euro, criza datoriilor de stat, euroscepticismul, monede nationale, renuntarea la euro, salvare euro, zona euro
Sunday, January 23, 2011
Tuesday, January 18, 2011
The euro's rise against the dollar picked up some steam on stop-loss buying, helping push the single European currency 0.1 percent higher on the day to $1.3305, up from an intraday low of $1.3254. But doubts that euro zone policymakers would reach a quick decision on whether to enhance a rescue fund aimed at quelling a sovereign debt crisis, which has forced Greece and Ireland to take bailouts and put nations such as Portugal and Spain under heavy pressure, remained the euro's Achilles' heel.
Saturday, January 15, 2011
AAPL AIG BAC Bear Stearns, Ben Bernanke, BSC C China, copper, DELL, DIS, DJIA, Dollar, DOW, FDIC, FED, FNM, FXI, GM, gold, GOOG, GRSGS, inflation ,IPO, NOC oil, silverSIRI, YHOO, Yuan
Friday, January 14, 2011
Thursday, January 13, 2011
"I also wish to thank EU Council President Hermann van Rompuy for his courage and energy in heading the task force which led to the necessary strengthening of the budgetary control mechanisms in the European Union", said Daul.
Wednesday, January 12, 2011
The ECB should do what the Fed is doing
SPIEGEL: Americans and Germans differ widely in their views on how to make the economy pick up again. The US is trying to boost the economy with tax cuts and by having the Fed buy government bonds, while Germany wants to stringently cut expenditures.
Roubini: The cost-cutting measures, the ECB's tight monetary policy, the current high value of the euro -- that's all fine for Germany and the heart of the EU. But what's good for Germany is by no measure good for the countries on the periphery of the EU. The economic output of Greece, Ireland and Spain is shrinking, and there is hardly any growth in Portugal and Italy. To get these countries back on track for recovery the ECB should do what the Fed is doing and increase the money in circulation to stimulate growth.
Tuesday, January 11, 2011
Having an opinion is fine.
Just as likely, the market will often go up a lot over a long period. So for the real investors who are investing real money in the real world, take note that you should build your investment strategy around your life and your goals and not the annual guesses of gurus
Monday, January 10, 2011
BCR has favored euro-denominated secured loans in the past as well, considering that in the First Home scheme, where the bank had the biggest cap allocated, BCR only had euro-denominated loans in its offer. As far as RON-denominated unsecured personal loans are concerned, the bank offers a fixed interest rate ranging between 17.2% and 20.2% a year depending on the maturity and on the customer's credit history with the bank. The bank's offer of secured personal loans continues to include both RON and euro-denominated loans. AAPL ,AIG, BAC, Bear Stearn,s Ben Bernanke, BSC, China, copper, DELL’ DIS’ DJIA,Dollar,DOW, FDIC, FED, FNM FX,I GM, gold, GOOG, GRS, GS, IBM, inflation, IPO, JPM, KR, MA, MSFT, NOC oi, PM, PTR, SHLD, silver, SIR,I SMG, SNE, TTM ,Warren Buffett, XOM, YHOO, Yuan
Saturday, January 1, 2011
But it comes at a time when the euro is growing increasingly unpopular among members of the currency club.
For many of Estonia's 1.3 million residents, joining the eurozone club is preferable to uncertainty linked to its outgoing currency, the kroon, and is seen as a good way to attract further investment.
Estonia also hopes the move will help its economic prospects improve after recent years of recession and austerity measures. Estonia's Central Bank is forecasting growth of nearly 4 percent next year.
Like its Baltic neighbors Latvia and Lithuania, Estonia is used to having little currency flexibility. The kroon has been fixed, first to the German mark and then to the euro, since its launch in 1992, when Estonia became the first ex-Soviet state to quit the ruble zone.euro, criza datoriilor de stat, euroscepticismul, monede nationale, renuntarea la euro, salvare euro, zona euro
Thursday, December 30, 2010
In 2009, developers completed retail projects totaling 195,000 sqm, according to CB Richard Ellis (CBRE) data.
Oradea Shopping City, Uvertura City Mall Botosani, Vitan Outlet Bucharest, Policolor Shopping Center Bucharest and Electroputere Shopping City Craiova are other projects scheduled for completion in 2011. Read more on http://www.mediafax.biz/. (Z.F.)euro, criza datoriilor de stat, euroscepticismul, monede nationale, renuntarea la euro, salvare euro, zona euro
Wednesday, December 29, 2010
Tuesday, December 28, 2010
The EC President said that because Romania has one of the highest borrowing costs in the EU, without economic reform, the conditions for attracting investors, building trust and thus creating growth and jobs “will not be met”.
In October a combination of the opposition National Liberal Party (PNL) and Social Democratic Party (PSD) launched a vote of no confidence against the Government for its perceived financial mishandling of the Romanian budget, accusing the leadership of dictatorial tactics and nepotism.
The opposition claimed it had the right to launch the motion because opinion polls revealed public discontent with the leading Democratic Liberal Party (PDL) – the main party of Government.
The measure failed to pass Parliament but the PNL-PSD hinted it may launch further impeachments.
The EU has pumped in five billion Euro assistance package to Romania to limit the budget deficit and preserve macroeconomic security.
Barroso also “commended” the Romanian people and its authorities for their efforts during the global financial crisis.BCE, Citigroup, Comisia Europeana, FMI, Federal Reserve, Germania, Grecia, Irlanda, Marea Britanie, PIB, Rusia, SUA, Spania, Standard and Poor's, Ungaria, Uniunea Europeana, economie, obligatiuni, zona euro
Sunday, December 26, 2010
The Wall Street Journal has reported it will be one of the largest bank sales of distressed loans since the financial crisis hit in 2008.
The portfolio, to be sold to Apollo Management LP, consists of loans for apartment buildings in Germany and hotels in a number of European countries.
The bank may share in any gains realised by Apollo as it is taking an equity stake in the company.
euro, criza datoriilor de stat, euroscepticismul, monede nationale, renuntarea la euro, salvare euro, zona euro
Thursday, December 23, 2010
Austria's Erste Bank has sold financial gold
Monday, December 20, 2010
Saturday, December 18, 2010
In November, the value of assets rose by 30m euros."I had expected the 1bn - euro mark to be reached by yearend. However, the situation is on edge after November data reporting. Should December be a typical month, I do not believe we will hit this threshold, but we may have an atypical month because there are companies granting the 13th salary or various bonuses and thus the value of collected contributions is likely to be higher," believes Radu C. an investment manager with Eureko Pensii. In late November, mandatory funds had 5.1 million participants, 5% more than at the end of 2009.(ZF)BCE, Citigroup, Comisia Europeana, FMI, Federal Reserve, Germania, Grecia, Irlanda, Marea Britanie, PIB, Rusia, SUA, Spania, Standard and Poor's, Ungaria, Uniunea Europeana, economie, obligatiuni, zona euro
Thursday, December 16, 2010
In short - 2010
As Europe tightened its fiscal belt, America passed more stimulus measures. Barack Obama also signed into law the most sweeping changes to America’s financial-regulatory system since the 1930s and a health-care reform act that was hailed by many as America’s most significant piece of social legislation since the 1960s. Conservatives challenged the act in the courts.
Unease about deficits and the “jobless recovery” were factors behind the increasing clout of tea-partiers in America. With their support the Republicans scored a sensational win in a special election for Ted Kennedy’s former Senate seat in Massachusetts. November’s mid-term elections saw the Democrats swept from power in the House by the biggest swing to the Republicans in decades. Congress ended the year on its lowest-ever Gallup approval rating—13%.
In China the main worry was of an overheating economy. The central bank unexpectedly raised interest rates for the first time in three years amid concerns about inflation. Official trade statistics showed China had overtaken Germany as the world’s biggest exporter. Tensions over currency policy were at the forefront during summits of the G20 and IMF.BNR, Banca Mondiala, Emil Boc, FMI, Guvern, INS,Ministerul Economiei, PIB, Prima Pagina, Romania,agenda de business, bugetul de stat, economie, revista presei, salarii, salariu minim
Euro falls on Spain worries
Precious metals prices came under pressure as the U.S. dollar rose. Oil gained following an unexpectedly large drop in U.S. inventories. U.S. Treasuries saw their early flight-to-safety buying momentum wane, but the 10-year benchmark note held modest gains while the 30-year bond lost more than half a point.
Spanish government bonds reversed early losses. The 10-year government bond yields shot up to a high of 6.43 percent before falling past Tuesday's closing level to 5.48 percent, down 7 basis points for the day.
"It's literally a question of people thinking maybe Spain is too cheap," said Huw Worthington, a European fixed income strategist at Barclays Capital in London. "People have maybe cheapened it too much ahead of the auction."
Spain will hold a 10- and 15-year bond auction on Thursday.
The euro fell to a record low against the Swiss franc of 1.2758 francs on the EBS trading platform before recouping to 1.2787, off 0.4 percent.
Against the dollar the euro fell 0.91 percent at $1.3262. The greenback rose 0.49 percent to 84.04 against the yen. Against major currencies the U.S. dollar was up 0.79 percent .DXY.
Moody's cited concerns about Spain's mounting debt and 2011 funding needs. The decision included the caveat that while the Aa1 rating could be cut, it does not expect Madrid to have to follow Greece and Ireland in requiring a European Union bailout.BCE, Citigroup, Agerpres, Mediafax, PIB, Rusia, SUA, Spania,Banca Mondiala,FMI, Guvern,agenda de business, bugetul de stat, economie, revista presei,romania,antena3.ro,realitatea.net,mediafax,bucuresti,camera de comert
Sunday, December 12, 2010
The European Central Bank president, Jean-Claude Trichet, said he would keep giving banks unlimited liquidity well into next year but made no guarantee to step up the bond-buying to combat investor panic surrounding Portugal and Spain.
Investors initially sold the euro and increased the cost of insuring eurozone debts after Trichet's comments, but a closer reading of his remarks and analysis of market activity later showed that the ECB was involved in large-scale behind-the-scenes support to bond markets.If you ever played Monopoly, you learned that by managing your cash flow wisely, you could buy a bunch of houses and hotels -- and win. If you didn't manage it well, you might wind up in jail or penniless.
Small wonder that aside from bankruptcy and audit, the term cash flow is probably the most terrifying in an entrepreneur's dictionary. According to a survey by Intuit, 22 million of the nation's smallest business are waiting for approximately $1,500 in overdue payments every month, creating a $33 billion logjam on their cash flow. In the same survey, 42 percent of business owners said they stay up nights worrying about how quickly they will be paid.
Obviously, the money your customers give you is cash flowing "into" your business, and the checks you're writing to pay salaries, suppliers, utilities and others constitutes the cash flowing "out" of your business. And as entrepreneurs know, a positive cash flow is the holy grail for all business owners.BCE, Citigroup, Comisia Europeana, FMI, Federal Reserve, Germania, Grecia, Irlanda, Marea Britanie, PIB, Rusia, SUA, Spania, Standard & Poor's, Ungaria, Uniunea Europeana, economie, obligatiuni, zona euro