Thursday, October 20, 2011

Stick to All Murdoch All The Time

Guardian, 18 October --

France and Germany have reached agreement to boost the eurozone's rescue fund to €2tn (£1.75tn) as part of a "comprehensive plan" to resolve the sovereign debt crisis, which this weekend's summit should endorse, EU diplomats said.

Guardian (same reporter David Gow), 20 October

Europe was thrown into fresh chaos on Thursday after a failure to resolved deep differences between France and Germany forced the postponement of a new plan to save the single currency. A joint statement from the French president, Nicolas Sarkozy, and the German chancellor, Angela Merkel, admitted that a deal at the weekend was now unachievable and that talks in Brussels on Sunday would be followed by a second summit next Wednesday.

The original report was market-moving.  Given the sums of money involved, is the Guardian going to name their 18 October sources?

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