2012年3月11日星期日

the interest rate difference is not large

European debt crisis be Burberry Bags , the number of central banks in Asia are facing rising oil prices may lead to the risk of rising inflationary pressures. South Korean Vice Finance Minister said crude oil prices that Korea faced one of the biggest worry. Reserve Bank of New Zealand's announcement that the day has decided to maintain the benchmark interest rate unchanged at 2.5%. Economic recovery and Burberry Outlet New Zealand dollar appreciation as well as post-earthquake reconstruction delay, reduce the inflationary pressures of the country.Germany has also become the basis of ECB policy on price stability and low inflation demands. Low interest rates in many countries, including Greece, a large number of accumulated debt. Creditors assume that the risk of the EU countries less the same, so the interest rate of the Greek government bonds and German government bonds, the interest rate difference is not large. However, the financial crisis and global economic recession the capital market awareness to Greece and other neighboring countries, the risk is not only much higher than in Burberry Outlet , these countries do not have an independent monetary policy for economic recovery. Moreover, these countries will not only interest rates rose, the more likely the risk of default on its debt. The latest research shows that the euro zone itself defect from the "impossible trinity": there is no unified system of debt, the ECB does not provide Member States with the support of the monetary policy, sovereign debt and banking is too closely linked. If you want to save the euro, we must sunglass hut at least one defect. Make any changes will be difficult.

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