欧债危机(英文)

• Avoid walking on government-led investment to pull move model economy development mode • Attach great importance to the real estate market fluctuation due to the system risk • Objective assessment of extemal debt and local goveronment debt capacity
Influence
Slow the global economic recovery pace The European finacial market will be turbulence Caused by the multiple influence on China’s economy
Reflection : How about China?
EURO DEBT CRISIS
GROUP MEMBER: Dong Cheng Chen Yiming Lu Di Chen Jun Tian Ganzhi
BEGINNING SPREAD INTERNAL FACTOR ESCALATION INFLUENCE
Beginning
• The Greek public paraded.
-8.00%
-5.00%
-2.00%
马斯特里赫特条约规定红线 (警戒线3%)
升级
On March 3,2010,Greek named fiscal austerity programme. On April 23,Greece formal request to assistance
On May 10,EU and IMF provide 750 billion euro On May 28,Spanish sovereignty rating
Spread
European housing property prices fell In volume, Irish housing turnover shrank 30%, Spainlessen15%, Portugal reduce 14%, Germany's real estate volumes are also shrank by 9%.
百度文库
Ireland Greece Spain Portugal France Slovakia The European average Cyprus Belgium Slovenia Holland Italy Malta Austria Germany
-20.00% -17.00% -14.00% -11.00%
开端
• More than 400 Greek bulk carriers ships for Banks to tighten credit were sealed up. • Shipping industry to economic contribution went down from the original 7% to 1.2%
蔓延
The countries of the eurozone debt to GDP ratio (%) Luxemburg Slovakia Slovenia Finland Cyprus Holland Spain Malta Austria Germany France Ireland Portugal Belgium Italy greece 0 60 120 16.4 39.2 42.8 47.4 51.6 65.6 66.3 70.9 73.9 76.7 82.5 82.9 84.5 101.2 116.7 124.9
现在国际上一般认为政府债务占GDP的比重的 安全临界点是60％以下
In 2009the european public deficits to GDP ratio
-14.30% -13.60% -11.20% -9.40% -7.50% -6.80% -6.30% -6.10% -6.00% -5.50% -5.30% -5.30% -3.80% -3.40% -3.30% -2.20% -0.70% LuxemburgFinland
发展
Internal Factor
Monetary policy and fiscal policy are not unity
European integration brings the development of the economy of the small country Economic structural imbalance These countries in the Euro zone maintain social needed welfare costs exceed the national economy can deliver the bear ability
Thank you
BYE BYE