Merkel said growth and deficit-cutting reinforced each other and that everyone around the table agreed. "That is great progress," she said.
As for promoting growth, she said investments under consideration include research and development, Internet networks and infrastructure. But she said "this doesn't mean stimulus in the usual sense."
great progress?
I've got a great austerity program for them that will save millions worldwide. Cancel the G8 because this crap can be done over the existing internet in just a few minutes.
They pretend to discuss important economic items there, but the real reason for holding the meetings is to establish personal relationships; thus I voted "helpful."
"It's far easier to fight for principles, than to live up to them." Adlai Stevenson
These supposed 'leaders' do absolutely nothing worthwhile. It is their minions that actually work and they merely rubberstamp the politically advantageous solution selected. The 'summits' do, however, give the appearance that they are doing something.... which is what bureaucrats thrive on... 'appearances' are not tangible, therefore they can get media attention without doing something that could engender blame. Cheers, RickO
The Europeans have it worked out! an actual Teleconference!
Three officials told Reuters the instruction to have plans in place for a Greek exit was agreed on Monday during a teleconference of the Eurogroup Working Group (EWG) - experts who work for euro zone finance ministers.
MsMorrisine
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Keep an open mind, or get financially repressed -Zoltan Pozsar
Until this comment, I've never in my life wondered what they do at those summits. Now I do.
I knew it would happen.
As for promoting growth, she said investments under consideration include research and development, Internet networks and infrastructure. But she said "this doesn't mean stimulus in the usual sense."
great progress?
I've got a great austerity program for them that will save millions worldwide. Cancel the G8 because this crap can be done over the existing internet in just a few minutes.
Worry is the interest you pay on a debt you may not owe.
<< <i>an effort to increase money printing quotas >>
it makes me wonder if they got a good deal on more paper to print it on? j/k of course
The Europeans have it worked out! an actual Teleconference!
Three officials told Reuters the instruction to have plans in place for a Greek exit was agreed on Monday during a teleconference of the Eurogroup Working Group (EWG) - experts who work for euro zone finance ministers.