Indeed, with France and Germany both distancing themselves from an apparently Dutch plan. European Central Bank meanwhile left interest rates steady at 4.25 percent on Thursday but opened the door to the possibility that the rate could be cut in November. In announcing the decision to hold steady, ECB head Trichet said bank officials had discussed lowering the rate, a comment which sent the euro plunging to its lowest rate |
Read the rest of the story HERE:
At www.spiegel.de
Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.