not only the crisis management or the popularity, the energy of the Chancellor was honored with the title "Woman of Europe". But if one sees the conditions in the domestic coalition with the FDP is noticeable that some of the trouble lies. The large-praised interaction of the CDU / CSU and the Free Democrats folded unfortunately far too rare. Good that the coalition agreement is worded so beautifully that all parties can refer to it. Discharge is 20 € billion provided for, but fits the "conditional funding" for emergencies as a wonderful argument. Missteps, such as the reduction of VAT for hotels, "now we must, unfortunately," said Merkel. The style of the Chancellor is not the "Basta" policy nor are power words, but they could not stand the eternal dispute permanently. The "Time" asks: "Angela Merkel has more power than any other leader on the continent, which they will do with it?"
If the resignation, or diverted to the ground again with a duck?
The euro will be in the Far East under strong pressure because of a rumor? It is about the feared cancellation of "Family Europe" and the foreign exchange markets start falling into place immediately. The denial "invented absolutely free", accompanied by head shaking and bemusement, Vice-Prime Minister Christoph Steegman was not long in coming. And yet: Even the Vice-Chancellor, Guido Westerwelle, fell into a bright, hectic excitement and immediately called in Berlin to clarify whether there was any substance to the rumors turn. A dealer in Hong Kong described the wildfire as "nonsense". The euro fell almost two cents in value so far and all the world speaks of a massive impact.
What is listed else happened? The problem child
Greece is still relevant. The European Central Bank (ECB) has decided to pledge the government and the state no special treatment. The hope for assistance and a helping hand vanishing. Even the doubts of the market players to increase Greece's sovereignty. Few believe that the government was still in control. Then there is the concern that outside assistance will be needed soon. Two of the leading rating agencies have graded a "Lex Greece" (a type of government bond) is already below BBB and the third may follow suit soon. The refinancing of Greek banks is associated with high risks and seems increasingly out of control. Remains a concern, the announcement ("To return to the stricter regime of pre-crisis will") and warning ("the recovery will be uneven) the ECB saw.
side note, Goldman Sachs has informed the German stock from "Buy" to "sell" and lowered its target price from 73 to 52 €.
0 comments:
Post a Comment