The bankruptcy chases the weak economies by the euro

[postlink]https://gained11.blogspot.com/2010/12/bankruptcy-chases-weak-economies-by.html[/postlink]

 


The size of the central European intervention in the market is still not enough ( reuters - archive )

The American New York Times Newspaper said that a battle happens now that may define the fate of the euro .
At a time where is spent on it the European central is billions of dollars to consolidate the bond markets and protect the unified currency, the greatest financial enterprises and the caution funds seek to get rid of those bonds in a challenge to the bank that represents the force of the European monetary union .
The newspaper added that the war between both sides rises till that she comes perhaps to the inevitable end and she : the bankruptcy of Greece, Ireland or until Portugal .
She pointed out that the worry increased yesterday Tuesday after The European Union Ministers of Finance failed in the increase of the size of the emergency fund that Europe established with the cooperation with the International Monetary Fund .

He demanded the fund general manager Doumnik Strauss was Europe with taking wider measures to repel the danger that the speculators represent in the market .
The last since may and after Greece crisis exploded the European central bought 69 billion dollar of the Greek bonds and the bonds of the other governments in the euro region . Also he has pumped of billions of dollars in the weak bank system in Greece and Ireland indirectly . But the speculators continued to their attack .
After the stop of the investors about the purchase of the bonds last October the bank entered the market once again forcefully, and he bought two dollar billions from the debt most of it from the Irish and Portuguese bonds .
The bank didn't express until today the size of amount that he bought .
New York Times said that the bank didn't intervene yet to purchase Spanish or Italian bonds it is expected that the control over it is harder because of the growth of its size in the market .
She pointed out that the European central grants about

0 التعليقات:

إرسال تعليق