European Meeting Useless Only Discuss Crisis



BRUSSELS - Today the plan a number of European countries will meet to discuss further steps that might be taken to address the crisis in the euro zone remain unresolved. But not yet scheduled a meeting today took place took place, had some doubt about the prospect of a discussion that will be done. This is because there are many disagreements on important aspects of the agreement raised the potential that the European Union, including how to provide authority and power over the state giving bailouts.

In addition to France and Germany which has already agreed, EU officials, including diplomats alike hope will minimize the emergence of new breakthroughs from the meeting of 17 leaders of the eurozone today. President Nicolas Sarkozy and Chancellor Angela Merkel had previously met to discuss both strategic steps that might be done to save the continent out of the blue this financial crisis prolonged and increasingly widespread, and they believe there will be a comprehensive solution to this problem that will appear in next talks at the end of October.

Until now there are two critical things that must be observed if you want truly European financial rescue, which affected the bankruptcy of Greece and thus require ultra large bailouts. One element about 440 billion euro bailout that is part of the European Financial Stability Facility program, and the next is how to regulate investors in Greece which is the country worst hit crises, not to suffer an infinite loss and causes them to withdraw all its investment resulting in increasingly goncangnya European economy.

Although quite a lot of the proposals presented by European officials, both when being met in a major event, bilateral meetings and in certain countries, still, it still can not lift the image of the European economy directly, because all that is currently still limited to discourse only. According to a source in the EU are aware of existing conditions. He said there has been no concrete steps that can be decided, because all the needed parameters are measured and it is highly technical work related to the numbers, and of course eating long enough to then be implemented. The problem of financial markets can not linger for ideas that are not realized, because when even this market has been very disappointed with the latest European officials to find and execute solutions to overcome the continent's crises

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