Speech by Preside
nt of the European Council Herman Van Rompuy on the occasion of the 50th anniversary of the European Federation of Financial Analyst Societies EFFAS
In a speech to financial analysts, President of the European Council Herman Van Rompuy pointed out why he is «cautiously optimistic» as regards the sovereign debt crisis. He said: «We have reached a turning point. Let me mention 3 indicators: First: the bond spreads are down for a number of countries (…) Secondly: Consumer confidence is rising. (…) Thirdly, and most recently: yesterday, investors massively backed the EFSF Continue reading
