Monday, October 11, 2010

EBU expresses alarm euro growth

It should happen. On Friday we have started to hear the first signs of grumble of discontent from the European officials euro growth when the head of the Central Bank of Austria Novotny has assumed that it can't help restoration, and the president of Luxembourg the Cadet also has noticed that euro too strong. At the same time Vellink has let know that it isn't disturbed by force of euro.

Moody’s Considers possibility of increase of a rating of China. Economic power of China and possibility of bank system to cope with losses on bad debts have been sounded as argument for benefit of possible increase of a debt rating of China to A1, the fifth on force, within three months.

The confidence of the French business circles remains strong. According to research BOF, the confidence of business circles has a little grown last month, thanks to growth of prom. of production. Growth of loading of capacities to 76,8 % from 74,4 % in August has appeared other positive factor.

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