
Showing posts with label Banca MondialaFMI. Show all posts
Showing posts with label Banca MondialaFMI. Show all posts
Thursday, December 8, 2011
The Italian connection - BCE

Tuesday, November 1, 2011

Tuesday, October 25, 2011
EUROPE -
The Polish finance minister appears to have dashed hopes that a big package will be decided tomorrow. Jacek Rostowski gave this indication in a letter to Eurogroup President Jean-Claude Juncker last night, according to the FT Brussels by Peter Spiegel. Since Poland holds the rotating presidency of the EU, Rostowski is charged with calling meetings of the Ecofin, comprised of finance ministers from the 17 countries that use the euro. Here's what he said: As things stand at present, I understand that the full package may not be ready by Wednesday, 26 October. Were this the case, the presidency would need to postpone the Ecofin council meeting by a day or two. Therefore I would like to ask you to keep me informed on when the remaining elements of the package will be completed by the Eurogroup so that I can convene the Ecofin meeting as promptly as possible. Stock markets have turned negative after comments from German chancellor Angela Merkel and rumours that tomorrow's meeting of eurozone finance ministers has been cancelled. The FTSE has tumbled more than 30 points to 5515, a 0.6% fall. Spain's Ibex is down 1.1%, Portugal's PSI 1.4% and Italy's FTSE MIB 1.2%. Merkel said Germany was opposed to a phrase in the draft EU summit document that calls for support for the continued use of 'non-standard measures' by the European Central Bank. EU sources told Reuters said the phrase referred to the ECB's purchase of bonds from countries like Italy and Spain. Greek prime minister George Papandreou hopes Wednesday's EU summit will draw a line under Greece's economic crisis. He appealed for unity in his Socialist party to approve the latest round of austerity measures. He said the deal, which could include a reduction of up to 60% in the face value of Greece's debt of more than €200bn, would help reduce the burden on ordinary Greeks. Papandreou told Greek president Karolos Papoulis in a televised discussion before leaving for the summit: Tomorrow we want to be able to turn the page, so that we, as Europe and as a country, can move forward. We have been fighting a great battle... for these burdens and responsibilities to be shared, so that the Greek people can breathe and move forward with the country's rebirth. It takes a sense of calmness and unity from all parties.

Thursday, October 20, 2011

The Spanish and French bond auctions have gone reasonably well this morning. Spain sold €3.91bn of government bonds in its first auction since Moody's cut the country's sovereign rating by two notches on Tuesday. France sold €7.49bn of fixed coupon bond and is due to sell inflation-linked debt later, only days after Moody's warned its top credit rating could be under threat.
Monday, October 17, 2011
Lot's of "smoke" again ...

Labels:
Agerpres,
Banca MondialaFMI,
banking,
berlusconi,
business cnsultants,
consultants,
consulting,
Media Trust,
Mediafax,
mesaj,
salvare euro,
ziare.com,
ziare.ro,
zona euro
Tuesday, September 27, 2011

So far, Rusia took over the eurozone energy fields via the euro, that was implemented for this reason only, otherwise making no sense ...ca you imagine how hard would have been to take over the european economies one by one through their individual currencies ?
Labels:
Agerpres,
Banca MondialaFMI,
bucharest,
Comisia Europeana,
consulting,
economy,
Greece,
http://www.eucouncilfiles.eu/,
Mediafax,
Romanian,
Rompres,
ziare.com,
ziare.ro,
zona euro
Monday, September 26, 2011

Friday, September 23, 2011
“Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it.

He said today’s economy could be as good as it gets for some time. "Slow economic growth and high unemployment mean times are not going to be good for a while," Nickelsburg says. Big multilateral organizations like the World Bank are getting worried as well. "We’re getting closer to the risks of double dip," World Bank President Robert Zoellick tells Bloomberg. "I still wouldn’t predict it, but it really depends on how the risks coming out of Europe are managed."
Monday, September 19, 2011


Labels:
Agerpres,
antena3.ro,
Banca MondialaFMI,
Comisia Europeana,
consulting,
EUbusiness,
Euro.dollar,
Mediafax,
parliamentUE,
Romanian,
ziare.com,
ziare.ro,
zona euro
Thursday, September 15, 2011

Please stop pretending, Greece in insolvent, it is bankrupt, see the parrot sketch from Monty Python for what the Greek economy is really like. Just to make sure that it is dead, an ex-economy then pushing it even further down with draconian austerity should do the trick.
If I don't believe it then you can be damn sure that the markets don't believe it, and all this sticking plaster means that the problem will be here tomorrow, and the day after that....just kicking the can down the road. All this "bail out" is just free money for them and yet another loss for the taxpayers, who are throwing good money after bad.
If I don't believe it then you can be damn sure that the markets don't believe it, and all this sticking plaster means that the problem will be here tomorrow, and the day after that....just kicking the can down the road. All this "bail out" is just free money for them and yet another loss for the taxpayers, who are throwing good money after bad.
Tuesday, September 13, 2011

Bank of France Governor Christian Noyer said French lenders are capable of facing any Greek response to sovereign-debt difficulties and have no liquidity or solvency problems. “Whatever the Greek scenario, and whatever provisions have to be made, French banks have the means to face it,” Noyer said in an e-mailed statement today. “French banks have neither liquidity nor solvency problems.” BNP Paribas SA, Societe Generale SA and Credit Agricole SA plunged today in Paris on a possible ratings cut by Moody’s Investors Service, extending their more than 40 percent slide in the last three months. Noyer also said 5 trillion euros ($6.8 trillion) of collateral is available in the euro system and the European Central Bank is providing 500 billion euros of refinancing. French banks have added 50 billion euros to their capital in two years, he said.
Sunday, September 11, 2011

Saturday, September 10, 2011

Saturday, September 3, 2011

Wednesday, August 31, 2011

Monday, August 29, 2011

Thursday, August 18, 2011

Tuesday, August 16, 2011

Monday, August 8, 2011

Subscribe to:
Posts (Atom)