AUTOREFRESH 
EIB: Says it cannot take part in bailouts that involve budget deficits or balance of payments support
By Gerry Davies || February 9, 2010 at 09:55 GMT
|| 7 comments || Add comment
The European Investment Bank cannot take part in bailouts designed to help EU members weather budget deficit or balance of payments problems, the bank said in a statement today.
There had been speculation that the EIB, which is owned by EU governments, could be used in some way to help Greece tackle its debt and budgetary problems.
greek banks still up 5%
EURGBP just bid all morning
There’s much fundamentally wrong with a EU state and it’s institutions that create barriers, unattainable thresholds, and then punish & further subject it’s members to unnecessary harsh conditions, when they are in greater crisis. The EU exists because of and for it’s member states, but instead a them-not-us mentality prevails. The citizens of EU are seeing this, but the ruling elite continue to push their discriminatory & derogatory agenda. That doesn’t bode well for anyone.
Yeh Thomasio, well explained. The elite is simply screwing the EU citizens from both sides. Don’t get me wrong, the idea is good. it’s the same ideoligy that The german ruler had during WW2. But the way they implement things and the way they do things and not listening to the EU citizens is just plain wrong. Better to say, I feel much more captured and not living in freedm now and I am sure with me there are 100’s of millions who think and feel the same. This simply can’t go on this way and if there would be Anarchy somewhere in the world it will start here in the EU. Euro won’t exist anymore in the next decade. At least I hope so, and if I can help with something to reach the falling apart of this whole BS EU I’m more than happy to help! The moment the Elite stasi decides to listen to the EU citzens then I’m here to help with the EU.
You can’t win! your best bet is to do what i did get the hell out and find your paradise because it does exist, but for sure not amongst that BS!
Shorting EJ here. that’s a good start. nice pinbar on the 4 hour. placing stop well above 123.60
Of cours the Euro will always exist, giving up the euro would cause more problems than keeping it and will screw the order, plus no bank would allow this.