European Debt Crisis Talks Plunged into Chaos as Leaders Announce Another Summit !

• Don’t get caught up with the volatility of the financial markets. They are moving on every hint of a rumour between euphoria and meltdown. Whatever Merkozy come out with, it will not prevent a coming global economic, financial and monetary collapse! Got physical gold yet?
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  European debt crisis talks plunged into chaos as leaders announce another summit
  By  Louise Armitstead, and Bruno Waterfield, http://www.telegraph.co.uk/
  Plans to “decisively address” the debt crisis this weekend were   plunged into chaos on Thursday night as European leaders were forced to   announce another “summit” next week amid political deadlock   between France and Germany.
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  A statement released by the Elysee Palace said that Nicolas Sarkozy and Angela   Merkel would meet to discuss their “ambitious and comprehensive response”   to the crisis ahead of the European Council summit on Sunday. But in a tacit admission of the gulf between them, the statement added that   resolutions would be “finally adopted” at a “second meeting   no later than Wednesday”.
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  Insiders said the weekend’s summit of European leaders came close to being   cancelled altogether, with the French president Mr Sarkozy having to beg   German Chancellor Mrs Merkel not to pull the plug during frantic telephone   calls.
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  The news came as US President Barack Obama praised Mr Sarkozy and Mrs Merkel   for working “diligently” for a “politically sustainable”   solution to the eurozone crisis in a video conference with the two leaders   and UK Prime Minister David Cameron.
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  The second summit delay sent shockwaves around the world. Politicians and   financiers have been banking on repeated pledges from France and Germany to “decisively address” the crisis by Sunday.
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  … for the full article click here!

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