. 4 interviews.

Current contract was second stint so was just an email asking when I was available and what rate. Wish they were all like that.

[doodab]

For me that would be 3 offers.

Contracting career. 35 contracts. 36 interviews.

12 contracts. 4 interviews.

[Hill Station Murthy]

Well to be perfectly honest I think they have little choice but to convey the illusion of some kind of activity after yesterday's markets were roiled by tGermany's failed bond market.

I read in today's Telegraph that they yeilds on German 10 year bund is not higher than that of the UK 10 year gilt.

This must surely send a a message loud and clear that the writing is on the wall. The Germans must stop their bluffing game (for that is indeed what it is) and acquiesce to the demands of Mr. Barroso and accept that these Eurobands (or stability bonds as they have been rebranded) are the only way to give any chance to the long term survival of EMU.

As I mentioned in my post yesterday, the longer the Germans hold out with this bluffing gane, the greater the sweeteners they will demand for agreeing to be lender of last resort. This will mean more Germany not less Germany.

[MarillionFan]

Yeah because contractors on the bench claim dole, muppet! Have an interview tommorow and 2 next week, so think i'll be skipping the bench.

HTH

For me that would be 3 offers.

Contracting career. 35 contracts. 36 interviews.

[russell]

Least they're having meetings. The closest you're going to get for a meeting is with the dole office.

Yeah because contractors on the bench claim dole, muppet! Have an interview tommorow and 2 next week, so think i'll be skipping the bench.

HTH

[russell]

If they can bluff their way through to December then the markets will be too busy with Christmas parties to care.

If that's their best plan then we are doomed.

[MarillionFan]

BBC News - Euro leaders meet amid bond crisis

Hurray, that will sort it out, have yet ANOTHER meeting.

Least they're having meetings. The closest you're going to get for a meeting is with the dole office.

[BrilloPad]

If they can bluff their way through to December then the markets will be too busy with Christmas parties to care.

[russell]

BBC News - Euro leaders meet amid bond crisis

Hurray, that will sort it out, have yet ANOTHER meeting.