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'End of euro road in 48 hours if no summit solution'

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'End of euro road in 48 hours if no summit solution'

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The euro's survival is about to be determined as European leaders gather for a key summit later on Thursday. They'll examine proposals from the French and German leaders, which could radically change how the Eurozone works. Strict budget discipline and a common corporation tax for the 17 single currency members are among the priorities. Chancellor Merkel and President Sarkozee are seeking to revise the 2009 Lisbon Treaty, which restructured the way the entire EU works. Britain is threatening to veto anything which might damage London's financial sector. The EU is already on watch for further credit downgrades if leaders don't act decisively in the next 48 hours. The man behind 2 of Belgium's leading business magazines and author of 'The End Of the Euro' - Johan Van Overtveldt says market reaction will be devastating if no real solution found. RT on Twitter http://twitter.com/RT_com RT on Facebook http://www.facebook.com/RTnews...

Channel: News & Politics
Author: RussiaToday
Length: 06:29
Rating: 4.597122
Views: 13036

Tags: RT  Johan Van Overtveldt  Germany  France  Angela Merkel  EU summit  German Chancellor  budget  cuts  economy  scandal  eurozone  Greece  EU  euro  austerity  eurocrisis  democracy  Europe  Papademos  European Central Bank  bureaucracy  European  taxpayers  debt crisis  European Union  Brussels  European Commission  European taxpayers  euro debt  


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SLOsocialist
you fucking little asshole, you dont understand how the world is brutal, and the only way to make it is cooperation. EU would provide a strong economy that could end the capitalist terror from the U.S.A. and a strong currency that would kill the dolar, which is already dead.Together we are strong
kopellhinex
ALERT: GOVERNMENT is COUNTERFEITING MONEY for SLAVERY..!!!bankers+lawyers+police+judge+politicians+criminals+etc = DIRTY CAPITALIST SCUM PIGS.BANKERS & DRUGLORDS screwed life & society in human history.BANKERS & DRUGLORDS screwed life & society in human history.-- copy & paste WE ARE THE 99% FREEMAN --BURN DRUG LORDS ALIVE & OCCUPY THE WORLD..!!!BURN DRUG LORDS ALIVE & OCCUPY THE WORLD..!!!"GOD HANG the OPPORTUNIST PIG CAPITALIST ROYAL LAZY FAMILY"SAVE the ANIMALS & NATURE. END THE DEBT.
killstreamable
Europe is strong and will grow again. With or without the help of our friends in the UK.Europe isnt Germany and France alone.
BadassBigBoss
Kinda. but in the case of the kid, the nature of the fire, with its temperature, activates a chain reaction with the nerve cells that ultimately hints the kid that the fire is not harmless. Contrary to the gun, which is not even possible to identify when first sighted.
TheAnarchist33
OK, I get it. Like a kid doesn't know a flame is hot until he actually touches it...
321billygoat
thank god for cameron..thank god he has got a back bone now he needs to GET US OUT OF THE EUROZONE CLUB
BadassBigBoss
It is an example based upon actual historical situations that natives of america went through during the first wars with the embarked Europeans.
TheAnarchist33
Let the economy fail! After that we can go back to living like humans and not production machines! Death to money! Free humanity!
TheAnarchist33
How racist...
TheAnarchist33
I beg to differ!

 

 




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