The European Debt Crisis Is Burning Up The Core Countries.

The ten - year bond yields in Spain and Italy are coming back again, which indicates an unsustainable theoretical red line of 7%, while the European Union is still fighting for the rescue package.

After worries about the European debt crisis, following the US capital, Asian funds also showed signs of withdrawing from the European market.

Up to now, there are two ways to solve the European debt crisis: one is the European Central Bank as the last lender; the other is the issuance of Euro bonds. The European Commission has changed its name to "stable bonds" on the 22 day in order to promote this plan.

"In the current policy trend, sovereign debt default and

With the debt crisis spreading to the core of the euro zone, Britain is also unable to sit still.

British Foreign Secretary Haig said at the 21 annual meeting of the British Industrial Federation (CBI) that the British Ministry of finance is "formulating the necessary contingency planning for the euro area".

An utterly inadequate measure

The honeymoon between Spain's new prime minister and market investors is too short, in November 22nd, three months of Spain.

HSBC strategist Jha (Madhur)

Jha said Spain is racing against the clock to avoid becoming the fourth member of the euro zone to accept financial assistance.

He warned that "the past few weeks have shown that the window of opportunity is closing rapidly."

With European banks withdrawing external investment, the Eastern European economy, which has a strong dependence on external capital, has also begun to become too short.

Hungary, the first to be knocked down, is now waiting for the European Union and IMF to respond to its request for 40 billion euros in aid.

Interlocking.

The latest analyst report from Royal Bank of Scotland suggests that investors should quickly sell Holland and Austria bonds.

France is still the country that needs to pay the highest borrowing cost in the AAA club. The yield on the ten - year treasury bond is 3.56%, which is 3.53% higher than that in Austria.

"The sovereign debt crisis has intensified again and is now spreading from the periphery to other countries, including the so-called core countries, which is a new phenomenon."

On November 21st, Stark, executive director of the European Central Bank (Jurgen)

Stark, the International Research Institute in Dublin, said, "the euro area needs a new acronym to replace PIGS (Portugal, Ireland, Greece and Spain).

I suggest EEGs (Everyone Except Germany). "

On the 22 day, IMF was launched as a new borrowing tool designed for western, Italian and other countries to counter the spread of the debt crisis.

IMF will allow borrowing 5 times as much as the country's share of IMF, which infer that Italy can get 45 billion 500 million euros from IMF and Spain can get 23 billion 300 million euros, which is still a drop in the bucket for the debt scale of the two countries.

Britain hopes to revive exports and "save themselves"

On the 23 day, the Bank of England announced the results of a systematic two year risk survey: 68 banks, insurance companies and hedge funds surveyed believe that Britain is facing the biggest financial crisis risk since the collapse of Tyulyman brothers in 2008.

Even in the eurozone, Britain is deeply affected by the euro zone debt crisis. The eurozone crisis has caused the UK capital market to be on the brink of a dry spell.

The debt crisis has weakened market confidence, coupled with banks' reluctance to lend, resulting in liquidity depletion.

"Enterprises do not have no money, but have no confidence to make investment decisions."

CBI director general John Cridland told reporters.

The downturn in investment and the continued downturns in the economic outlook also make it difficult for the British government to complete the target of deficit reduction on schedule.

At the CBI meeting, Cameron admitted that he was far behind the deficit reduction level he needed to achieve.

This could mean that the British coalition government could not achieve its goal of deficit reduction in 2014-2015 years.

On the 29 th of this month, the British Chancellor of the exchequer will issue an autumn statement. It is expected to introduce a "new large-scale credit easing plan", injecting billions of pounds to reduce the cost of loans for small and medium enterprises.

At the same time, the next stage of the national infrastructure construction plan and housing construction plan will be launched.

John

Cridland recommends that British businessmen actively participate in the great opportunities brought by the fastest growing economies in the next ten years.

Over the past ten years, Britain's share of global exports has dropped from 5.3% to 4.1%.

The joint survey concluded that British exporters failed to give full play to BRICs and other emerging markets such as Indonesia, Mexico, South Korea and Turkey.

CBI appealed to the British government to set up a ten year export promotion plan, which once again made Britain a net exporter of goods and services, and raised exports to BRICs from 4% to 11%.