Chapter 290: The European Consortium (3)

Paulson and others didn't take the news from Zhongshi seriously. Because it was already evening in Europe at this time, the major trading institutions had already entered the break. The second is that Paulson and others believe that even if they can't get the euro from European consortiums, they can still get enough money from American and Asian institutions.

"Zhong Sheng, do you want to take a break?"

Looking at Zhong Shi, who was leaning against the window and smoking silently, Jiang Shan silently handed over a cup of black coffee and kindly suggested, "You haven't rested for a day and a night!" ”

"Can't sleep!"

Zhong Shi came back to his senses, stared at Jiangshan stunned for a moment with bloodshot eyes, and only after a while did he suddenly realize, Mu Ran's face barely squeezed out a smile, took the coffee and said, "Is there any news from the European side?" ”

He was greeted by Jiang Shan's slight shake.

"It doesn't make sense!"

Zhong Shi poured all the coffee in one gulp, and the bitter taste lifted his spirits, "These European consortia are very closely connected with the government, and if they hadn't received the news before, it would have been impossible to have such a big deal in the euro market." ”

"This ......"

Jiang Shan didn't agree with Zhong Shi's idea, lowered his head and pondered for a long time, he mustered up the courage to ask, "Zhong Sheng, are you thinking too much, I don't think it's possible, right?" ”

"No, I have a gut feeling that it's highly likely!"

Zhong Shi's face suddenly became solemn and serious, "They are not a charitable organization, and it is absolutely impossible for them to tolerate such a loss in trading." Without the impact of follow-up news, it would have been absolutely impossible for these greedy guys to eat so many euros. ”

"Do you know what is most important to Europe as a whole so far?"

Pulling out another cigarette, Zhong Shichang took a puff, and then asked Jiang Shan leisurely.

"Euros?"

The corners of Jiang Shan's mouth twitched slightly. replied a little uncertainly.

"Yes, it's the euro!"

Holding the cigarette in his hand, he lit the country, and Zhong Shi said approvingly, "Germany and France and other countries know very well that the core part of the whole of Europe is the euro, which is the wealth of the whole of Europe. One thing is for sure. Even if one or two countries, such as Greece, go bankrupt, the eurozone's core countries will not be willing to let the debt crisis affect the euro. ”

"So this time Germany intervened, in essence, to maintain the stability of the euro. However, it is a pity that because of internal disharmony, they ignored the feelings of other countries with good intentions, which caused this crisis of the euro. But what will happen next, it is clear that the leaders of the eurozone countries will soon consult on this event and find a solution that suits the majority. So. The external factors that contributed to the fall of the euro are gone, and the euro will certainly rebound at that time. ”

"That's why I'm doing day trading, because I really don't know when and at what pace the eurozone countries will come to an agreement. All we can do is to get a good deal out of the market before the major eurozone countries reach an agreement. ”

"If that's the case......"

After listening to Zhong Shi's analysis, Jiang Shan's face suddenly changed, "This can explain why European consortiums are buying euros in the market." And the reason for the reluctance to sell. ”

"I hope not!"

Zhong Shi sighed leisurely, "But in fact, there is a great possibility. The countries of the European Union have already focused on discussing Germany's 'ban on naked air', and the agreement may be reached in the next day or two. ”

Regarding Zhong Shi's speculation, Jiang Shan didn't speak for a long time, and he didn't know what to say.

……

"Gentlemen, do you have any objections to this?"

The six-hour discussion had already exhausted the eurozone finance ministers who were present. But the more they came to the end of the meeting, the more they had to brace themselves, because compromise had reached the most critical step, and the most important step.

Although Van Rompuy previously announced to the outside world that this meeting of EU finance ministers will not discuss the topic of Germany's "ban on naked short selling". However, not long after the meeting, the foreign ministers of France, Portugal, Spain, Italy and other countries jointly suggested that the "ban on naked short selling" should be included in the agenda of the meeting.

Naturally, this topic became one of the topics discussed by finance ministers and occupied most of the meeting.

"There is no doubt in France!"

France's finance minister, Christine Lagarde, is also a woman, she is not very old, only 54 years old this year, but she already has gray hair. This is a very strong woman, who started as a representative of the Minister of Foreign Trade as a representative of the Minister of Foreign Trade, and has progressed to the position of the French Minister of Finance, and is by far the longest-serving Minister of Finance in France.

France, as the two pillar countries, was the first to express its position, and other countries naturally no longer had any objections and expressed their positions one after another.

It can be said that Germany's order to "ban naked short selling" is aimed at hedge funds, so it has caused widespread discontent in New York and London. In contrast to this dissatisfaction, although many countries in the EU have expressed dissatisfaction, this dissatisfaction is due to the fact that the German authorities did not consult them in advance and did not inform the ECB, which made the finance ministers of various countries quite annoyed with Germany.

However, after thorough communication at the highest level, these finance ministers have to implement the will of the highest level today, that is, to reach a consensus and reconcile.

"In the future, before this proposal becomes EU law, countries have the right to make decisions on whether to restrict or not to restrict according to their own national conditions."

Van Rompuy was naturally very happy to be able to reach a consensus, and under the attention of many finance ministers, he briefly repeated the agreements reached by various countries, "At the same time, countries will send relevant personnel to assist the EU in drafting and strengthening relevant regulations on the management of hedge funds." Ladies and gentlemen, is that so? ”

"Yes!"

This time, the German side also nodded in agreement, which means that in the eurozone, there is a unified consensus to ban naked short selling.

"Okay, next topic!"

Van Rompuy nodded in satisfaction and continued, "The Bank of England has applied to the European Council. I want to join the European rescue mechanism. This follows their previous refusal to join the European Rescue Mechanism. Ladies and gentlemen, what do you mean? ”

Half a month ago, Britain had strongly stated that it would not join the 750 billion euro rescue mechanism. The move provoked a backlash from other European countries, with some even saying that Britain was on the brink of a debt crisis. But if the UK speaks out about its debt crisis, the EU will sit on the sidelines.

After an urgent investigation and mapping of the country's financial situation, the UK found that the situation was not as happy as they thought, and in this case they resolutely chose to reverse their way and once again extended an olive branch to the EU.

This kind of backsliding may make ordinary people feel very disgraceful, but this is the case in negotiations between countries, not on morality but on interests, so this kind of behavior of Britain did not surprise those present.

"If they want to get on board, what's the price?"

Lagarde snorted and sneered twice. In her shrill voice, she questioned, "After we have formed a rescue mechanism and each country has set a corresponding amount, they have to propose to join this rescue mechanism, I want to ask them what they want to do, do they plan to enjoy the existing rights without paying?" ”

"It's not impossible to join, but in terms of the amount, we need to discuss it well!"

The German finance minister followed suit. "On this number, we must reach a consensus."

Nature. The implication is to put pressure on Britain as a whole, after all, such an opportunity is really rare.

Hearing this, the face of the British finance minister attending the meeting immediately darkened, and his lips curled for a long time, wanting to say something, but he still forced himself to endure it.

France and Germany have made statements one after another. Basically, it set the tone for the subsequent statements. Immediately afterwards, Italy, Spain and other countries said that they should implement some punitive measures against Britain's previous practice of abandoning other countries, otherwise it is not necessarily a good thing to join this detached partner.

"Prime Minister Brown before I came. It has been proposed that parliament allocate a portion of the funds as a reserve for the euro bailout mechanism, which is expected to be approved soon. ”

The British finance minister had to stand up and say, "The figure I can reveal is that this money is larger than the amount allocated to us by the EU before." The extra part is our sincerity. ”

After a thorough survey of the financial system, the British Prime Minister was shocked to find that the British financial system has no way to resist the debt crisis on its own, and if the debt crisis does occur and the EU sits idly by, the pound is very likely to collapse and repeat the scene of 92. Weighing left and right, Britain had to pinch its nose and choose to join the euro bailout mechanism here.

Naturally, they had to endure the "blackmail" of other European countries.

"Twenty percent is our bottom limit!"

As soon as his words fell, Lagarde raised two fingers and said to the British finance minister with a blank face, "This is the consequence of punishing Britain inconsistently." ”

She deserves to be a ruthless character, and as soon as she opened her mouth, she added 20% of the share to the UK, which is tens of billions of euros.

Not long ago, the United Kingdom passed a £6 billion reduction in fiscal austerity. Compared to this plan to cut fiscal spending, Britain will have to pay more for rejoining the EU.

"Yicheng, no more!"

The British Minister of Finance finally couldn't help it, and stretched out a finger at Lagarde, "This is our bottom line, and we are already very sincere." ”

"No, the number of 20% can't be changed!"

Lagarde immediately retorted, "Otherwise, when there is a crisis in Britain, let you solve it yourself!" ”

It must be said that Britain's repeated attitude proves at least one point, that is, if there is a crisis, England will not be able to solve the problem on its own. Everyone here knows this.

This is also the confidence of Lagarde's insistence on more than 20% of the share.

"So, there's no talk about it?"

The British Treasurer's pupils shrank instantly, and his face became unkind, and after staring at Lagarde coldly for a long time, he suddenly smiled and asked the German Finance Minister, "What about Germany?" I don't know what your opinion is? ”

"Half of them!"

The German finance minister, who had not spoken, glanced at the two people who were facing each other, and said slowly for a long time, "The two sides will make a compromise, and the British side will increase its share by one and a half on the basis of the original discussion, so that everyone will be happy, how about it?" ”

"You ......"

I didn't expect that at this time, Germany would choose to go against the grain, Lagarde was so angry that she almost got up, but as soon as she saw the other party's calm and relaxed posture, she suddenly realized something, and immediately said coldly, "So, London has already ventilated with Berlin?" ”

"Not bad!"

The German finance minister had no intention of denying it at all, and admitted directly, "It has been discussed not only with us, but also with Rome, Madrid, Lisbon, etc." (To be continued.) )

PS: Thank you very much for the monthly pass of the book friend Dragon Soul - Xingchen and the heavy reward! Thank you to book friends Ziwu, nuts, and JFS810 for voting for the monthly pass! It's not easy to write these days, but fortunately I rushed out before ten o'clock, I hope more book friends can actively support, everyone's support is the author's biggest motivation, thank you very much!