“ the Big twenty “ decides destiny of euro
On Friday, on October, 14th, in Paris the two-day meeting of Ministers of Finance and heads of the Central banks of the countries « opens; the big twenty ». They should discuss collected problems in connection with promissory notes of the countries of an eurozone. It is expected that representatives of France and Germany will present the new plan of struggle against crisis which will be discussed in a week at the European Union summit.
From officials wait for cardinal decisions. So, on the eve of Financial Times has published the post card of American billionaire George Soros and 95 former officials of the European Union in whom they offer the variants of rescue of an eurozone. Among offers - to create the general Ministry of Finance for all zone, big banks to betray under management of the European Central Bank, Italy and Spain to give the chance temporarily refinansirovat debts under the minimum percent to stop growth of debt crisis for the bill all the new countries. While, according to many experts, the European officials « rearrange furniture in the house captured by a fire ».
The day before the international rating agency Standard & Poor and #39; s has lowered on one point a credit rating of Spain. As it is marked, it is connected with unemployment high level in the country and high debts of the private companies.
However the main problem of an eurozone there is Greece which, despite the taken measures (allocation of the next tranche of help ETSB and reduction of budgetary expenses), threatens a default.
from Europe the Russian rouble has responded To negative news the next strengthening. At the auctions on Friday the average rate of the American currency bargained below 31 roubles, the euro exchange rate has decreased to 42,72 roubles. According to analysts, the rouble cash is in great demand. The Russian stock market as has opened moderate growth.