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The Greek Financial Crisis and the European Union. Germany's dilemma and basic principles to improve the Economic and Monetary Union

Автор:   Horst F.S.
мягкая обложка
268 страниц
2010 год
Издательство:   Книга по Требованию
3048 руб
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Описание:Did the Commission know about financial troubles in Greece? What role does Germany' s economic and political influence play? The book follows the political discussions and decisions taken to diminish international pressure on the Euro and to stabilize the budgetary situation in Greece. Why did financial markets this time react in panic, although the markets were aware of the Greek financial situation and never had reacted this way, since Greece has joined the currency union? With a historical view of the evolution of the Stability and Growth Pact and the accession of Greece to the EMU, the book tries to screen possible misinterpretations, good beliefs and optimistic views which led and ignorantly supported the current economic imbalance in the Euro zone. It also seeks to outline proceedings behind the scenes. Greece' s accession to the Euro zone could jeopardize the future of the Economic and Monetary Union (EMU), because for years Greece has been accumulating more debt than other Euro zone member states. Could, indeed the Greek financial crisis be the straw which breaks the camel' s back with respect to the Euro and the currency union of the European Union?

Orthomol Immun Junior Сила иммунитета на страже Вашего ребенка Orthomol Immun Junior Сила иммунитета на страже Вашего ребенка

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Oil of Russia

Thus, 606 million tons of oil were explored, or 20% more than were produced. Moreover, 23 trillion cubic feet (TCF) of natural gas were explored, which is also in excess of production. In addition, the stateБЂ™s annual income from mineral development parcel auctions in the period just ended [2009] has doubled to some 40 billion rubles. Trutnev also noted that the overall growth of Russian hydrocarbon resources in 2007 alone totaled 7.4 billion tons of coal equivalent (TCE), or 2.4 times more than in 2004, when this indicator stood at 3.1 billion tons. The growth in Category C14 oil reserves just on the Yamal Peninsula was 64 million tons, double the 2006 figure, and gas reserves increased there by 9.8 TCF, 26% more than the prior year. Mineral license income to the state increased 12-fold, and mineral production taxes increased sixfold. Expanded replacement of reserves for the most important types of minerals was assured. Despite the present financial crisis, the Ministry of Natural Resources and Ecology managed to defend the funding of subsurface geologic studies necessary to sustain growth rates in 2010 ...»

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