Sunday, October 9, 2011

Germany And France Agree On Europe Bank Bailout 10/09/11

The leaders of Germany and France said that they have reached an agreement on strengthening Europe's bank sector. It was further announced that a "comprehensive response" to the eurozone's debt crisis will be finalized by the end of the month, which will include a detailed plan to recapitalize the banks. The proposal must also be discussed with other European leaders before elaborating further on the plan's details.

It will be interesting to see if this agreement affects the future's market tonight and tomorrow.


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