Reviews Possible bankruptcy of Evergrand: The impact for the euro zone "would be limited", according to Christine Lagarde

14:45  24 september  2021
14:45  24 september  2021 Source:   leparisien.fr

euro: dolberg torpedoes the Welsh and sends the Danes in quarters

 euro: dolberg torpedoes the Welsh and sends the Danes in quarters © Olaf Kraak The Danish striker Kasper Dolberg exults after his 2nd goal at the 8th of the final of the euro against the Wales, in Amsterdam, 26 June 2021 The attacker of Nice Kasper Dolberg put to the torment of Wales and scored a double that sent Denmark, seductive outsider from the euro and wide winner 4 to 0, quarterfinals, Saturday in Amsterdam .

Le Parisien © provided by the Parisian the Parisian

probably limited consequences. The President of the European Central Bank, Christine Lagarde, relativised, this Friday, the impact that would have for the euro zone a possible bankruptcy of the Chinese real estate ultra-indebted Evergrand .

"I have very lively memories of the latest stock market developments in China who have affected the world", but "in Europe and in the euro area in particular, direct exposure would be limited," said La Française When in an interview given to the CNBC string.

"For the moment, what we see is an impact and an exhibition centered on China," she added, while the ECB is closely observing the situation, given the interconnection of the financial markets on the planet.

euro: having missed the goal of equalization facing England "does a dog pain" in Müller

 euro: having missed the goal of equalization facing England © Frank Augstein The German striker Thomas Müller at the eighth final of the Euro 2020 against the England at Wembley, June 29, 2021. have missed a huge opportunity to equalize against England on Tuesday during the eighths of the euro "does a dog pain," entrusted Wednesday Thomas Müller, while the Germany experienced a new failure after early elimination at the Mondial-2018.

260 billion euros of debt

video: Christine Lagarde judge «temporary» The current thrust of inflation in euro zone (le figaro)

the private conglomerate squirms under a debt 260 billion euros. A default could result in a sharp slowdown in building sectors in China and provoke turgas about global markets.

One time among the largest fortunes of China, the President of the Xu Jiayin Group pointed out this Wednesday evening that the group had to "make everything implemented to honor its commitments.

also interviewed the risk of persistent inflation in the euro zone, which exceeded the 2% target of the ECB in August over the medium term, Christine Lagarde said to expect "a return to much more Stability in the coming year " because" many of the causes of rising prices are temporary ".

"It has a lot to see with energy prices ," she said, the other key temporary effect being the increase in VAT in Germany, after the decline of 3 points applying on The second part of 2020 to support CVIV-19 pandemic consumption.

Euro zone: energy propels inflation at the highest since 2008 in September .
© Steve Buissinne The prices of gas, electricity and oil have increased throughout Europe. Prize - According to many experts, the current inflationary thrust is essentially linked to the outbreak of oil and gas prices and component shortages in the industry due to the outbreak of energy prices, The rate of inflation in zone EURO jumped in September to 3.4% over one year, at the highest for 13 years, announced Eurostat, this Friday.

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