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The financing of the euro area this year, the curtain has been opened

January 6th, 2012

Brand new 12 months, Indonesia, Portugal and also the dinar region monetary balance within European countries, the actual meanwhile alleviation resources resources (EFSF) offers relationship funding, even though relationship to accomplish the duty unwillingly, however the marketplace overall performance isn't acceptable Read More...

Greek Prime Minister said the new assistance program will help clearing old debts

October 27th, 2011

Based on the RIA Novosti news October 27, Greek Prime Minister Papandreou said that the EU summit in Greece pledged to assist the country out of the new aid programs in recent years, adverse events happen. According to reports, Papandreou conference in Brussels correspondent, stated: "We have a possible answer towards the old account Read More...

European debt crisis exposed flaws euro, German business community would like to withdraw from the euro area

June 6th, 2010

With the euro lower, the euro zone's largest economy, Germany, challenged the European Monetary Union, becoming the voice of strong stability. Some German business community that the euro zone members "shared responsibility" not clearly defined, Greece, Germany, or more money for the euro area countries, "pays the bill" will be a negative impact on their economic development Read More...

No one would be interested in weak euro

June 2nd, 2010

Over the past 8 years, the strong euro and the euro zone's trust in the financial markets institutions played an important role. Financial flows (financial flows) of the Asian and the Middle East's trade surplus with the U.S. trade deficit imbalance between the dominant. Investors to hold dollar reserves to the euro as a liquid, stable dollars instead of money, help reduce the risk of the portfolio in U Read More...

U.S. gold closed higher Friday, Spain’s rating was down and euro weakness

May 30th, 2010

COMEX gold closed slightly higher Friday, Spain's credit rating was lowered drag euro weakness, some investors to cover short positions. COMEX8 month gold futures closed up 0.60 U.S. dollars, 1,215 U.S. dollars an ounce, trading interval 1203.80-1217.30 USD. COMEX7 month silver was down 4.60 cents to 18 Read More...

Father of the Euro: RMB next year or the year after next will be the world’s third largest largest currency

November 25th, 2009

November 25 1999 Nobel laureate in economics, the "Father of Euro" Robert Mundell, known as a speech yesterday in Hong Kong, said the current U.S. economy has entered a recovery track, I believe the dollar will continue to rise, and ease global inflation concerns. He also believed that in the next few months, the RMB revaluation pressure does not exist, and propose to the Mainland by reducing the trade deficit and import tariffs to ease exchange-rate pressures Read More...