OECD warns Europe the debt crisis to still have “contagion”

Published Categorized as Journal

on the 27th, Italy auctioned off to add up to EUR 3,800,000,000 national debt, the scale approaches to expect a zone EUR 2,500,000,000-4,000,000,000 upper limit.Expecting national debt rate of return to significantly descend to be close to one and half years for two years is among them a little bit low.Spanish government in the same day also auctioned off to add up to EUR 2,580,000,000 national debt, the scale reached to expect the segment in zone’s EUR 2,000,000,000-3,000,000,000 and recognized to buy multiple to cannot compare with before now national debt sale, the rate of return rose to fall different, 3 among the months expected national debt rate of return fall.
The reaction of bond market suggests that the investor baseball sunglasses has to alleviate to the misgiving of Europe debt crisis, but not yet thoroughly dissipation.Include euro area member country leader at inside of parts of personages think, debt crisis in Europe has already drawn to an end.But economic cooperation and development organization(OECD) then warn, debt crisis in Europe still may’infect’to euro area core nation.
Two country national debt auctions off pleased sorrow half
The sale on the 27th concretely suggests as a result, Italy auctions off on that day of EUR 2,817,000,000 expire national debt in January, 2014 and recognize to buy multiple to 1.86, is lower than national debt that February 24 auctions off same period of recognizing and buying multiple 1.935;The rate of return is 2.352%, is lower than national debt that February auctions off same period of the rate of return is 3.013%, create since November, 2010 lowest rate of return level;EUR 505,000,000 that the Italian in the same day auctions off expires national debt in September, 2016 and recognizes to buy multiple to 1.91, is higher than February auctions off of recognizing and buying multiple 1.861;The rate of return is 3.06%, high auction off rate of return 2.71% in February;On top of that, Italy auctioned off EUR 495,000,000 to expire in September, 2021 of long-term national debt, recognize to buy multiple to 2.23, is higher than February auctions off of recognizing and buying multiple 1.851;But the rate of return is equally 3.45%, auction off rate of return a little bit in February 3.19% to have ascension.
Expect national debt for EUR 1,500,000,0003 months that Spanish government auctions off on the 27th, recognize to buy multiple to 3.5, cannot compare with last time national debt of auctioning off the same period to recognize to buy multiple 4.0;The rate of return drops for 0.381%, a little bit last time same period national debt auctioning off rate of return 0.396% having;The country’s government still auctioned off to expect national NBA Jerseys & hats debt for 6 months of EUR 1,080,000,000 and recognized to buy multiple to 5.6 and obviously cannot compared with last time national debt of auctioning off the same period to recognize to buy multiple 10.2;The rate of return is 0.836%, a little bit last time auction off rate of return 0.764% to have ascension.
Crisis’end theory’gradually rise
Because the Greece completes private creditor obligation displacement(PSI), parts of personages get solution to thoroughly entertain optimistic an attitude to debt crisis in Europe.The Italian premier receives Di to mean on the 28th, debt crisis in Europe’almost draw to an end’.Receive Di to think, the solution aiming at Greece obligation problem almost has been already completed, the Spain and Italy’s public finance under way restructures to reform with structure, these all help the euro area suppress an obligation crisis further depravation.He calls:’The euro area experienced a great crisis, I believed at present this crisis to almost have been already passed by.’

see more:University campus good luck what multifarious

You dare the sky is long