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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
Will be interesting to hear germany's response on wednesday to eBonds on Msr Hollande's a la carte menu.
from bloomberg
"Germanys 16 states had 531 billion euros ($676 billion) of debt as of January, about half the federal governments 1.07 trillion euros, according to the Finance Ministry in Berlin. The sum doesnt include municipal debt. North Rhine-Westphalia owed the most, at 130 billion euros, and Saxonys 9.4 billion euros was the least. "
you can add another 300 bln Eur for municipal bonds....most cities which issue such bonds are bankrupt by all rational measures as the cost of public services is the highest of all members of Ezone.
who said Spain is heavily indebted?
our officials busy work/talk/guess about the top nine/eleven/seven chairs, no time for any EU rubbish.
ah, then i wait ur queen eat the whole hot potato.
Euro off 4-month low, helped by short-covering * IMM net euro short positions hit record high * Markets cautious despite G8 pledge to combat market turmoil By Hideyuki Sano TOKYO
Reuters