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Euro Politicians Must Map Out Plans: HSBC

Monday, 9 Jan 2012 | 4:00 AM ET

"Politicians have been behind the curve. They have come up with big initiatives, without giving details; we are in that situation again," said Philip Poole, head of macro and investment strategy at HSBC Global Asset Management. "I think we need to see that December agreement fleshed out. At the moment we do not even have a path to a solution that is mapped out."