• Germany and France pushed out the date for settling on a comprehensive plan to tackle the European debt crisis. Disagreements over the details of the plan are still significant according to an article in the Wall Street Journal.
• With Muammar Qaddafi dead, the hard work of forming a functioning government begins in Libya. Getting baseline services restored, and finding access to working capital is key. From Bloomberg News.
• German Chancellor Angela Merkel continued to resist France’s call for using the ECB to boost liquidity in the debt crisis. From Reuters.
• European bond yields haven’t confirmed the relative calm in equity markets heading into this weekend’s European summit. Spreads between Spanish and French bonds and German bonds widened out to record highs. From the Wall Street Journal.