Thu, 12 Apr 2012 10:01:00 +0400
Spanish government is putting every effort to reduce expenditure budget, and it has been rather successful in doing so. To a great extent this is proved by preliminary results of European Commission about Spanish draft budget. The Commission has concluded that Madrid does not need help of Eurozone Stability Fund.
That is why when Italian Prime Minister Mario Monti claimed Madrid to be the source of new wave of European debt crisis, the head of Spanish government Mariano Rajoy strongly suggested choosing expressions when referring to his country. At the same time, he claimed about his hopes about European Union and ECB support in implementing reforms in Spain .
EURUSD currency pair continues wave "С" h1 up at FOREX market after its correctional wave level has risen. 1.3167-1.3181 range, according to the System of Early Prediction Sub-department of Masterforex-V Trading Academy, may be regarded the target of the uptrend.
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According to the results of the recent trading contest conducted by pro-rebare.com during the period of September 1st through 30th, Masterforex-V Club investors chosen 5 new managing traders and decided trust them with newly-opened investment accounts in order to manage those funds. Let’s take a closer look at those guys.
The Eurozone is reported to have imposed 6-month duties on the import of steel products from China. This way the local authorities are trying to defend the Eurozone’s steel industry, which is currently suffering from overproduction.