April 22, 2009

Enlargement of the Eurozone

MADRID .- Spain does not want to lose control of the inspection on the banks. In the debate on reform of financial supervision, which is discussed yesterday at the Council of Ministers of the European Union, the Deputy Prime Minister, Pedro Solbes called for the maintenance of the so-called micro-supervision, which includes banks, insurance companies and investment companies The N.I.R. who leads the Group in the hands of national authorities. 'I think the fund management heart of the inspection,' said the vice president, "must be maintained at the investment management national level, NYSE 'and stressed that the authorities closest to the entities are those that have a better investment portfolio understanding of business, according to' El Pais'. States of the Eurozone EU states that have undertaken, ultimately, the responsibility funds of joining the euro zone was held referendum on the euro (Denmark) EU states with an exclusion clause in the involvement of areas outside the Eurozone the EU using the euro area with an agreement outside stocks the EU using the euro without an agreement
The enlargement of the euro is now a policy of the European Central Bank, driven by the treaties of the European Union. who was interviewed regarding the investment strategies at his . The first was the expansion of Greece, investors whose currency has recently investment become irrevocably tied to the euro from 2001 onwards, however, Greece physically change its currency on 1 January 2002, the same day that the founding members. Subsequent expansions were the incorporation of Slovenia to the eurozone on January 1, 2007, Cyprus and Malta on 1 January 2008 and Slovakia on January 1, 2009.
The entry of Slovakia into the eurozone ministers decided the Economy and Finance of the hedge funds European Union on July 8, 2008 .

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Apr 22, 2009 11:41:11 PM

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