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Title: 'End of euro road in 48 hours if no summit solution'
Added: Dec 8, 2011
Author: RussiaToday
Duration: 6:29
Description:
The euro's survival is about to be determined as European leaders gather for a key summit later on Thursday. They'll examine proposals from the French and German leaders, which could radically change how the Eurozone works. Strict budget discipline and a common corporation tax for the 17 single currency members are among the priorities. Chancellor Merkel and President Sarkozee are seeking to revise the 2009 Lisbon Treaty, which restructured the way the entire EU works. Britain is threatening to veto anything which might damage London's financial sector. The EU is already on watch for further credit downgrades if leaders don't act decisively in the next 48 hours. The man behind 2 of Belgium's leading business magazines and author of 'The End Of the Euro' - Johan Van Overtveldt says market reaction will be devastating if no real solution found. RT on Twitter http://twitter.com/RT_com RT on Facebook http://www.facebook.com/RTnews
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Channel: News
Tags: rt johan van overtveldt germany france angela merkel eu summit german chancellor budget cuts economy scandal eurozone greece eu euro austerity eurocrisis democracy europe papademos european central bank bureaucracy european taxpayers debt crisis european union brussels european commission european taxpayers euro debt
rt johan van overtveldt germany france angela merkel eu summit german chancellor budget cuts economy scandal eurozone greece eu euro austerity eurocrisis democracy europe papademos european central bank bureaucracy european taxpayers debt crisis european union brussels european commission european taxpayers euro debt
Youtube Comments: 311
DieMoslim Says:
Dec 8, 2011 - Newsworthy. 17 countries may cease to exist on Friday December 9th 2011, if the eurocrats get their way. Bondage forever, achieved by the stroke of a pen. I feel sorry for the poor sods trapped in the eurozone.
azis1100 Says:
Dec 8, 2011 - Indeed.
MrIsaTube Says:
Dec 8, 2011 - The OLIGARCHS (World bankers), √IMF/ BIS/ WB / ICC / HRC... you will be crucified by (NATO). International Monetary Fund Bank of International Settlements World Bank International Criminal Courts Human Right Commission Blackwater now called Xe, Mercenaries (The Rebels) * Famously known as Al- Qaeda
TheKetsa Says:
Dec 9, 2011 - I am so happy direct democracy shielded us from this monster here in Switzerland.I laugh everytime I hear the french speaking of themselves as a democracy, as "THE land of human rights" and boy do they they love to repeat it.... they vote no but nobody cares rofl.
thenumberone22 Says:
Dec 9, 2011 - fuck yeah man
tropical481 Says:
Dec 9, 2011 - We live in abundance people. Fuck the monopoly game.
thoostorm4 Says:
Dec 9, 2011 - sort of like yer brainless laugh
DrKillaser Says:
Dec 9, 2011 - agree with @azis1100 i guess something big is going to happen.....
SyxthtySyxthSyx Says:
Dec 9, 2011 - The elite r̲e̲a̲l̲l̲̲y̲ ̲l̲i̲k̲e̲ the %15 of my money that they steal...
xthisangelfell79x Says:
Dec 9, 2011 - Occupy the World. Demand Real Change.
MagicMahoney Says:
Dec 9, 2011 - Europe really has allot in comon with the band playing on the Titanic while it's sinking...
rvrola Says:
Dec 9, 2011 - ALL EUROPEAN NATIONS SHOULD JUST GO BACK TO THEIR OWN CURRENCY AND AGREE TO A FIXED EXCHANGE RATE CREDIT SYSTEM. THIS IS THE ONLY WAY TO SAVE MANKIND FROM THE NEW DARK AGE. WHY SAVE A FAILED MONETARY SYSTEM? IF IT DOES NOT WORK, LET IT GO. GOD BLESS ALL GOOD LEADERS TO STOP THE INSANITY.
BadassBigBoss Says:
Dec 10, 2011 - A native American does not recognize the danger of a gun until he is shot by it. Same goes to failing political systems.
BadassBigBoss Says:
Dec 10, 2011 - Nope,
TheAnarchist33 Says:
Dec 10, 2011 - I beg to differ!
TheAnarchist33 Says:
Dec 10, 2011 - How racist...
TheAnarchist33 Says:
Dec 10, 2011 - Let the economy fail! After that we can go back to living like humans and not production machines! Death to money! Free humanity!
BadassBigBoss Says:
Dec 10, 2011 - It is an example based upon actual historical situations that natives of america went through during the first wars with the embarked Europeans.
321billygoat Says:
Dec 10, 2011 - thank god for cameron..thank god he has got a back bone now he needs to GET US OUT OF THE EUROZONE CLUB
TheAnarchist33 Says:
Dec 10, 2011 - OK, I get it. Like a kid doesn't know a flame is hot until he actually touches it...
BadassBigBoss Says:
Dec 10, 2011 - Kinda. but in the case of the kid, the nature of the fire, with its temperature, activates a chain reaction with the nerve cells that ultimately hints the kid that the fire is not harmless. Contrary to the gun, which is not even possible to identify when first sighted.
killstreamable Says:
Dec 10, 2011 - Europe is strong and will grow again. With or without the help of our friends in the UK.Europe isnt Germany and France alone.
kopellhinex Says:
Dec 11, 2011 - ALERT: GOVERNMENT is COUNTERFEITING MONEY for SLAVERY..!!!bankers+lawyers+police+judge+politicians+criminals+etc = DIRTY CAPITALIST SCUM PIGS.BANKERS & DRUGLORDS screwed life & society in human history.BANKERS & DRUGLORDS screwed life & society in human history.-- copy & paste WE ARE THE 99% FREEMAN --BURN DRUG LORDS ALIVE & OCCUPY THE WORLD..!!!BURN DRUG LORDS ALIVE & OCCUPY THE WORLD..!!!"GOD HANG the OPPORTUNIST PIG CAPITALIST ROYAL LAZY FAMILY"SAVE the ANIMALS & NATURE. END THE DEBT.
SLOsocialist Says:
Dec 12, 2011 - you fucking little asshole, you dont understand how the world is brutal, and the only way to make it is cooperation. EU would provide a strong economy that could end the capitalist terror from the U.S.A. and a strong currency that would kill the dolar, which is already dead.Together we are strong
ALGfunk Says:
Dec 8, 2011 - U dick heads will all run to middle east