Archive for January, 2009

(ANSA) – MILAN, March 28-The anger mounts in Europe against the bankers and rich, ‘I believe, some justification’. ‘If the crisis E’ARRIVATO – he explains – and for a short-term attitude in the policies adopted by banks in all species ‘foreign’. Doris pointed out that the shareholders of Mediolanum, his family and the one controlling Fininvest, Berlusconi; you are load losses from the underlying bond issues with the failed Lehman Brothers.

What really understand the anger against banks not doubt it, since he himself profiting by the credit. However, Lehman Brothers was the only one to cushion the fall of the customers who had invested in those bonds.

They bear a cost of no consequence, but the anger at the banks does not think it is only generated by the crisis. Already in the past because there were customers did not feel very satisfied by the customer-bank relationship.
Because the economic relationship of these two subjects I will never establish a harmonious relationship.

Sometimes however the customer remains dissatisfied with small things. Clear account statements just (that does not mean fraud, but only with an explanatory vocabulary too complicated or not), little assistance at the counter, little flexibility in payments and in case of economic problems and many other small details.

I understand that you’re not playing with money, but if you want to establish a good relationship with banks, you have a little review the system to the customer.

Banca Sella seeing the results of unemployment in the first quarter 2009 (89 thousand unemployed), seeking to meet the crisis and help those in need of a loan and is in layoffs.
For this type has created a loan for no more than $ 5000 refundable after one year, but all at once at the rate of 2.5% APR.

For example, asking $ 1000 at the end of the year we will have to repay Euro 1025.
The interest is high and 5000 euro may be useful to meet any unforeseen costs at a time when the most negative.
What do you think?

The countries of Eastern Europe are undergoing strong global crisis of recent years.
The latest European Union have entered into their very enjoyed the benefits of European citizenship and threatened with bankruptcy.

The debts of the government are very high and created in the international arena. Not being able to deal would mean a general collapse of the state.
That’s because unlike the Argentine case and given the weight that they have been in the economy of the old continent are receiving support from all institutions:

Due The European Bank for Reconstruction and Development (EBRD) will invest over the next two years from 500 million to one billion Euros in Romania, joining the combined efforts of the IMF, European Union and World Bank have now decided to earmark about 20 billion Euros for a standby loan over two years. 27mila are Italian companies with interests in Romania.

The IMF Romania will receive 12.9 billion Euros and the EU 5 billion Euros. The aid will serve to strengthen the fiscal policy of Bucharest, relieving the pressure on the government and improve the long-term sustainability.
The loans will strengthen the currency at the moment, but in recent years to be able to restart the GDP out of the economic crisis and repay the debts created?

How will benefit individuals and how these states will weigh on our shoulders?
I could hear a TV, which forecast a fall of European funding in the south Italy, precisely because of the arrival of yet the poorest in Europe.

Moreover, an eventual collapse of these states, the impact on EU policy? If you were to take place in a time of recovery, could bring down even Italy and the European banking system in crisis, severely stretching the economic recession.
In the absorption of East Germany from the west, the Germans bear many costs in exchange for a new market in which to work.
There was too risky to let in so many countries whose economy is not really strong in one moment?

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