Avoca theatre in Berlin, Germany, January 19, 2014. REUTERS/Fabrizio Bensch
The German government has offered €11 billion in cash, including interest, to finance an economic stimulus package to offset weaker growth and revive the euro zone.
The bond offer is not part of an agreement to bail out troubled euro zone nations. But it is a sign of deepening anxiety and doubt in Europe’s top economies about the long-term health of a banking system and European financial system, after the financial crisis.
The government said on Friday it had offered €11 billion in bond to avert a run-up in the value of the euro zone’s two most valuable sovereign bonds, the German 10-year and the Italian 10-year notes. They are the wo바카라rld’s two main bank notes.
A day later, it announced that on January 22, it would again raise capital by selling its bonds at a “wholesale basis”, or for a one-off premium of €3.50.
German public pension funds, which hold about 11 percent of the notes, have seen their funds slashed because of losses in a sovereign bond market whose value has surged in the last few years. The fund managers have urged banks to sell their holdings.
The government has said it would issue more loans if needed. But it may also need to use some of the proceeds for borrowing or the exchange of currency in the future.
It said it would continue to sell its bonds to avert a run-up in the value of its currency.
European stock markets fell sharply. German shares fell 4 jarvees.compercent on fears of German government bond sales.
The bond offer is the second attempt by German banks to provide financial cover for troubled companies. In December, German bank Nordea agreed to invest €6.1 billion in the Italian carmaker Fiat and has so far only raised about the same amount in exchange for bonds.
At issue is a proposal by German banks to buy a stake in Italian car firm Fiat from Italian private-equity firm Finmeccanica. Fidelity Investments, which owns about half of Fiat and is managing Finmeccanica’s debt, is planning to sell another stake.
A spokesman for Finmeccanica declined to comment, while a spokesman for Nordea said, “We don’t comment on this.”
It더킹카지노 was not immediately clear how many investors have pledged funds, which amounts to less than 2 percent of Fiat’s entire market capitalizatio
Springborg welcomes libs nat amalgamation vote to end
The former prime minister will meet the president, he said, after a meeting with the president of Chile.
In an editorial published in El Mercurio late Friday, a Brazilian n카지노 사이트ewspaper, RDS, described as “excellent” Mr. Rousseff’s decision last month to support the “Libs amalgamation” bill.
Among the proposals on the bill are changes to the definition of a “nation”, a requirement for “consultative” consultations, the lifting of the “categorical requirements” on which a constitutional amendment could be based.
The measures are scheduled to be put on paper on Thursday, the Senate president, Roberto Azevedo, said Friday.
The bill is controversial because it removes the right to appeal against unconstitutional legislation, but allows for the suspension of sentence, the release of those found guilty of crime, and pardons for public servants and ex-government officials who are guilty but are released after serving their terms.
A statement from the RDS quoted Mr. Rousseff as saying her government would not change its position on the bill.
“더킹카지노The fact remains that my government supports all of the principles of equality before the law,” the statement said, and noted “I am convinced that this law represents a huge step forward to reduce violence and increase public order.”
President Obama said Friday he planned to visit Brazil during this week’s state of the union.
In a separate effort, Brazil’s state-run media said Tuesday night that the U.S. secretary of state, John Kerry, was going to tour Brazil with U.S. representatives for a joint briefing on “trans-Atla바카라ntic cooperation.”
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