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: Haim R. Branisteanu who wrote (90537)	5/23/2012 3:39:23 PM
From: Haim R. Branisteanu	Respond to of 218050

EU's Van Rompuy: Meeting Preparing Ground For Firm Decisions In June 23-May-2012 BRUSSELS (Dow Jones)--European Council President Herman Van Rompuy said Wednesday's informal heads of government summit was aimed at setting out a path for "firm decisions" on measures to boost growth at next month's European Union summit. In brief televised remarks to kick off Wednesday's discussions, Van Rompuy said "our discussions tonight should be focused and frank. "We are preparing the ground for firm decisions in June, five weeks from now," he said. -By Laurence Norman EU Parliament Head: Not Right Germany Borrows At Zero, Others Pay 6% 23-May-2012 BRUSSELS (Dow Jones)--European Parliament chief Martin Schulz said Wednesday the fact that Germany is paying zero interest on its debt while others borrow at 6% makes a strong case for why euro-zone bonds are needed. "I just got the news that Germany today placed a two-year bond for EUR4.6 billion on financial markets for 0.0%. Other states in Europe have to pay 6%. This imbalance destroys the European Union," he told reporters on his way into a European Union leaders' summit. Schulz, a German from the Social Democrats' center-left group said "that's why the debate on euro bonds is a debate on how we want to survive in this union. It can't be that some really pay negative interest ... and others are drowning under the pressure of speculation." -By Gabriele Steinhauser