The Myth Is Over: Europe Fails To Agree On Greece
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
