vineri, 11 mai 2012

"We talked about the future of the Eurogroup,"....bla,bla,bla...

AFP - The head of the Eurogroup of finance ministers, Jean-Claude Juncker, on Thursday briefed France's president-elect Francois Hollande on the Greek financial crisis, Hollande said.
"We talked about the future of the Eurogroup," said Hollande, adding that Juncker, who is also Luxembourg's prime minister, also "shed light on a number of other issues"....Hollande said that "for the moment the crisis in Greece is political" with increased uncertainty about how to solve it....Hollande's transition chief Pierre Moscovici earlier said the 70-minute meeting was a "frank and friendly working exchange"....The pair met as the Socialist prepares to take over Tuesday from outgoing leader Nicolas Sarkozy after his election victory Sunday....Hollande is facing resistance from many in Europe to his plan to reopen talks on the European Union's hard-won fiscal austerity pact in order to refocus the EU's economic policy on growth..."Mr Juncker is a man who is very open to listening to Francois Hollande's ideas and who knows that the focus must be on growth," Moscovici said....Hollande met Wednesday with EU president Herman Van Rompuy for talks in Paris also focused on economic growth...Hollande will fly to Berlin within hours of Tuesday morning's swearing-in ceremony for talks with German Chancellor Angela Merkel – Europe's key proponent of fiscal austerity – and expects to form his government the following day.

2 comentarii:

Anonim spunea...

Mr Venizelos is the third leader to try to form a coalition after Sunday's election produced a hung parliament.

The socialist Pasok and centre-right New Democracy parties governed in coalition until last Sunday's election.

Voters angry at austerity measures abandoned them for parties rejecting the terms of an international bailout.

Analysts say Friday's talks are unlikely to succeed. If they fail, the president must ask all political leaders to make one final effort to form a government before calling fresh elections.

Pasok dominated Greek politics for most of the past four decades, but saw its support slashed on Sunday - coming third with just 41 seats in the 300-seat parliament.

Anonim spunea...

Overall, after accounting for other gains, losses at its chief investment office (CIO) are estimated to come in at $800m in the second quarter.

The loss could be as big as $1bn, chief executive Jamie Dimon said in an unscheduled conference call.

JPMorgan shares fell 6% after-hours, with other bank stocks following.

Goldman Sachs, Citigroup and Bank of America also suffered heavy losses in electronic trading after the market close.