The Myth Is Over: Europe Fails To Agree On Greece

Wednesday, November 21, 2012
By Paul Martin

by Tyler Durden
ZeroHedge.com
11/20/2012

Given our earlier comments, it is hardly surprising but the Eurogroup meeting just ended and there is no agreement; headlines via Bloomberg:

*FRIEDEN SAYS NO DECISIONS REACHED TODAY ON GREECE BY EUROGROUP
*FRIEDEN SAYS EURO FINANCE CHIEFS TO CONTINUE TALKS ON MONDAY
*SCHAEUBLE SAYS EUROGROUP UNABLE TO REACH CONCLUSIVE AGREEMENT
*LAGARDE SAYS MORE WORK NEEDED FOR GREEK SOLUTION
*JUNCKER IDENTIFIED ‘CREDIBLE’ IDEAS TO BRING DOWN GREEK DEBT (well he would wouldn’t he?)

EURUSD is tumbling (as are S&P 500 futures in their oh-so-correlated manner)

The Rest…HERE

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