Spain cannot find a way to deal with sovereign debt crisis

Note: This section contains information in English only.
Source: The Telegraph
As demand for Spanish bonds weakened and interest rates jumped to a crisis-peak-time high of 6.46%, Spain already has cut public salaries by 7% and raised VAT up to 21%. Leader of the Socialist Party Alfredo Rubalcaba claimed Spain might loose up to 600 000 jobs next year and unemployment could reach 32%. Moreover, Cristobal Montoro, treasury minister, proposed second VAT rise in the future in order to finance services. During the year Spain's debt increased from 68% to 90% of GDP.
Back to articles

Actual Topics

Fri, 20 Jul 2012 16:40:21 GMT

Brazil inflation rate jumped in July

According to the Brazil's statistics agency, nation's inflation rate surprisingly jumped in July. Consumer price index increased by 0.33 per cent, reaching ten-month high at 5.24 per cent.  Meanwhile, Brazil's economy is developing at a lower pace than it was previously expected, with GDP growth by 0.8 per cent during the first quarter of this year, and with nation's central bank economists forecast of only 1.9

Fri, 20 Jul 2012 16:29:21 GMT

Decline of companies' profits may lead to tax cuts in China

Drop of net income of half of 760 listed Chinese companies may pressure Premier Wen Jiabao and the government to lower corporate taxes. In order to stop the second largest world economy from losing pace of expansion  the government has to implement more measures on top of boosting investment and monetary stimulus, according to a senior economist at Credit Agricole,

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.