Raise the stakes: "Euro zone under threat from debt crisis" says EU

robut

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Euro zone under threat from debt crisis, says EU - World News - World - General - Fairfield Champion

"LONDON: The President of the European Council, Herman Van Rompuy, has raised the stakes before showdown talks among finance ministers in Brussels overnight, warning the European Union could collapse unless the debt crisis that is gripping the region is resolved.

With Ireland and Portugal both on the brink of a bailout, Mr Van Rompuy warned that there is a serious risk of contagion spreading across the entire continent.

''We're in a survival crisis,'' he said in a speech in Brussels. ''We all have to work together in order to survive with the euro zone, because if we don't survive with the euro zone we will not survive with the European Union.''

Mr Van Rompuy's speech added to the pressure on the Irish government, which was continuing to resist international pressure to accept a bailout yesterday."

Robut
 


robut

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Catalpa

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Euro zone under threat from debt crisis, says EU - World News - World - General - Fairfield Champion

"LONDON: The President of the European Council, Herman Van Rompuy, has raised the stakes before showdown talks among finance ministers in Brussels overnight, warning the European Union could collapse unless the debt crisis that is gripping the region is resolved.

With Ireland and Portugal both on the brink of a bailout, Mr Van Rompuy warned that there is a serious risk of contagion spreading across the entire continent.

''We're in a survival crisis,'' he said in a speech in Brussels. ''We all have to work together in order to survive with the euro zone, because if we don't survive with the euro zone we will not survive with the European Union.''

Mr Van Rompuy's speech added to the pressure on the Irish government, which was continuing to resist international pressure to accept a bailout yesterday."

Robut
That's great news

- and I sure hope he is right!:D

Europa Conventus Delenda Est
 

Alexis Colby

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Did anybody just see Robert Peston on the BBC News at 10
predicting emergency aid to prevent run on irish banking system

CRAZY
 


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