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Germany, France Plan Quick New Stability Pact: Report, France and Germany are planning a quick new pact on budget discipline that might persuade the European Central Bank to ramp up its government bond purchases, Welt am Sonntag reported on Sunday.
Echoing a Reuters report on Friday from Brussels, the Sunday newspaper said the French and German leaders were prepared to back a deal with other euro countries that might induce the ECB to intervene more forcefully to calm the euro debt crisis.
The newspaper report quoted German government sources as saying that the crisis fighting plan could possibly be announced by German Chancellor Angela Merkel and French President Nicolas Sarkozy in the coming week.
In an advance release before publication, Welt am Sonntag said that because it would take too long to change existing European Union treaties, euro zone countries should just agree among themselves on a new Stability Pact to enforce budget discipline – possibly implemented at the start of 2012.
It could be similar to the Schengen Agreement which applies to EU countries that choose to take part and enables their citizens to enjoy uninhibited cross border travel. Among the countries in the Stability Pact, there would be a treaty spelling out strict deficit rules and control rights for national budgets.
The European Central Bank should also emerge more as a crisis fighter in the euro zone, Welt am Sonntag wrote, saying that while governments cannot tell the independent ECB what to do, the expectations are clear.

Bollywood actress Aishwarya Rai Latest News,Aishwarya Rai and former Miss Universe is get ready to welcome her baby. There is been an immense gambling going on aishwarya Rai’s pregnancy. Aishwarya Rai visited Seven Hills hospital yesterday and many felt the actress was being admitted for delivery. However, a reported statement from her spokesperson on social sites categorically denied that she was indeed admitted. She was apparently at the hospital for a check-up and left after that.

So far there has been no latest update from the Bachchan’s regarding to the new member of the family.

Entirely the people who have gambled on Aishwarya’s pregnancy is restlessly waiting for the forthcoming news.

Speakasia Latest News, You may also very well track down the history as well as complete detail of the case on this link. On the left of the web page click on “case number” – > In the first box Case Type select “Writ Petition (Civil)” and in Case Number type “383″; you’ll get all the information required.

We wish to caution all the Speak Asians that there are many people out there who are spreading many rumors both positive as well as negative. We are writing this article just to make sure that each and every Speak Asian must know as to where to look for authentic information related to this case.

We request everyone to just look at the website of Supreme Court and the company’s blogging site speakasiaonlinemarketing.blogspot.com only and no other place. Please understand that only one entity in our country which is impeccable and unbiased and which can rescue Speak Asia family from this crisis created by disgruntled competitors and malicious media is honorable Supreme Court of India. All the case hearing will definitely be recorded on its website http://supremecourtofindia.nic.in/ . Any thing other than what is written on this website is rumor and you should discard it.