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Germany has already earned 60,000 million from the financing of its debt The ECB will only buy sovereign debt if governments ask for help from the rescue fund. Mario Draghi's words yesterday once again made it clear that there will be no immediate actions to tackle the pressures in the markets on Spain and Italy. Meanwhile, Angela Merkel is benefiting from the difficulties of both countries: Germany has already earned 60 billion from financing its debt. As high-level financial sources have explained to El Confidencial Digital , while Italy and Spain are agonizing over the pressure to which their debt is subject, Merkel is taking a good 'cut' from that crisis. This is also confirmed by information from the German newspaper Bild, which has calculated that Germany has saved 60 billion euros by financing its debt since mid-. Plus another 80,000 million Bild, formerly Bild-Zeitung , is a well-known German newspaper founded in 1952, which holds first place in terms of circulation in Europe, and is third in the world. It belongs to the Axel Springer publishing group , the same group that publishes the Die Welt newspaper .
The information from the German newspaper also indicates that the German Treasury has managed to place, on several occasions, short-term issues with negative rates: that is, that Germany has not only not paid for it, but has collected. Bild highlights that some 80,000 more must be added to those 60,000 million , due to the greater Middle East Mobile Number List tax collection and the reduction of social spending in the country chaired by Angela Merkel . The interest on the Spanish debt has doubled The article notes that, on the contrary, Spain has seen the interest on its ten-year debt double in the secondary market, going from 3.7% in 2010 to more than 7% at what it was quoted yesterday. Rates even reached 7.5% a week ago , which was a historic high since the creation of the euro . Meanwhile, German interest rates have been reduced by half , reaching unprecedented levels of 1.16% last July. The first national wheelchair soccer league starts today in Cantabria Yesterday, the 'Draghi effect' returned tension to the debt market. The ten-year Spanish bond was once again above the feared 7% barrier .
The German debt was positioned in the opposite situation, benefiting from the words of the president of the ECB , where the profitability of the German bond fell by 6% and ended at 1.28% . Germany does not give in The favorable situation for German finances explains Chancellor Merkel 's reservations about giving in to the demands of Spain, France and Italy that the ECB take direct measures in order to reduce tensions in the debt market, according to ECD . financial sources consulted. The German Finance Minister, Philipp Rösler , reiterated, hours before Draghi 's words , Berlin's frontal refusal of the banking license for the permanent rescue fund, one of the options that was being considered these days in the eurozone to stop the crisis. He took the opportunity to send a message to the ECB ordering it to “concentrate” exclusively on monetary policy , that is, on combating inflation. Furthermore, he demanded that countries with problems, in clear reference to Spain , undertake more reforms.
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發表於 18:13:16