Merkel, Hollande to meet as eurozone breakup stories gather steam
Tue, 05/15/2012 - 07:27 EDT - Financial Post
President Francois Hollande will spend his first hours as French president huddled in meetings Tuesday with German Chancellor Angela Merkel, underscoring rising concern that Greece is headed out of the euro
A small dose of reality has set in for a group of European central bankers: Euro Officials Begin to Weigh Greek Exit as Euro Weakens.
Greece’s possible exit from the euro moved to the center of Europe’s financial-crisis debate, rattling markets as authorities in Athens struggled to form a government.
Greek elections are set for June 17th following the impasse of the last election where no majority government formed.
The "Destroy Greece to Save the Euro" clowns led by German Chancellor Angela Merkel are out in force hoping to turn the vote into a direct referendum on the Euro. The election is of course a direct referendum on the Euro, but Greek citizens are under three Fantasyland ideas.
Three Fantasyland Ideas
The BBC reports France's Hollande to lower state pension age to 60
New French president Francois Hollande has unveiled details of a plan to lower the retirement age to 60 for some workers - a key election pledge.
His predecessor, Nicolas Sarkozy, had faced strong opposition when he raised the retirement age by two years to 62.
The move in 2010 sparked weeks of strikes across the country, mainly by public service workers.
In spite of all the headlines and chatter the real winner in the latest of 19 EU summits was none other than German Chancellor Angela Merkel. First lets take a look at numerous headlines that got the story wrong.
Merkel Big Loser
European stock markets attempted to rebound Tuesday on news that Germany and the eurozone have avoided recession, while investors watched the inauguration of Francois Hollande as French president.Socialist Hollande, 57, was sworn in at the Elysee Palace nine days after defeating right-winger Nicolas Sarkozy, and will later fly to Berlin to meet German Chancellor Angela Merkel for talks dominated by the eurozone crisis.