EU Summit and cutting Eurozone debt without default
Feb 4th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
A summit of the leaders of 27 European Union countries will be held in Brussels today and the expansion of the role of the Eurozone’s €440bn bailout fund will be the main issue of discussion. Meanwhile, a paper published by a Brussels-based think-tank, proposes a market-based approach to debt reduction, without involving default.