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Sarkozy And Merkel Won’t Talk Dirty For George Soros

The leaders of France and Germany disappointed financial markets Tuesday by ruling out issuing euro bonds to fix Europe’s debt crisis. Instead, they agreed to float proposals in September for a tax on financial transactions and push for closer joint governance of economic policy. Many experts say the only way to ensure affordable financing for the bloc’s most financially distressed countries would be for the euro area to issue joint eurobonds. But both French President Nicolas Sarkozy and German Chancellor Angela Merkel said they believed euro bonds were not part of the solution to Europe’s debt crisis…Sarkozy and Merkel also proposed that all 17 euro zone countries commit to balanced finances and write that goal into their constitutional law by summer 2012. Among other measures announced, he said they would also seek to ensure better cross-border economic government for the euro zone via twice-yearly meetings of leaders and the creation of a two-and-a-half-year presidency to steer this forum. [CNBC, earlier]

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122 Responses to “Sarkozy And Merkel Won’t Talk Dirty For George Soros”

  1. Guest says:

    Eurobond… is that like Monopoly money?

  2. Sarcazy says:

    Merkel's merkin makes men mad.

  3. Guy who is scared says:

    Where is Matt? We havent heard from him yet today. I'm starting to get worried he's about to drop a 14 page article on us (without pictures)!

    • Guest says:

      Preferably a series of event studies analyzing the impact of adopting austerity measures in Eurozone countries.

      Regressions mandatory (as if I have to tell him)

      • FKApmco says:

        With some beautiful charts. Bar, line, column, pie, area, scatter, doughnut, bubble; I don't care. I just love a really nice chart.

        • Guest says:

          How about some advice for a probit model?

          – guy who (most unfortunately) knows that this data wouldn't lend itself to a probit model but wanted to make a dirty-ish joke anyways

          • FKApmco says:

            A probit model would be Bliss.

          • Guest says:

            That's what all the girls tell me… usually after they stop crying

          • FKApmco says:

            You may have missed the joke, Guest. The idea of probit was introduced by a dude called Chester Bliss.

            -gal who hopes her knowledge of math doesn't ruin her reputation as a tart

          • Guest says:

            Well I hope Chester is happy with his 2nd best model for explaining dummy LHS variables.

            – guy who is bitter I didn't know/catch that… well played

  4. minus 1 says:

    Maybe he should have offered them a $50,000,001 house on Madison, or the Champs Elysee or w/e those frenchies are into

  5. guest says:

    From the AP:

    "Sarkozy and Merkel also proposed a Europe-wide tax on financial transactions and pledged to harmonize their countries' corporate taxes and in a move aimed at showing the eurozone's largest members are "marching in lockstep" to protect the euro."

    German chancellors should really avoid the phrase "marching in lockstep".

  6. The Truth says:

    1. No one buys European bonds
    2. Tax people buying European bonds
    3. Solvency!

  7. Karl der Grosse says:

    Reviving the Holy Roman Empire is the NKI

  8. early_hominid says:

    Must be very disappointing for George, he was so excited about this. Had his hands in position, lube, everything.

  9. DSK says:

    What the fuck this soap opera fucker has to do with EU crisis? –DSK

  10. EasternBeast says:

    He does worse things to European currencies than what you did to the maid.

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