Hot air from Europe's leaders?

So the combined forces of Hollande, Merkel and Draghi will do what is necessary to save the euro.  Time will tell.  The Bundesbank is not amused.

http://www.telegraph.co.uk/finance/financialcrisis/9433140/Debt-crisis-Angela-Merkel-and-Francois-Hollande-pledge-to-back-euro.html

http://www.telegraph.co.uk/finance/financialcrisis/9431975/Bundesbank-opposes-ECB-bond-buying.html

http://www.telegraph.co.uk/finance/financialcrisis/9434768/ECB-president-Mario-Draghi-to-meet-Bundesbank-head-Jens-Weidmann.html

http://www.telegraph.co.uk/finance/financialcrisis/9434445/Germany-must-decide-if-it-really-wants-to-save-the-euro.html

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9436348/Only-Mario-Draghis-ECB-can-avert-global-calamity-before-the-year-is-out.html

http://www.mail.com/int/business/markets/1462604-eurogroup-chair-sees-decisions-debt-crisis.html#.1614-stage-set1-1

http://www.telegraph.co.uk/finance/financialcrisis/9436381/ECB-could-take-haircut-on-Greek-bonds-in-last-chance-plan.html


http://www.telegraph.co.uk/finance/financialcrisis/9433379/IMF-gives-Spain-thumbs-up-but-warns-on-EU-markets.html

http://www.telegraph.co.uk/finance/financialcrisis/9434497/Spanish-bail-out-impossible-experts-warn.html

http://www.spiegel.de/international/europe/german-left-party-proposes-new-way-to-save-the-euro-a-846788.html

http://www.telegraph.co.uk/finance/financialcrisis/9436039/Germans-better-off-without-euro-poll.html