German Suggests Greece to Leave Euro.
French finance
minister unhappy with German Wolfgang Schaeuble statement in response to Greece crises.
French finance minister Michel Sapin said that French willing to strengthen the euro zone
instead. The idea
of Greece temporary exit euro may be followed by 19 members other countries which
is in difficulties as adjustment of their currency, Michel Sapin reminded. (PE01/RE/2/August/15)
Irish central bank faces uncertainty after Britain plan to leave the European Union and make bad impacts on Irish economy especially on agricultural sector as well as foreign direct investment. An executive board meeting published report of finance minister enquiry to its department to present assessment of possible referendum outcome on the issue. (PE02/RE/29/July/15)
China Economy Wants Head to Head Against The US.
It seems that
the trade war has begun with yuan currency devaluation. Following yuan devaluation
2 percent, Asia currency weakens, global and US stock market’s stumbling down.
China is to target growing in export along with cheaper yuan while the US
export to China would be more expensive and consequently consumers prefer to buy
cheaper China goods. (PE03/CB/12/August/15)
Irish
Central Bank to Leave Euro.
Irish central bank faces uncertainty after Britain plan to leave the European Union and make bad impacts on Irish economy especially on agricultural sector as well as foreign direct investment. An executive board meeting published report of finance minister enquiry to its department to present assessment of possible referendum outcome on the issue. (PE02/RE/29/July/15)
China Economy Wants Head to Head Against The US.
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