Sunday, Nov 30, 2008
And the complications begin.
Bloomberg: EU Denies Blocking France’s EU10.5 Billion Bank Plan
Nov. 29 (Bloomberg) -- The European Commission denied it’s blocking France’s 10.5 billion-euro ($13 billion) bank-rescue plan and said the two sides are still negotiating.
“We haven’t blocked the plan, because we haven’t taken a decision,” Jonathan Todd, spokesman for European Competition Commissioner Neelie Kroes, said in a telephone interview today. Kroes held talks with French finance minister Christine Lagarde yesterday, and both sides are keen to reach a deal “as soon as possible,” Todd added.
Posted by flintster1994 @ 06:15 PM (431 views) Add Comment
11 Comments
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1. planning4acrash said...
Ha haaa! Here we go, will French truckers blockade Brussels for telling Paris what to do?! The damn well should, even though the bailout would be a stupid idea.
2. fjcruiser said...
Forget about Europe.It is a complete disaster. How much longer has the Euro to live ?
3. plato said...
This is very interesting. Are we about to see some fracturing in the great union?
4. flintster1994 said...
Kind of looks like it. It was inevitable.
5. planning4acrash said...
Forget the Euro? Well, prior to it falling, we will see the IMF commit suicide trying to resuscitate the regional currency, because the whole purpose of the IMF is to create then run a basket of about 10 regional currencies. Hopefully it will fail, putting global government back 1000yrs!!
6. mountain goat said...
Forget the euro? Which would you rather hold right now GBP or Euro assuming you were say a Chinese investor?
7. gardeniadotnet said...
@5. p4ac
Good post. Personally, I would remove the words"to create then", but you probably know that already.
8. plato said...
If they don't hold the eurozone steady we could see the euro challenge the fall of the dollar. Many united countries and Many united economies spells great progress or its equal and opposite.
9. planning4acrash said...
I missed a comma. To create, then run,,,.
10. gardeniadotnet said...
9. planning4acrash said... I missed a comma. To create, then run,,,.
No matter.
You have helped me to recognise where we are. HOWEVER, that doesn't mean that I have to agree with you as to how we got here.
I still think we 'got here' through the greed and stupidity of those in control, and, please don't take this personally, you are not doing a good job of persuading me otherwise.
11. planning4acrash said...
I never said that the agenda wasn't fuelled by greed or that the establishment were infallible, but, come on, they take about 40% of the world's GDP via tax, about 25% via inflation, can fund all the academics and think tanks they need, so they are a hell of a lot more organised than you. The media put on a show for us to make them look stupid, like, putting George W. on the throne, but he ran nothing. Just like Brown runs nothing. Our country is run by globalists from the Royal Institute for International Affairs. The British wing of the Council on Foreign Relations, which ALL presidents have been a member of since its inception. It is the shadow government, they span both parties, and they mean business.