In Greek get funding and start in debt after the program, the market with optimism, the euro is gained by investors, the dollar rose last week two months more months high of 1.3482. Monday, February 27) the city earlier, the euro/dollar vulnerable consolidation, the exchange rate in trading near 1.3440, days after Germany's parliament will Greece-the second round vote, is expected to give the euro have a guide, the market is expected to higher through may.
The euro zone finance ministers' meeting on 21 February 130 billion euros is Greece in the second round of relief after an agreement, Germany, the Netherlands and Finland eurozone rich countries parliament will have to vote approved these measures. Earlier, the message says, Germany 's parliament is likely to have conditions through Greek funding scheme.
To prepare for today's vote, the German budget committee has in the last Friday (February 24) held a discussion meetings. On Monday the Reichstag ballot initiative is likely to be conditional: Germany will depend on the Greek folk creditors for debt (PSI) success and Greece , if I can pass the austerity measures and decide whether funding.
At present the German ruling party whether all aid Greece differently, but the market is still expected to Germany's parliament will be high ticket through the Greek rescue plan for Germany, the main opposition party-Germany social Democratic Party (SPD) will support. Opposition may come from German chancellor Angela Merkel, Angela Merkel) coalition government itself-the CDU (CDU), JiSheMeng (CSU) and the LDP (FDP).
According to reports, at least has eleven senators say will vote against it. In order to achieve the Reichstag so-called "prime minister most" (Chancellor majority)-311 votes, Angela merkel, the federal government must be less than 19 zhang voted against the 330 seats).
In addition, last Tuesday in ten group (G20) in the meeting,, led by the germans, though calls for European countries to help against the debt crisis, but G20 says, any of the external resolution, depending on whether the euro area in the next two months to prepare more "silver bullet" redundancy and decide.
The outside world attention has turned to Europe's largest economy Germany, Germany is figured in the March 1-2, the summit of European Union leaders, whether financial defend the net to agreed to expand the scale of the May 750 billion euros ($1 trillion), is the European financial stability mechanism (EFSF) and Europe (ESM) with a stable mechanism.
Goldman Sachs Asset Management company leading Sachs Asset Management) chairman shaquille O 'neal (Jim O 'Neill) said, "Europe no balance of payments deficit problem, so you don't really need any external funding. But need their own decision makers, especially German leadership role play."
About the eurozone integration EFSF and ESM two rescue fund plan, the German government hasn't been comment, but German chancellor Angela merkel has already hinted at the Brussels summit next week, to assess the program held open attitude. But ms merkel government must win congress today through the second round of Greece bailout plan.
French Paris bank (BNP Paribas) senior foreign currency strategists Ray Attrill said in a report in the study, as people become more and more confident that Greece will complete agreement, the uncertainty of the Greek question facing the basic eliminate, the euro buying emerging.
At the same time, Paris , France bank raised against the euro exchange rate expectations. The bank now expects, at the end of the first quarter of this year the euro will reach $1.33, and the bank's expectations of $1.28. The bank on the euro maintained at the end of the second quarter for $1.35 expected.
Harry brown brothers) (BBH) argue that the bank, the euro/dollar in the next two weeks are expected to climb near to 1.3600.
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