The Center of the Universe

St Croix, United States Virgin Islands

MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

Merkel Cancels EFSF Speech to German Parliament

Posted by WARREN MOSLER on October 20th, 2011

Merkel Cancels EFSF Speech to German Parliament, Lawmakers Say

By Brian Parkin

October 20 (Bloomberg) — German Chancellor Angela Merkel has canceled her planned speech to parliament in Berlin tomorrow because of a deadlock over proposals to leverage the European Financial Stability Facility to give it more firepower, three German lawmakers said.

The lawmakers are Norbert Barthle from Merkel’s Christian Democratic Union and opposition lawmakers Carsten Schneider and Priska Hinz.

One Response to “Merkel Cancels EFSF Speech to German Parliament”

  1. Luigi Says:

    It seems to be an official document by the troika: ECB, FMI, EU


Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>