Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (46946)	3/1/2009 2:39:01 AM
From: elmatador	Respond to of 219713

EU ready for crunch economy talks, preparing for emergency summit in Brussels seeking to bridge differences on how to deal with the global economic crisis. The summit was called after French President Nicolas Sarkozy promised to bail out France's car industry - if it did not shift jobs out of France. The French move raised fears that national protectionism could scupper hopes of recovery within the EU. Leaders of badly-hit European nations meet earlier for separate talks. That summit is part of the build-up to a G20 meeting of world leaders which British Prime Minister Gordon Brown will host in London on 2 April. The French move has been criticised by the Central Europeans, who argue that the French bail-out plan should not be implemented at their expense. "We do not want any new dividing lines. We do not want a Europe divided along a North-South or an East-West line," Mr Topolanek said ahead of Sunday's summit. Brussels on Sunday, as EU leaders will be meeting again later this month for a scheduled summit, our correspondent says. In a letter to the EU leaders meeting in Brussels, Mr Brown echoed the call to work together: "We face the threat of a retreat into protectionism," he said. Mr Brown, who travels to Washington this week, where he will become the first European leader to meet US President Barack Obama, said the upcoming G20 talks represented an opportunity to agree "a new deal". "Only by working together will we deliver the EU and international recovery we need." news.bbc.co.uk