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EU push to resolve debt crisis – The Irish Times – Fri, Sep 14, 2012
EU powers are pushing to dispose of a series of key questions in the debt crisis by the end of the year in an effort to minimise the risk that the issues will become embroiled in the German election campaign.
The authorities have been buoyed by the European Central Bank’s new bond-buying initiative and the go-ahead for the ESM fund from the highest German court.
They are now pressing Spain to decide quickly on bailout aid and have resolved to rush through complex legislation on a pan-European banking supervisor.
The resolution of each of these issues is crucial to Ireland’s long campaign for bank debt relief, which now appears likely to miss an October deadline for a deal.
via EU push to resolve debt crisis – The Irish Times – Fri, Sep 14, 2012.
via EU push to resolve debt crisis – The Irish Times – Fri, Sep 14, 2012.
