|
|
The Hellenic Radio (ERA): News in English, 10-02-06
From: The Hellenic Radio (ERA) <www.ert.gr/>
CONTENTS
[01] EU Summit to Center on Speculators' Attack
[01] EU Summit to Center on Speculators' Attack
Saturday, 06 February 2010 18:20
The economic crisis and speculators games will be the focus of talks
during the EU extraordinary Summit meeting next Thursday while after
Greece fire spreads to Portugal and Spain's bonds and shares. In the
mentime analysts and politicians express concern over domino effect.
From New Delhi, Greek Prime-minister George Papandreou spoke of a
concerted attack against the euro currency and called on EU partners
for solidarity and common action. Talks between Mr. Papandreou and
French President Nikola Sarkozy are expected to center on this issue.
The two leaders are to meet on Wednesday, one day prior to the Summit
meeting.
Next Days Crucial
The eurozone is gripped under the continuing speculators attacks on the
euro currency, emerging in south EU member states among them Greece.
Strong pressure is spreading to EU shares and bonds bringing losses in
European stock markets and the euro falling to a nine month low against
the dollar. Articles in Saturday's press considered the next days
highly crucial for developments while analysts see EU and ECB
intervention as mandatory. Greece, Spain and Portugal spreads went up
while risk emerges for even robust eurozone economies. Concluding his
official visit to India on Friday, Prime-minister G. Papandreou
stressed that targeting Spain and Portugal indicates that speculators
and not Greece is the problem in the eurozone
Source: ÍÅÔ - ÍÅÔ 105.8 - ÁNA - ÌPA Related Articles: Greek PM :
Concerted attack on euro currency
News item: 32997
|