all over Europe on Tuesday (May 1st), demonstrations, and protests in Greece, Spain and elsewhere highlights the context of the region's economy into recession, people are applied to the government more pressure on the Government to reduce the tightening measures.Sac hermes
Spain's major cities gathered large groups of people, people May Day holidays, conduct demonstrations to protest against the government's economic reform program. Some people worry that the economic reform program will lead to increased unemployment and exacerbated the extent of Spain's economic recession.Greece, thousands of protesters to the street in Athens, against the government to implement austerity measures. The Greek government will hold national elections in a few days later.sac de hermes pas cher
Election week, France and Greece, the Spanish economy into a recession cycle and the euro area unemployment rate is rising expectations is growing public criticism, led by Germany's fiscal austerity measures.sac hermes prix
According to German media reports, the German Chancellor Angela Merkel (Angela Merkel) will reject the introduction of the stimulus package is to create economic growth in Europe. Merkel believes that economic growth requires political courage and creativity, rather than one billion euros of the money supply.sac hermes solde
French far-right will withdraw from the second round of general election
The French presidential election will be on Sunday (May 6), the Socialist candidate Hollande (Francois Hollande) is opposed to German Chancellor Angela Merkel Angela Merkel to focus on deficit reduction strategy.sac kelly hermes
French far-right leader Jean-Marie Le Pen (Marine Le Pen), she will cast blank votes in Sunday's decisive election campaign, neither supports the Socialist Party leader François Hollande, do not support the conservative incumbent President Nicolas Sarkozy ( Nicolas Sarkozy,). The new president took office, we must defend the concept of conflict with the current policy, touching sadness.Such a president would not be a president representing the interests of the people.sac birkin hermes
Sarkozy said that Europe will not be seeing Spain fall, the French economy is closely related with the Spanish economy. Spain, through reforms to address the economic and debt problems mainly depend on their own, save Spain first depends on the attitude of the Spanish people. France pulled out of the euro area, the idea is absurd.
Some analysts said that Europe seems to be toward the credit crunch, access to credit has become more difficult and more stringent loan conditions. More SMEs are shut out by the Bank, the credit situation is not as bad after the collapse of Lehman Brothers, but has also been tight. This does not mean that the European Central Bank (ECB) long-term refinancing operations (LTRO) failed, but it does show more than one trillion euros of three-year term loan on the real economy how unlikely it is. Unconventional measures to support the banking sector does not end there may be another round of LTRO.
International rating agency Standard & Poor's (Standard & Poor's) and long-term sovereign debt in the European survey shows that European sovereign borrowers will be stabilized in 2012, benefiting from the European government's fiscal consolidation measures.
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