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Reply #41: Stock markets rise as Merkel calls for closer union [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-02-11 08:51 AM
Response to Reply #23
41. Stock markets rise as Merkel calls for closer union

European stock markets have opened higher as Europe's leaders call for closer economic integration as the way to ultimately resolve the debt crisis.

Leading indexes in France, Germany and the UK were all up between 1.5% and 2% in early trading.

In a speech to the Bundestag, German Chancellor Angela Merkel said Europe was working towards "fiscal union".

Investors are also looking forward with some optimism to key US unemployment figures due out later on Friday.
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