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Message Subject >>>> MARKETS vs. TIMEWAVE ZERO
Poster Handle Wubbo Ockels
Post Content
ECB, IMF press euro zone to reform as crisis far from over

The euro zone's crisis is far from over and its members must consolidate their budgets and forge a banking union to put the bloc on a more stable economic footing, the leaders of the IMF and European Central Bank said on Friday. Underlining the bloc's woes, data showed both German retail sales and French consumer spending falling faster than expected as well as stubborn Spanish inflation that will likely lift the cost of state pension rises for an already hard-pressed budget. Euro zone wide numbers showed another 173,000 people joining record jobless queues in October, while a dive in consumer price ...
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