No there is a vote of economic confidence! “we’re no longer in freefall!” Happy days are here again…
Recovery will come in 2010, Juncker says but notes that the EUR’s gradual rise is unwelcome in the current climate. (Note the use of the term “gradual”. This indicates a very tepid protest indeed.
EUR/USD is a shade lower, at 1.4180 but with US stocks up 1% and oil up nearly 5%, expect dips to be shallow.