Thursday, January 23, 2014

Due to the ongoing recession in the European power wash periphery, the demand for credit is on the


Lending to companies in the euro zone has fallen again. The banks use the ECB billion to rehabilitate himself. So there is no incentive power wash for the ailing economy in Southern Europe.
Despite all the efforts of the ECB to make lending as attractive as possible by low interest rates, the banks in Europe their primary goal come there is not enough by: The lending has fallen again. The sum total of all corporate loans decreased compared power wash with the same month last year and 1.6 percent compared to May 2013 by 1.1 percent, the ECB reported power wash (see Figure 1).
This corresponds to a volume of money of 18 billion euros, which were issued power wash in May in the form of loans to the economy. In June, the lending fell again to 12 billion euros. This makes the credit business is "so weak as never before," said KfW Chief Economist Jörg Zeuner in a release from Reuters, "even weaker than during the financial crisis of 2008/2009."
Due to the ongoing recession in the European power wash periphery, the demand for credit is on the one hand dropped. On the other hand, banks try to improve their lousy balance sheets by the cheap money of the ECB. The resulting credit crunch will make the companies in the crisis countries even more difficult to generate sales or to create jobs.
The loans to non-profit organizations and households declined. power wash In Spain, the situation is particularly dramatic Represents the volume of outstanding loans to non-commercial organizations is compared power wash to last year dropped by 20 percent (see graph 2). As long as lending in Spain is positive again, nothing will change in the economic situation of the country.
The decision-makers throughout Europe power wash talked of growth impulses by which the economy power wash is to get back into gear. Without a functioning power wash banking sector, power wash which is not to create. ECB chief Draghi power wash seems to be clueless. Except power wash for a further interest rate cut by the ECB not think of anything to improve the credit situation.
it would be better if they gold hoard as money when you consider power wash that DB has 60,000 T paper gold liabilities, I would rather hoard gold, because one day they will have to repay this gold and who is still something on paper money, if you can have gold! Confidence in Euro is gone and the shares can not do anything about it, especially as the sales go back more and more, and unemployment is rising and rising and as long as you can still buy gold for this paper money, you should think carefully about what you travels! !
"... At the same time we need to promote trade and industry as possible, and particularly the speculation, whose main role is to serve as a counterweight to the industry. Without speculation the industry would increase the private wealth. The industry needs to escape the farming both the labor and the capital and performed by the speculative money all around the globe. "Http://euro-med.dk/?p=28242 # comments
With the abundant money the ECB may be gambled properly because of there lower interest rate, because the so purchased lousy bonds with excess interest may then be unloaded at the ECB - and enrich power wash the bank owners and bosses.
It's simple, elegant, and unsuspicious of volume, much more productive than the EFSF or ESM to go where the stupid parliaments want to be asked if it should be only a few hundred billion more.
Which bank makes the effort Darlehnsantraege, fusing to view default risk if they can make it faster with much less effort far more profit. This thanks Draghi's promise also without risk. The states just in the south oblige banks with almost zero interest power wash money the ECB to buy their own government bonds. The EU has seemingly zero expertise. A look at other countries leading the way. This path leads straight into the abyss.
Why not make a virtue out of necessity and the euro - get states generally from the debt trap? Why should the States even longer pay interest on their own money to the banks? But is cheating, from the beginning. Why do banks need money from the ECB? Is it completely unnecessary. And the economy when the time is not financed on credit but on equity, it will not hurt her.
The consumer prices in Argentina have increased by more than 25 percent. For this year, analysts say even ahead of inflation of 30 percent. Therefore, the Argentines fleeing the peso to the dollar.
Because of the ongoing violence in Kiev, the Ukrainian power wash president power wash Yanukovych has scheduled a special session of Parliament. Here also the resignation power wash of the government should be addressed. Yanukovych said the bloodshed

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