Markets rose in Asia overnight amid optimism that a meeting of European leaders will finally lead to a plan that will bring an end to the crippling Eurozone debt crisis.
Investors are holding their breath ahead of the two-day summit that starts tomorrow.
So far the reaction to Monday’s announcement by the leaders of France and Germany that further integration is the best solution has been positive.
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Adding to the sense of optimism is reports that the leaders are looking at bolstering the region’s firewall by running two huge rescue funds to protect weak economies.
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