Tuesday, October 11, 2011

Slovakia | When a Tree Falls in the Forest, Does Anyone Listen? (Reuters)

The progress in final approvals to launching EQEv12.7 have hit a road block - Slovakia's small parliament voted down the expansion of the EFSF - effectively (but probably only temporarily) blocking the euro rescue. Below is an excerpt from the Full Story HERE.

The failure in the Slovak parliament underlines the difficulty of forging a united response to the worsening debt crisis in a currency zone where all 17 member states must act in concert, and voters are increasingly angry at the growing costs.

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