Speaking of which, Lalande with the action of a belt-tightening.
Some people say, early 2010, Greece's debt problems can use the € 50 billion to settle, unfortunately did not solve; early 2011 World Pipe network informed, it was said the debt crisis in Europe with 500 billion to quell. But to the end of 2011, the crisis is spreading towards the core of the euro area member states including the Netherlands and France.
Nowadays in some European resorts, the long tail of the French folk-style sound such as linger on the 3rd, lingering without a break, this seems just as lasted for two years since the dust yet the debt crisis in Europe ...
French overseas province of Reunion Province Governor Mike Lalande said, if the region province is equivalent to the heart, then France's central financial situation, the heart of the province of the blood supply in the region:
Mike Lalande: For example, the French government treasury income to reduce the impact will certainly place, because the local rely on the inputs of the French government. How to speak, even if from an executive order really to reduce the input, but since the poor economic situation we all have to tighten their belts.
Treasury revenues to reduce the French government to tighten their belts
Recently, the French bank's liquidity predicament market pinch to sweat. French government coffers clearly is tightening, while France has the largest share of European countries bonds. In this context, the 26 regions World Pipe network informed, 100 provinces of France for local financial transfusion still be able to maintain adequate?
One side is thick "real situation" is not bad money is not bad the wisdom of the euro area, the other side of the European debt situation is deteriorating. This paradox implied by how the underlying causes?
Today, the European sovereign debt crisis continues to spread over the euro-zone countries from Greece to Ireland, Portugal, Spain, followed by the Italian bond yields high storm coerced under, until, as the euro zone's second-largest economy. France, body surfing posture swept the meantime.
Lasted 2 years of debt crisis in Europe since the dust yet