Wednesday, November 9, 2011

It Looks Like the Reuters Story Is NOT a Rumor

Bloomberg just reported the following:


Equities extended losses as Handelsblatt reported that German Chancellor Angela Merkel’s party wants to make it possible for European nations to exit the euro area.


German Chancellor Merkel’s Christian Democratic Union party wants to make it possible for European Union members to exit the euro area, Handelsblatt reported in a preview of an article to be published tomorrow, citing unnamed participants in the discussion.





RMBS patents ruled invalid German Chancellor Angela Merkel’s Christian Democratic Union party wants to make it possible for European Union members to exit the euro area, Handelsblatt reported in a preview of an article to be published tomorrow, citing unnamed participants in the discussion.

A commission within the party, that is crafting a framework to be presented at a party meeting, has proposed allowing a euro member who doesn’t want to or isn’t able to comply with the common currency rules to leave the euro region without losing membership in the EU, the newspaper said.

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