In the conference room of LVMH group headquarters, all the group decision-makers gathered around the conference table, one by one, their minds were confused, and their faces were gloomy, not knowing how to deal with Chairman and CEO Bernard? Arnault's question.

There is no way, the crisis came so quickly that everyone didn't react for a while, let alone the countermeasures. Moreover, despite LVMH's abundant capital, how can LVMH turn the tide on its own, with such a menacing situation, several times faster than the outbreak of the crisis in Greece?

Looking at these decision-makers below, one by one, their heads drooped and with a dark expression on their faces, Bernard? Arnault leaned back a little weakly, and said in a slightly low voice: "Everyone, our stock price has fallen by 20% in just thirty minutes, and our market value has evaporated by 7.4 billion euros at once, and we don't know what happened?" Are we going to sit here and die? ”

"Report, the stock price fell by another 5!"

Just in Bernard? As soon as Arno's voice fell, the secretary sitting next to him turned the office laptop in front of him to Bernard? Arno whispered.

Hearing the news, these decision-makers, who had just been chilling, changed their faces one by one, and they turned their heads to each other. To be honest, there are not many people sitting here at the moment who say they don't own LVMH shares.

At this moment, hearing that the stock price fell again, everyone could no longer sit still. In just 30 minutes, 7.4 billion euros have evaporated, and if it continues like this, it will not completely evaporate.

You know, these are real treasures!

Thinking of these instantaneous evaporation of wealth, these decision-makers are dripping blood in their hearts, you must know that there is their money in it! This is said to evaporate, and it is tantamount to cutting off their flesh.

It's just that, unlike those investors in the stock market, these people sitting in the conference room at the moment, although they see their wealth evaporating in an instant, it is impossible for them to follow the trend and sell their shares. You know, that's going to make things worse.

However, seeing the wealth in their hands shrinking, how could these people sit still?

Now, in front of Bernard? Arnault's face was in the conference room, and these people picked up their mobile phones and called out in a slightly panicked manner to inquire about the crisis.

It's just that after a phone call, I didn't hear any valuable news.

"Chairman, your message!" Just in Bernard? When Arno had nothing to do, the secretary sitting next to him said.

"No!" Bernard in a terrible mood? Arno didn't even think about it, so he directly refused.

"It's a telegram from the chairman of the Industrial Bank!" The secretary said.

Ga!

Hearing the call, it was actually the chairman of the Industrial Bank, Bernard? Arno almost didn't jump out of his chair. At that moment, I saw him stand up suddenly, take the telegram from the secretary's hand, and walk to the lounge next to the conference room.

"Nado, my friend, how did you remember to call me at this time?" Gently pressed the answer button, and when the phone was connected, Bernard? Arno said with some excitement.

"Bernard, my friend, you are knowingly asking, and the affairs of the LVMH group are now known to the whole world." On the other end of the phone, Nado, executive director of Industrial Bank, said.

"Nado, our share price has fallen by a full 25 percent, and the market value has evaporated by more than 10 billion euros in an instant." Hear Nadeau say that, Bernard? Arno couldn't help but grumble. …,

"Bernard, don't complain. Now, not only the stock market of France has plummeted, but also the stock market of the whole of Europe. Therefore, an emergency meeting is being held at the EU headquarters to decide whether to bail out the market. Nado said.

"Nado, my friend, is this true?" After hearing the news that the EU headquarters is holding a meeting to decide whether to bail out the market, Bernard? Arnault said excitedly.

You must know that the current economic crisis that started with the LVMH group and swept the whole of Europe is really not something that he can resist alone, a group, or even a country, and the EU must come forward.

Fortunately, the French government and the EU headquarters acted in a timely manner, and a meeting was held half a day after the crisis occurred.

"I believe that the EU headquarters, the French government and the governments of other EU member states will stand up as soon as possible and issue a joint statement on the bailout." Nado Road.

Listen to Nadeau, Bernard? Arnault immediately said: "Nado, my friend, your news is so timely, I will hold a press conference right away. Not only will I have to announce in advance the news of the upcoming bailout of the EU headquarters, but I will also publish the financial report and long-term development goals of our LVMH Group at the same time. ”

Bernard? Arnault's move is obviously to tell everyone and all consumers who use luxury goods under the LVMH group that the LVMH group is strong and cannot be defeated.

After hanging up the phone call from Nado, executive director of the Industrial Bank, Bernard ? Arno swept away the gloom and re-entered the conference room.

After walking into the meeting, don't wait to sit down, Bernard? Arnault said: "Everyone, the latest news, the EU and governments are holding an emergency meeting to decide whether to bail out the market. ”

"What? Rescue? Is this true? ”

"Bailout? That's just great! ”

While the LVMH group felt that the light was approaching because of the government's bailout, the EU banks were in turmoil. The shock caused by the French stock market instantly hit the entire European Union, and the EU's economy was shaky and crumbling.

"Rose, will the bailout pass this time? Last time, there was no consensus on whether to bail out Greece. ”

"Hopefully! This time the crisis came too suddenly. I don't think the Germans will be in the way this time! ”

In the European bank, two small employees also used their free time to talk about the crisis.

And within the EU banks, there is also a heated discussion about bailing out France.

"I think that this crisis is completely a continuation of the European debt crisis, and it is the French sovereignty fund that has gone wrong, so my country does not agree to an unconditional bailout." Sayre, Germany's permanent representative to the European Union Bank, was the first to stand up and express his country's views on bailing out France.

After the German representative finished speaking, before he could sit down, he saw the French representative Huo stand up at once and retorted sharply: "What? There is a problem with our country's sovereignty fund, please open your eyes and take a look, what is the situation of our French sovereignty fund? What the hell went wrong. But you, Germany, stood by and obstructed the crisis when Greece first broke out, causing the crisis to widen further. If Greece had been bailed out in the same way as Iceland and other countries had been bailed out, would there have been the ongoing outbreak of the crisis today? ”

Seeing the French representative's criticism of the country by name, the German representative sneered, stood up, looked very gentlemanly at the representatives of other countries who were whispering around him, and said: "Why did the crisis break out? The essential cause of this is the crisis caused by the government's debt burden exceeding its own capacity. In the final analysis, it is the problems of the governments themselves. Take Greece, for example! For many years, Greece has excessively raised the level of social welfare benefits such as wages and pensions, regardless of the actual economic situation of the country. The result? With the acceleration of the aging of the population, such measures not only bring huge financial pressure to the government, but also increase the unit labor cost, so that Greece is constantly at a disadvantage in the competition with low-cost countries in Asia, and the accumulation of government debt and external debt for a long time has led to rising government debt and external debt. ”…,

On this occasion, the representative of Germany further elaborated his country's views on the European debt crisis, and at the same time said: "If our country is asked to come up with money to bail out these countries, let alone whether our taxpayers agree or not, let's talk about the serious consequences of doing so." ”

"What consequences?" Not to be outdone, the representative of France asked.

With a sneer, the German representative Searle glanced at the representatives of other countries within the EU and said, "What consequences?" Do you think it's appropriate that such an unconditional bailout will only encourage profligacy in some countries, and we have to pay for them with taxpayers' money? ”

The words of the German representative immediately left the French representative speechless. At the same time, it also attracted the consent of representatives of countries within the EU that were less affected by the European debt crisis.

To be honest, such unconditional assistance is really unreasonable.

In fact, France has resolutely supported the rescue since the European debt crisis, while Germany has been vacillating left and right on the rescue issue, making the European debt crisis in a state of stalemate for a long time.

To put it bluntly, the decision to help countries in crisis depends largely on the attitudes of Germany and France.

Germany and France, on the other hand, have different starting points. The main reason is that French banks hold a significant amount of eurozone bonds, and if these countries default, France will lose very much.

As for Germany, the eurozone's largest economy, its strong economy for many years has been largely due to strict cost controls. In the 12 years since the euro began to become a unified currency, wages in Germany have risen slowly, leading to sluggish domestic consumption, but the deficit has been well controlled. As a result, it has been the least affected by the European debt crisis.

However, Germany has endured the pain of welfare cuts and long-term wage non-rise in recent years, and now it is asking them to save countries that enjoy high welfare and high wages, and its own people will obviously be unwilling. What's more, at this time, whoever dares to save the market unconditionally is afraid that whoever will step down. Therefore, in order to gain more popular support, the German government must take into account the voice of the people when making decisions.

Germany and France can be described as the engines of the European Union. However, it is really sad and ridiculous that the two countries are now in a dispute.

Regarding the internal competition of the Evenmeng Bank, Wei Zi, who was far away in Qincheng, knew everything clearly with the help of Lao Hei.

When Wei Zi saw the red face of the German and French representatives, he couldn't help but scold: "It's really dog eats dog, but I don't know that the reason why there is today's crisis is completely your own fault." ”

Speaking of this, Wei Zi paused and said, "Don't say that I am robbing while the fire is on, compared to the Yankees who single-handedly caused this crisis through Greece, I am much more merciful." ”

"As a result, LVMH's share price has continued to fall, with a drop of 10 percent. What are we going to do? Just as Wei Zi was watching the German and French representatives eat dogs, Er, who had been staring at the computer, suddenly shouted loudly...... ）

This OCR update is provided by Voyage