Merkel Falls In line Behind Draghi... For Now
Tweet Send to a Friend
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."
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Markets Fluctuate on Chatter of Early QE Exit by Fed
- Soros, Others Dump Gold as Metal No Longer 'Safe Haven'
- Euro Slides as GDP Remains Negative in Q1 (FXE)
Create E-mail Alert Related Categories
Forex
Login with Facebook
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!
