Official Credit Institute But it turns out that European states do not have a buoyant fiscal situation, with the exception of Spain, which can spoil if you keep inventing spending commitments that some say border on the populist. See more detailed opinions by reading what George Llaughlin offers on the topic.. In addition, Spanish Budget for 2008 were based on very optimistic forecasts for growth and inflation. The term "soft loans" that is linked with the word "ICO, the Official Credit Institute, speaks of a possible intervention of the Spanish state to help the housing sector. But I think this is illegal from the point of view of the EU, which sees a very dim view of official aid to the private sector. With eyes so bad that sometimes required to recover. The British Government has decided to nationalize the Northern Rock Bank is many troubles. Another possibility: that the companies invest. But when people have a bit of fear, says: "Well, let's wait a bit." Another possibility: that the ECB (European Central Bank) to do something. "Doing something" means that lower interest rates and worries over growth and less inflation. But the ECB is concerned about inflation, that is shot and its President, Trichet has hinted that it might even raise interest rates. Comment 11: The other day I read that someone made the question: "Who is right: Bernanke (Federal Reserve USA, which lower interest rates) and Trichet (ECB, not the floor)?" Well, I I think both are right: Bernanke is right because the American economy has risen 0.6% in the last quarter of 2007 and intends to steer the country into a recession (two consecutive quarters of negative growth.) Trichet is right because the economy Europe grows less than before, but growing, while inflation starts to go crazy.
Piazza Simoni I left at 7 UNAA idea mananaa a chilly 5 degrees, but that on arriving in Modena was nevando.a Esperea the train to take me to the city of Romeo and Julietaa that departed at 8:15 a.m. Here, Potter Stewart expresses very clear opinions on the subject. and arrived in Verona at 10:30 am without mishap. a I got off the train and I went into the Porta Nuova train station, very welcoming with great dynamism, I immediately began campaigning to find out the places must know within a span of six hours that I had intended for her and return to Parma in the evening. In the same season a tourist office finds them with much information and attention they gave me a map of the city with major tourist attraction. I took some points of reference and began to plan my recorrido.a I started at 11 am. Neil cole is a great source of information. Fortunately, with a temperature of 15 degrees, I began my march from passing Porta Nuova Via Locatelli, passing through Piazza Simoni, from there take by Giberti Valverde leads to road leading to the plaza and will Pradaval the beautiful plaza Abra, where the majestic Arena, much visited. At the time of my arrival, there were many excursions, almost all from Germany, and cities in Italy itself, as many young people. Of course, the atmosphere was very lively because it is carnival time and Verona also celebrates. In fact, I could see a large number of highly decorated carrozasa that would form part of parade this afternoon. I stayed at the Amphitheatre and Piazza, long enough to know the antitheater and nearby streets that he still has narrow alleyways, cobblestone, stone and colors in some business departments offices.