Wednesday, August 3, 2011

Italy Holds 2 Hours of Emergency Meetings with Juncker; EU says "Euro Area's Systemic Capacity in Doubt"; Italy Banks Have Difficulty Securing Funding

"Congratulations (of sorts) to Jean-Claude Juncker for not lying about what was said in emergency meetings with Italian Economy Minister. Juncker did not lie for the simple reason he did say anything of substance about the meeting.

Credit Crunch European Style

Inquiring minds are noting various details in a Reuters report EU says Euro area's systemic capacity in doubt..."

at http://globaleconomicanalysis.blogspot.com/2011/08/italy-holds-2-hours-of-emergency.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

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