tomorrow the German constitutional court will release
its verdict about the Greece bailout at 1000 o clock. it will
probably be positive but with some ad ons such as in future it will
be up to the parliament to vote. A negative verdict would
mean the end to the euro. I don't think that they have the guts to
do that.
yep dylan, ultimately there will have to be some defualts in
Europe, Greece can never pay all that debt back, so while it would
be painful I think some defaults are eventually needed to help
speed it along
The valuation on the European banks tells the same story. Price
to book on Deutsche Bank is now 0,43 and the share price is heading
down to 2008-09 years low.
Time release of German Vote result- does anyone know? after market today or?
Posted by parkridge77 on 6th of Sep 2011 at 10:34 am
tomorrow the German constitutional court will release its
Posted by lebow on 6th of Sep 2011 at 10:55 am
tomorrow the German constitutional court will release its verdict about the Greece bailout at 1000 o clock. it will probably be positive but with some ad ons such as in future it will be up to the parliament to vote. A negative verdict would mean the end to the euro. I don't think that they have the guts to do that.
you are probably right..just keep
Posted by dylan398 on 6th of Sep 2011 at 11:03 am
you are probably right..just keep kicking the can down the road
yep dylan, ultimately there will
Posted by matt on 6th of Sep 2011 at 11:07 am
yep dylan, ultimately there will have to be some defualts in Europe, Greece can never pay all that debt back, so while it would be painful I think some defaults are eventually needed to help speed it along
The valuation on the European
Posted by lebow on 6th of Sep 2011 at 11:16 am
The valuation on the European banks tells the same story. Price to book on Deutsche Bank is now 0,43 and the share price is heading down to 2008-09 years low.
September 29th is Budnestag vote on EFSF
Posted by talleyrand on 6th of Sep 2011 at 10:45 am
but tomorrow the Bundesverfassungsgericht (high court) will decide if the transfers to Greece and so on have been legal.