Euro Debt Deal at Hand?

Stocks are racing higher in Europe and now here in GastricBypassylvania.

Here’s the WSJ:

Euro-zone governments have proposed a new aid package for Greece and an overhaul of the currency bloc’s sovereign rescue fund, according to a recent draft of conclusions that will be published after Thursday’s summit of euro-zone leaders.

The overhaul will reduce the debt burdens of Greece, Portugal and Ireland and allow the European Financial Stability Facility to charge rates as low as 3.5%, according to the draft, a copy of which was seen by Dow Jones Newswires. The maturities of the loans it makes will be extended from an average of 7.5 years to at least 15 years, the draft says.

It feels like there’ve been so many deals and accords and resolutions etc so who the hell knows if this one sticks.  Stocks seem to like it so now we can foucus on our own Debt Ceiling crisis.

Hat tip to Simone Fox at Business Insider for finding the story and putting two and two together.

Source:

Euro Zone Proposes Fund Overhaul (WSJ)

What's been said:

Discussions found on the web
  1. curadebt jobs commented on Oct 14

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2011/07/21/euro-debt-deal-at-hand/ […]

  2. axiolabs steroids 2020 commented on Nov 13

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2011/07/21/euro-debt-deal-at-hand/ […]

  3. td online login commented on Nov 26

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2011/07/21/euro-debt-deal-at-hand/ […]

  4. scotia bank online canada commented on Dec 04

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2011/07/21/euro-debt-deal-at-hand/ […]

  5. functional testing commented on Dec 20

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2011/07/21/euro-debt-deal-at-hand/ […]

  6. 토토사이트 commented on Dec 24

    … [Trackback]

    […] Here you can find 81277 additional Information to that Topic: thereformedbroker.com/2011/07/21/euro-debt-deal-at-hand/ […]

  7. bnc national bank commented on Jan 13

    … [Trackback]

    […] There you will find 57402 more Info on that Topic: thereformedbroker.com/2011/07/21/euro-debt-deal-at-hand/ […]

  8. wigs for women commented on Jan 17

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2011/07/21/euro-debt-deal-at-hand/ […]

  9. LG F14164WH manuals commented on Jan 20

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2011/07/21/euro-debt-deal-at-hand/ […]

  10. hr online software commented on Jan 21

    … [Trackback]

    […] There you can find 41692 additional Info to that Topic: thereformedbroker.com/2011/07/21/euro-debt-deal-at-hand/ […]