Статьи, помеченные тэгом ‘Athens’

Pensioners are the last hope for Greece

Sunday, June 27th, 2010

Today it is known that the Greek Government has endorsed a draft reform, which includes a reduction of pensions and raising retirement ages. To save the economy, Greece began selling off land and even islands. For external debt is about 300 billion euro.

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The economic crisis in Greece becomes social

Monday, June 21st, 2010

The crisis in Greece ceased to be economic for a long time. In Athens, continuing a real social rebellion. According to calculations by economists, Greece had become bankrupt and to exclude from the budget diet all kinds of social payments in early May 2010. Eurozone supported Athens, instead of forcing the Greeks to tighten their belts tighter. The average salary in Greece is the earlier one of the highest in Europe, and unemployment rate was a record high.

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Gold price set a new record high today

Saturday, June 19th, 2010

Gold price set a new record against continuing fears over the economic outlook in Europe on Friday, 18 June. As a result of the regular trading session on the New York Mercantile Exchange, NYMEX, the August futures for gold delivery have risen by 0,8% to $ 1,258.30 per troy ounce.

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Dow Jones Industrial Average may end with collapse

Tuesday, June 15th, 2010

Bad news from Europe may omit a positive attitude bulls on today’s bid for Dow Jones Industrial Average. Dow Jones index is under pressure from the European negativity from the start of futures trading. Dow Jones Industrial Average could fall below 10,100 mark in early trading session. So, let’s take a look what happened in Europe:

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Dow Jones Industrial Average will avoid the collapse today

Tuesday, June 15th, 2010

Dow Jones Industrial Average increases in the range 0,4 – 0,7%. The level of support Dow Jones Industrial from the bulls remained stable. At the opening of stock trading in the U.S. 15 June 2010. expected to increase leading indexes. This is evidenced by the dynamics of futures on the leading stock market indicators. Now the quotations of futures for the Dow Jones index rose by 50 basis points (0.49%), the index of Nasdaq – 11 points (0.6%), the index S & P – 6 points (0.55%).

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Euro can accept death as salvation

Sunday, June 13th, 2010

Eleven-year European Monetary Union, uniting 11 countries, is tested for durability. States, especially Greece, Portugal and Spain, under pressure of markets in reducing deficits and reforming their economies. Politicians ponder over how to rewrite the rules of membership in the euro area, to prevent new crises. The European Central Bank was forced to intervene in the government bond market – in the central bank certainly not dreamed of that will go to such a measure. Euro fell sharply. But is this tension temporary phenomenon? Will Europe’s leaders to improve the situation? Or do they simply destroy the Eurozone? We consider four possible scenarios.

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Forecast exchange rate euro: survive or go into hiding?

Sunday, May 16th, 2010

The exchange rate euro set another historical low. Will the single currency to exist in 10 years? Now the question is even harder to answer than three months ago, when the leaders of the European Union gathered in Brussels for the first time to make threatening gestures with his finger and give the markets of Greece dim promise of “unity” in the event of financial difficulties. Exchange rate euro falls faster and faster. Do not underestimate the political will to preserve the single currency. Indeed, since February, the EU restores power. But the domestic crisis is growing even faster.

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Exchange rate euro will not return to its’ previous level ever?

Friday, May 14th, 2010

Europe is in the very difficult position in the history of the European Union. The exchange rate euro became the most vulnerable throughout the existence of a single European currency. Euro drops every day, with the hopes of the rising euro has not. Today the Euro updated in relation to the dollar a historical low in the past year and a half, but just the beginning of the year the euro zone currency has lost in relation to leading world currencies over 13%. The sharp depreciation of the euro exchange began late last year. In Greece, came to power a new government, which reviewed almost all the economic indicators articulated by the previous government.

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Dow Jones Industrial Average is ready for new marathon

Wednesday, May 12th, 2010

At the opening of stock trading in the U.S. 12 May 2010. expected to increase leading indexes. This is evidenced by the dynamics of futures on U.S. stock indicators. Ahead of the opening bell, Dow Jones industrial average futures rose 29, or 0.3 percent, to 10,738. Standard & Poor’s 500 index futures rose 4.90, or 0.4 percent, to 1,157.10, while Nasdaq 100 index futures rose 9.75, or 0.5 percent, to 1,945.00. At this point in time quotations of futures for the Dow Jones index rose by 37 points (0.35%), the index S & P – at 5.3 points (0.46%), the index of Nasdaq – on 4.75 points (+ 0,25%).

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FTSE and DAX went to the bottom

Wednesday, May 12th, 2010

The British FTSE 100, German DAX and the Swiss index SMI are going down. Stock trades in Europe 12 May 2010. opened by the decrease of the leading indexes. The negative dynamics of stock price is observed in European trading platforms has the second consecutive session. Rapid optimism generated by the 10 May this year news that the EU will create a stabilization mechanism of 750 billion euros, several bedrooms, and the players of the stock market talk that the tension in the situation with the debt problems of Greece are still putting pressure on the market.

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