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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
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Xaron
Munich, Germany
Posts: 528
14 years ago
May 5, 2010 14:08
I think there's a plan behind this. Especially Germany wants a weak Euro. But they don't seem to see the risks behind this...
Stationdealer
London, UK
Posts: 715
14 years ago
May 5, 2010 14:05
A bloody mess it is!
Why is the ECB letting this carry on, why are there no specifics as to when IMF is making their payment why hasn't there been a clear and unanimous decision from the Eurozone so far. Whats taking them so long, this is not just Euro catastrophe its nothing less of a financial melt down in the rest of the markets as well.
Xaron
Munich, Germany
Posts: 528
14 years ago
May 5, 2010 14:04
Unbelievable... I'm glad I'm flat...
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 5, 2010 13:49
well 70% of employed greeks are civil servants it is dangerous to wake a govt employed bureaucrat up
during work hours or rather hours on duty. German cops might soon be seen protesting as arresting themselves mutually... where is Monty Pythons by the way?
Stationdealer
London, UK
Posts: 715
14 years ago
May 5, 2010 12:42
I know that the Greek debt could drive the markets but what I did not know was that the Greek protesters could also have same effect. I mean WTF!!!!
bojan
Arizona, United States
Posts: 111
14 years ago
May 5, 2010 12:41
it seems to me that protests in Athens are going to get much worse as the day goes on. Huge part of the day is still left, and protesters are not going to get any "happier". Hope that some Greek gov. official is brave enough to address the crowd and come it in some way, 'coz this is getting ugly. There is no way that people are just going to stop and go home to watch some TV. EUR/USD is about to take some serious beating today and in days to come.


there is going to be some more ash, but not from the volcano



b.
Stationdealer
London, UK
Posts: 715
14 years ago
May 5, 2010 10:12
EUs Rehn: Confident 110 Bln Euros Will Suffice For Greek Financing Needs In Coming Years

*EU/IMF loan allows Greece to not go to markets for funding in first 2 years
*Deficit levels in EU are worryingly high
*Not going to propose aid mechanism for Spain as there is no need for aid mechanism
*Speculation reaching euphoric levels
*Spain, Portugal taking measures to consolidate public finances
*Greece only EU state which fiddled with statistics
*Euro zone taking care of Greek case, confident will turn things around for Greece
*Agrees with broad thrust of French, German ideas to reinforce EU budget rules
*Greeck growth will slow as a result of consolidation efforts. Greek economy should start growing in 2012
*Stock markets tend to think very short term
*Absolutely essential to contain bush fire in Greece, stop threat to whole EU economy
Stationdealer
UK
Posted Anonymously
14 years ago
May 5, 2010 10:11
"A society grows great when old men plant trees whose shade they know they shall never sit in."
Greek Proverb.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 5, 2010 9:14
meanwhile i reached sort of conclusion it is not impossible that someone can be such ignorant but it is not probable enough to take it for granted.
There must be some master plan at work. I will not touch EUR there are plenty of other majors to trade.
DAHAB
United Arab Emirates
Posted Anonymously
14 years ago
May 5, 2010 8:56
euro before brakes 1.2888 it will bounce back to 1.3014 .....chances and relax for all....hmmmmm.god only can save euro no angela merkal no greek...........
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