Merkel Shits on the Markets

“(via Bloomberg):

• *SEIBERT SAYS MERKEL CONCERNED EU SEEKING ‘EASY WAYS’ ON CRISIS
• *MERKEL SAYS ECONOMIC GROWTH MUST BE SUSTAINABLE
• *MERKEL SAYS LIVING BEYOND MEANS LED TO EURO DEBT CRISIS
• *MERKEL SAYS SHARED EURO-AREA DEBT ‘COUNTERPRODUCTIVE’ NOW
• *MERKEL REJECTS JOINT EURO BONDS, JOINT EURO BILLS
• *MERKEL REJECTS JOINT DEPOSIT INSURANCE IF MEANS JOINT LIABILITY”