亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线

Home / International / News Tools: Save | Print | E-mail | Most Read | Comment
Financial turmoil to cloud EU summit
Adjust font size:

Financial turmoil will top the agenda when leaders from the European Union (EU) member states gather in Brussels for their annual spring summit later this week.

Six months after European financial markets were victimized by the US sub-prime mortgage market crisis, EU leaders were tasked to find a way out of the persistent turbulence, which has become a major downside risk to the economy of the 27-nation bloc.

In summer 2007, European financial markets experienced a sudden and turbulent re-assessment of risk by investors, as the default rate on US sub-prime mortgage loans increased significantly.

Since the financial markets across the Atlantic are deeply intertwined and interdependent, sub-prime losses in the US quickly transmitted themselves via the securitization and credit derivative markets to many corners of Europe and the rest of the world.

Many European financial institutions, including some big names like UBS, Credit Suisse and Fortis, suffered huge losses resulting from mortgage-related investments.

It was estimated that world financial institutions have so far registered a total loss of 215 billion US dollars related to the US sub-prime mortgage crisis. Europe was the second biggest victim after the US, with an estimated loss of 78.5 billion US dollars.

However, the list of European banks afflicted by the crumbling US housing market is still growing. Such uncertainty made financial institutions reluctant to lend, resulting in credit squeeze, which forced the central banks to pump large quantities of liquidity to the banking sector.

The problems have spread to other segments of the financial system, such as commercial real estate securities, bond insurers and highly leveraged private equity loans, which banks continue holding, given the lack of outside investor interest for buying them.

1   2   3    


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Impact of subprime on China limited
- US subprime crisis has limited impact on China's economy
- US subprime crisis casts a shadow on China's exports
- Sharp drop in jobs suggests US economy in recession
Most Viewed >>
- FM: Recent Tibetan monks' rally a deliberate plot
- The Human Rights Record of the United States in 2007
- Roundup: Foreign Minister meets journalists
- Fingers of 5 hostages delivered to US officials
- Spitzer steps down amid call-girl scandal
> Korean Nuclear Talks
> Reconstruction of Iraq
> Middle East Peace Process
> Iran Nuclear Issue
> 6th SCO Summit Meeting
Links
- China Development Gateway
- Foreign Ministry
- Network of East Asian Think-Tanks
- China-EU Association
- China-Africa Business Council
- China Foreign Affairs University
- University of International Relations
- Institute of World Economics & Politics
- Institute of Russian, East European & Central Asian Studies
- Institute of West Asian & African Studies
- Institute of Latin American Studies
- Institute of Asia-Pacific Studies
- Institute of Japanese Studies
    1. <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>
      <thead id="556nl"></thead>

      1. <em id="556nl"><tt id="556nl"></tt></em>
        <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>

        <ul id="556nl"><small id="556nl"></small></ul>
        1. <thead id="556nl"></thead>

          亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线 人妻无码久久影视 日韩久久久久久久久久久久 精品国产香蕉伊思人在线 无码国产手机在线a√片无灬 91在线视频无码