Deputy Prime Minister

The bag falls in line with the rest of European parks. The Minister of economy ensures that the markets trust us. There is a lot of sensitivity, why they vary both values. The risk premium on Spain on Thursday ended the session of the secondary market of public debt in 274 basis points on a day in which investors fears about the bailout to Greece boosted it up to maximum levels in 2011. So half session, the country risk of Spain, which is measured with the profitability of the national bond to ten years and the German, came to its annual peak of 282 basis points affected by the inability of the European Union (EU) and the European Central Bank (ECB) to reach an agreement on the second plan of aid to the Greek economy. You may want to visit American Advisors Group to increase your knowledge. The risk premium is close to its all-time high, reached last November 30 when stood at the close of the session at 289 basis points. The 10-year Spanish bond yields today exceeded 5.6%, from 5.5% to marked at the opening of the session of the debt market, while the German bond yield fell, remained below 3% and closed at 2.9%. Source: carlos hank gonzalez banorte. Despite the upturn, the risk premium on Spain is still far from other peripheral EU countries, since in Greece exceeds the 1,500 basis points, Ireland is in 863 and of Portugal passes from 790. The second Deputy Prime Minister and Minister of economy Elena Salgado, recalled for his part to cadena SER that the evolution of the risk premium is closely related to the worsening of the crisis in Greece and pointed out that there is an almost general instability in this market by this circumstance, which particularly affects Italy, Belgium and Spain. To be in a process of reforms and fiscal consolidation, there is great sensitivity in markets who see Spain, causing investor turbulence due to the situation in Greece. The Minister stressed that the latest broadcasts of debt by Spain has gone well, so markets continue to have confidence in us, at the time that recalled how the situation afflicting Greece affects the markets in general and not only to a country that is associated with helena crisis. The Bosa falls for its part, the bag dropped 0.15 per cent, which prevented him from reaching 10,000 points, in line with the rest of European squares, in a day again marked by uncertainty about the future of Greece, and its cto on the rest of European countries. Thus, the Spanish stock market IBEX 35 selective index ceded 14,60 points, 0.15%, up to 9.918,50 points, and annual earnings shrank to 0,60%. The main squares in Europe, with the euro at 1,415 dollars, closed in negative: the Eurostoxx 50 index fell 0.03%; Frankfurt, the 0.07%; Milan, the 0.33%; Paris 0.38% and 0.76% London. During the day, Spain won for the second time this week close a way to debt issuance relatively satisfactory, after award of 2.839,5 million euros, of which 1.513,15 corresponded to obligations to 1.326,35 million euros with a maturity of eight years and fifteen years. Source of the news: the risk premium on Spanish climbing to 274 basis points by the doubts of the Greek crisis

European Leaders

It will be next week at the UN General Assembly. EE UU has called on eurozone expand bailout Fund. Obama also wants more spending to revive the economy rather than cuts. The U.S. President, Barack Obama, will address the the debt crisis in Europe next week in their meetings to the margin of the UN General Assembly with the leaders of the United Kingdom, France, Brazil and Japan. As indicated by the Deputy Adviser for national security, Ben Rhodes, in statements to the press, the crisis will be one of the issues that will address in his meeting with the Brazilian President, Dilma Rousseff, Tuesday and Wednesday with the French State, Nicolas Sarkozy; j the British Prime Minister, David Cameron, and the new Japanese Government, Yoshihiko Noda j. These bilateral will be produced after the meeting this Friday from the Ministers of Finance of the Ecofin in Poland, where he participated in unusual way the Secretary of the Treasury, Tim Geithner, and which concluded without deleting the divisions that impede progress in the aid programme for Greece, the great immediate problem in the crisis. The eurozone ignored EE UU pressures so that the EU will stimulate the economy and boost the bailout Fund and Ministers not took advantage of the meeting to advance solutions to the crisis and proceed to the second rescue of Greece, valued at 160,000 million euros. This has generated harsh criticism of EE UU, which calls for more spending to revive the economy rather than cuts. More meetings U.S. President arriving in New York on Monday and Tuesday, in addition to meeting with Rousseff, it intends to do so also with the leader of the National Transitional Council (CNT) Libyan, Mustafa Jalil. He also held a bilateral meeting with the Afghan President, Hamid Karzai, that will address the progress of the transition in the Asian country, and will be with Turkish Prime Minister Recep Tayipp Erdogan. On Wednesday, Obama will speak before the General Assembly with a speech, attend the Clinton Global Initiative and will also meet in a bilateral with President Salva Kiir of southern Sudan. The U.S. President plans to also meet with the israeli Prime Minister, Benjamin Netanyahu, to address ways allowing to relaunch the peace process, although the precise moment of the meeting is not yet closed, according to the White House.