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MessagePosté le: Mar 8 Mai - 07:36 (2018)    Sujet du message: Marc-Andre ter Stegen Deutschland Trikot Répondre en citant

ROME England World Cup Jerseys , May 8 (Xinhua) -- Head of Italy's securities watchdog agency Consob on Monday slammed the notion of an Italexit and the EU's bank bail-in rules alike.

In his seventh yearly speech to financial markets, Giuseppe Vegas said an Italexit "would be a shock to the entire eurozone" and place its very survival at risk.

"It would endanger the stability and proper functioning of the financial system," the Consob chief warned.

He spoke in the wake of Sunday's French electoral victory of liberal, pro-EU candidate Emmanuel Macron over rightwing, euro-skeptic contender Marine Le Pen, who campaigned on a Frexit platform.

In Italy England Soccer Jerseys , pro- and anti-EU parties are jockeying for position ahead of the next general election likely to be held in early 2018.

The current number one party is the populist euro-skeptic Five Star Movement, which calls for Italy to leave the eurozone and to go back to its old currency -- the Italian lira.

"The mere announcement of a return to the national currency would cause an immediate withdrawal of capital by international investors, such that it would gravely endanger Italy's capacity to refinance what is the world's third-highest public debt," said Vegas.

Italy's public debt stood at just over 2.2 trillion euros (2.4 trillion U.S. dollars) or 132.6 percent of gross domestic product in 2016, according to official statistics agency Istat.

Debt interest payments equaled 4 percent of GDP last year, Istat said.

On Monday Wayne Rooney World Cup Jersey , the spread between Italy's 10-year bond and its German counterpart closed upwards of 181.9 basis points (up from 175 points at Friday's close), with yields at 2.24 percent, according to Il Sole 24 Ore financial paper.

The higher the yield, the more public coffers -- and taxpayers -- have to disburse to pay investors back. The spread is an indicator of investor confidence in Italy -- the higher the spread, the lower the confidence.

Vegas went on to slam the EU's bank rescue rules -- the so-called Bank Recovery and Resolution Directive (BRRD), which was adopted by the EU in spring 2014 but only went into effect in Italy in January 2016.

The BRRD forbids unpopular taxpayer-funded bailouts until all other avenues have been exhausted and investors have been forced to take losses.

However BBRD rules have caused instability and undermined public trust in the banking system instead of their opposite Tom Heaton World Cup Jersey , intended effect, Vegas argued.

"At the stroke of a pen, (the BRRD) modified the nature of financial instruments, such as subordinated bonds," Vegas said.

"Low-risk products, held by many small savers Theo Walcott World Cup Jersey , were suddenly transformed into risky and inadequate ones," he said, urging more protections for small investors such as a state guarantee for investments up to 100,000 euros -- the same level of protection small account holders enjoy.

Decorations set to greet upcoming Belt and Road Forum in Beijing

140 sets of relics displayed on exhibition in Palace Museum

Mobile payment with Alipay, Wechat becomes new trend around world

Ceremony held to mark 72nd anniv. of victory during World War II in Paris

Chinese submersible explores turbidity current in South China Sea

Straw art gala held in E China's Shandong

Xinjiang Int'l Grand Bazaar held in Urumqi, NW China

8th China Peking Opera art festival to be held in Nanjing

HEFEI Ryan Bertrand World Cup Jersey , Dec. 18 (Xinhua) -- Chery Automobile has become the first Chinese automaker to have produced five million cars.

The five millionth, Chery's best-selling model Arrizo5, rolling off a production line on Friday capped a good year for the company in defiance of a market downturn.

Chery sold 50,540 vehicles in November, up 22.9 percent year on year. Its sales hit 252,439 in the first six months of 2015 Ross Barkley World Cup Jersey , up 17 percent from the same period last year.

China's total car sales rose only 1.4 percent in the first half.

Chery was founded in Wuhu of east China's Anhui Province in 1997. It took 10 years to produce its first million cars.

Over its history, the company has invested 30 billion yuan (4.6 billion U.S. dollars) in research and development, and has applied 7,308 national patents. It independently produces new-energy cars, engines and gearboxes.

It is now looking to the future as Chinese carmakers become less reliant on foreign partners and try to break into foreign markets.

"The next five yeas are a period of prime opportunity for Chinese automakers, as Internet technology combined with new energy solutions will bring a reshuffle to the world's auto industry Raheem Sterling World Cup Jersey ," said Chery Ceo Yin Tongyue.

A joint venture between Chery and the UK's Jaguar Land Rover produces Chery's self-developed models as well as China-made Land Rovers.

Chery has exported over 1.2 million vehicles to more than 80 countries and regions.

KABUL, Jan. 13 (Xinhua) -- Two suicide bombings which struck the eastern Nangarhar and southern Helmand provinces on Wednesday, have claimed 13 lives including four attackers in Afghanistan, officials said.

In the first violent bombing, which happened near Pakistan Consulate in Nangarhar's provincial capital Jalalabad, 120 km east of Afghan capital of Kabul Phil Jones World Cup Jersey , at 08:50 a.m. local time triggering gun battle, which lasted nearly four hours, leaving 10 people including three attackers dead, a police officer at the site of the blast said.

According to the official, one of the three militants involved in the bloody attack, blew himself up next to a police vehicle at nearby Pakistan Consulate in Jalalabad.

"One of the three terrorists approached a patrolling police vehicle and blew his suicide jacket up Phil Jagielka World Cup Jersey , killing himself and six others including four policemen aboard the car and two civilian passersby," the police officer told Xinhua, but refused to be identified, saying authorized officials would talk to media.

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