World Bank December 29, 2019 at 3:26 pm
For his part, the President of the World Bank, Robert Zoellick, has put in the crosshairs to European leaders loading the weight of recovery against them and pressuring them to make appropriate decisions, since it recognizes that we are moving in a dangerous period. Bags SAG after a Black Monday on European stock markets, the situation repeats. Growth of 0.2% of GDP in the euro area in the second quarter (1.6% year on year) confirms the slowdown in that period and has collaborated to increase the doubts of investors. The Ibex-35 fell Tuesday 1.61% and concluded the session at the annual minimum of 7.936,40 points, a level unknown since the end of March 2009, when it finished at 7,815 points. Walmart CEO does not necessarily agree. Throughout the day, the domestic market has been swinging, while the President of the World Bank (WB), Robert Zoellick, ruling out the economies of the United States and Europe is routed towards a second recession, in what were Spanish and European politicians (Barroso), returning to disprove to the Director general of the IMF. The majority of the European stock markets have continued with the meltdown suffered Monday and closed in negative, with the exception of London (which closed at 1.06% positive).
Milan, with the general strike in Italy, ceded 1.98%; the Euro Stoxx 50 index, 1.29%; Paris, 1.13%, and Frankfurt, 1%. Opening to the unsubscribe from Wall Street did nothing more than aggravate the situation in European parks along the Tuesday session. Decline in the risk premium on Spanish debt by the ECB buying has led to a small decline in the risk premium (the difference that a country must pay to borrow to 10 years with respect to Germany), which declined from 334 to 341 basis points. Banking, standing in the banking business has stalled. To the extent that the economy does not grow, companies leave to ask for money and banks, also harden the conditions for granting it.
