Poland Pulls The Plug On Imminent Euro Entry

Tuesday, July 10, 2012
By Paul Martin

by Tyler Durden
ZeroHedge.com
07/10/2012

It seems increasingly the European leaders themselves (absent the self-referential peripheral political paeons) are getting the joke in Europe. Following Buba’s Weidmann’s rational comments this morning (via Bloomberg):

*WEIDMANN SAYS CAN’T SOLVE EURO CRISIS WITH EVER BIGGER FUNDS
*WEIDMANN BANK FINANCING (Bailout – kicking the can) COULD WORSEN WITH EURO CRISIS

Now, Poland’s deputy finance minister is pulling back dramatically from their desire to enter the European union:

*POLAND PLANS `OPPOSITE OF ACCELERATION’ IN EURO DRIVE: DOMINIK
*POLAND SAYS EURO-AREA STABILITY IS NEW CRITERION FOR EURO ENTRY

It seems there is some rational thinking occurring in Europe – no matter how algos react to recycled headlines.

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