Saturday, April 14, 2012

Spanish Prime Minister Mariano Rajoy at a press

The Spanish Prime Minister Mariano Rajoy at a press conference again, the euro zone is not ready to support Spain, and Spain also need not like Portugal, Ireland and Greece that accept worldwide fiscal aid. In other words, it appears in Rajoy, Spanish support is a" will not happen".

Rajoy stated to reporters:" at this time, talk about support to Spain, no meaning at all. Spain do not intend to acquire fiscal support from other countries. Furthermore, the rose gold mens watch euro zone is not possible to support Spain, no this sort of intentions, and Spain also need not accept assistance, therefore, the Spanish support is unlikely to happen."

Although Rajoy denies support released comments, however the marketplace place is nevertheless marketed even although in the Spanish shares and bonds. In other market segments in Europe and America stock options market place rises powerful background, Spain 's Ibex index fell 0.5%.

According in the direction of the media, Spain 10 yr yields when approached 6% warning line,11 times of evening slightly dropped to 5.8% levels. on this regard, Rajoy said, Spain's deficit decrease process is" emergency", urge people of rose gold ladies watch Congress to" unconditional" help the austerity program. Rajoy said," Spain's unsecured debt problems have arrived out vicious spiral", but not bad that Brussels should ask for for support degree.

At identical time, the Italy interconnection market place also issued urgent warning. 10, Italy 10 yr yields also rose 0.25 percentage points, to 5.68%. The evaluation factors out, since the marketplace place for Spain and Italy country financial environment concerns intensified, led in the direction of the newest two yields picks up ceaselessly. However, the Italy federal government officials are now attempting to convince investors, Italy's unsecured debt problems, and never so serious like spain. Italy's deputy finance minister Vittorio Grilli said," the marketplace place now anxious", but" we can't positioned on the par with Italy and spain". In 12, Italy sold4880000000 euros in bonds, however the auction level of return increased compared to market place price. Italy three yr interconnection auction scale is cartier replica watches 2880000000 euro, level of return of 3.89%, much increased than the2.76% in March 14th. bank loan provider of America Merrill Lynch analyst said," even although Italy and Spain cope with unique financial and fiscal problems, but now the interconnection yields are on the way for getting the same."

At identical time, according in the direction of the continent wide statistics departments to provide data, the joblessness level has risen to21.8% in greece. In 2011, the Greek common joblessness level soared from 12.5% to17.7%. The turmoil as well as the government's austerity plan to create the reliable every individual and every 10 work opportunities for the decrease of 1. At present, below the age of 25youth joblessness level is 50.8%. for the whole, every individual using the 5Greeks experienced 1unemployed. Spain's middle bank loan provider is anticipated this year, Spain's financial environment will shrink by1.7%.

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