b*****h 发帖数: 3386 | | p*****0 发帖数: 3104 | 2 good news is better than anything
【在 b*****h 的大作中提到】 : 今天失业率下降,好像都不重要了。
| b*****h 发帖数: 3386 | 3 我来开头吧。
http://www.cnbc.com/id/36986258
Busch: Crucial Friday German Parliament Vote
Published: Thursday, 6 May 2010 | 10:20 AM ET Text Size
By: Andrew B. Busch
CNBC Contributor
The German parliament’s budget committee approved a draft law on Wednesday
on Germany’s contribution to the Greek financial package.
The vote was along party lines with PM Merkel’s coalition parties of
Christian Democrats, their Bavarian Christian Social Union affiliates and
the Free Democrats all backing the plan. The German parliament is now on
schedule to vote on the draft on Friday.
The Bundestag or lower house is the key entity voting.
The upper house or Bundesrag will rubber stamp it. So far, the coalition is
holding together and will likely pass the Greek debt package on Friday. The
opposition party has waffled on the deal as to whether to support it or not.
They are focusing on the enforcement of the austerity plan before the funds
are released.
Once passed, the bill will be signed into law and then presented to the Euro
Zone meeting on Friday night. There is likely to be a constitutional
challenge to the agreement, but this will not impede the flow of money to
Greece.
There is a regional vote on Sunday in Germany’s most populous state, the
North Rhine-Westphalia.
According to Reuters, “Under Germany's political system, the parties that
form the governments in each of the country's 16 states are allocated a
number of votes in the Bundesrat upper house of parliament. NRW has six
votes -- the maximum any state enjoys -- out of 69 in total. The incumbent
CDU/FDP coalition in NRW must retain power to ensure Merkel's government can
rely on its support in the Bundesrat. If the CDU cannot form a coalition
again with the FDP and is forced into coalition with another party, the new
government would still have six votes but would likely decide to abstain in
the Bundesrat on issues its parties cannot agree on.”
German polling shows voters don’t like Greek bailout package.
While a loss in NRW is not fatal, this will make it necessary for Merkel and
the CDU to join into a coalition with another party.
Given that the ECB didn’t move today on rates, I believe they could be
waiting for this vote to take action in the markets.
While Bubba’s Weber has put a stake in the ground saying no extraordinary
action, I have to believe the ECB will move to ease credit shortly to
stabilize the financial markets.
The longer they wait to act, the longer the healing process will take.
It’s simply astounding that they haven’t moved already. | b*****h 发帖数: 3386 | 4 From The Associated Press, May 6, 2010 - 7:51 PM
France's parliament gives green light to aid funds for Greece
PARIS (AP) - France's parliament has adopted a budget amendment allowing the
government to release French funds for Greece's bailout.
The text was given final approval by the Senate, the upper house of
parliament, in a vote early Friday morning. The National Assembly lower
house approved the amendment on Tuesday.
European governments and the International Monetary Fund agreed to give
euro110 billion ($145 billion) in loans to Greece over three years. France
has committed to providing up to euro16.8 billion in its share of the three-
year plan.
Speaking Thursday on Canal Plus television, Finance Minister Christine
Lagarde reiterated that "Greece is part of the euro zone, so we are all
together in the same boat." | k********n 发帖数: 418 | 5 Nikkei falls over 4% to 2-months low on Greece Woes
【在 b*****h 的大作中提到】 : 今天失业率下降,好像都不重要了。
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