The Euro responded like this...
After the market closed, the WSJ reports:
"European officials are still debating the size of the bailout fund for the euro zone and reports that an agreement has been reached to leverage it to EUR2 trillion are "totally wrong," an official familiar with the negotiations said."
Continues...
"Leveraging the EFSF is still being debated," a person with direct knowledge of the discussions said. "We may have a decision on the size by the summit or just a statement that firepower must be increased. But there no talk about an amount around EUR2 trillion. Such reports of an agreement between France and Germany are totally wrong."
These Europeans leaks, and I do believe they are deliberate, are ridiculous. The Finance Ministers and their spokespeople are worse then a sewing circle.
'Nuff said...
