BLOCK BUSTER EURO-ZONE WEEK

The drama over the Euro-zone crisis seems to be moving towards culmination as the French President Sarkozy and the German Chancellor Angela Merkel meet in Paris today in a bid to iron out a concrete strategy to possibly boot-strap the Eurozone out of its current debt crisis that threatens to engulf that region and indeed, Financial Markets the world over. As leaders of the two largest Economies in the EZ,  the two have a special role to play in finding the elusive solution to the lingering problem. The crucial meeting between the two leaders, now dubbed as 'Merkozy' is scheduled to take place later today and will be followed by a presser around 1230 GMT.

The strategy outcome of the meet today is slated to be presented to EU leaders on Thursday in Brussels before the said EU leaders meet to finally approve a workable decision paper on Friday. Not without reason then, is this week being touted as the make-or-break week for the EZ crisis.

For the sake of World Markets in general, and the Indian Market in particular, this Blog sincerely hopes for a blissful outcome.


MORE INPUTS (REUTERS)  RIGHT HERE

A GOOD BACKGROUNDER (THE ECONOMIST)  RIGHT HERE