Vladimír Urbánek (Kurzy.cz)
Markets  |  November 19, 2012 16:27:43

Obama is optimistic about reaching an agreement on the budget


U.S. President Barrack Obama after a weekend meeting with top Democrats and Republicans on the establishment of universally acceptable budget and avert the risk of so-called "fiscal cliff" that occurs in the case of failure of the agreement, said it is confident that it will be possible to negotiate an acceptable solution. Republican representative in the House of Representatives John Boehrer after weekend talks said that the discussion was constructive and said that he could imagine the situation of a certain increase government revenues while reducing its expenditure.

Above all, these comments are somewhat reduced tensions markets around the possible collapse of the fiscal cliff, which was one of the main drivers of the market correction last week. It has a positive effect on the stock today in our world.
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Obama je optimistou ohledně dosažení dohody o rozpočtu

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