EU Leaders Remain Split on Rescue Plan, Due Date Delayed to October 26
Another volatile day was driven by headlines about the upcoming EU summit. Now that policymakers announced that no decision will be announced until after the second meeting on October 26, the summit during the weekend should catch less attention. Germany's chancellor Angela Merkel cancelled a speech to Parliament on Friday, suggesting the lack of agreement on a solution. It appears that the major division between Germany and France remained on leveraging the EFSF.
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EU Leaders Remain Split on Rescue Plan, Due Date Delayed to October 26

