Merkel Falls In line Behind Draghi... For Now
Today German Chancellor Angela Merkel, back from her vacation, said she is considering easing restriction tied to the Greece bailout. The statement comes despite opposition by German hardliners. Merkel also made comments in support of Draghi's plan to provide short term support to troubled EU countries, although she stressed the need for concessions, or as she put it "political action in the form of conditionality as the precondition for a positive development of the euro."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Northeast, NYC Brace for Massive Blizzard
- S&P Cuts Russian Federation Ratings to Junk (RSX)
- Strategists at Morgan Stanley pushed back their Fed liftoff forecast to March 2016 - Bloomberg
Create E-mail Alert Related CategoriesForex
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!