The euro zone loans and the Greek adjustment plan will be fully implemented. Internal competitiveness imbalances in the EU must be addressed, the EU commission president says. He, like Weber, calls for a permanent mechanism to deal with crises.
UPDATE: Barroso continues to take aim at speculators, saying they must take steps to keep financial markets from being a playground for speculation. Stop leaving such attractive play things around for us to toy with then, Mr Barroso…
EUR/USD’s rebound stalled ahead of 1.2880 and trades now at 1.2845.
