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Europe Goes Bonkers After EU Leaders Agree To Bank Recapitalization Master Plan

Business Insider
Friday, 29 June 2012

Europe Goes Bonkers After EU Leaders Agree To Bank Recapitalization Master PlanMarkets are shooting higher after announcements from Brussels indicating that Europe's bailout funds will now lead bank recapitalizations that will not add to the size of national governments' debt.

Take a look at these numbers:

DAX: 2.51%
CAC 40: 2.33%
FTSE 100: 1.20%
IBEX 35: 3.16%
FTSE MIB: 2.98%

These gains are...
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