EU leaders to agree the permanent rescue fund

Source: Reuters
EU heads plan to sign an agreement on the Euro Zone's permanent bailout fund at the Monday's summit. The EFSF will be replaced by ESM, the leaders of which will increase defense against the sovereign debt crisis. Mario Monti, Christine Lagarde and Timothy Geithner also insist on combining funds of the EFSF and ESM to create a fund of one trillion of US Dollars. Moreover, leaders are likely to decide on the rules regarding balanced budget in the legislation. The summit will also cover issues as unemployment and measures to boost growth.
Back to articles

Actual Topics

Mon, 30 Jan 2012 09:39:55 GMT

Natixis: Aluminum may average at USD 2,250 per ton this year

Aluminium prices are likely to face modest gains this year and average at USD 2,250 per ton in 2012, reported Natixis Commodity Markets Ltd. However, there may be downward pressure on prices in Q1 of 2012. Despite growing increase in aluminium demand, increasing production kept market in surplus last year, added Natixis. However, taken that many expensive production facilities are

Mon, 30 Jan 2012 08:48:30 GMT

Iran is prepared to oil embargo

Iran is prepared to reduce oil exports to the Euro Zone and will curb oil exports to some countries soon, said Iran's Oil Chief. The NIOC head, Ahmad Ghalebani, announced the country has embarked on marketing its oil in the non-European countries since long time ago thus finding new customers is not a problem.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.