\nCapacitatea de concentrare a pie\u0163elor asupra unui subiect fiind \u00eens\u0103 scurt\u0103, tema zilei tinde s\u0103 devin\u0103 acum din nou economia european\u0103, iar presa financiar\u0103 american\u0103 occidental\u0103 re\u00eencepe s\u0103 vorbeasc\u0103 despre riscul ca obliga\u0163iunile \u0163\u0103rilor cu probleme din zona euro (Spania, Italia, Portugalia sau Grecia) s\u0103 intre iar\u0103\u015fi sub presiune – o perspectiv\u0103 de temut, pe care din toamna trecut\u0103 \u00eencoace numai angajamentul B\u0103ncii Centrale Europene de a cump\u0103ra nelimitat obliga\u0163iuni a \u00eendep\u0103rtat-o.<\/p>\n
\nCriticile b\u0103ncilor \u015fi ale marilor fonduri de investi\u0163ii la adresa BCE pe motiv c\u0103 nu relaxeaz\u0103 \u015fi mai mult politica monetar\u0103 \u00een sensul dorit de ele \u015fi previziunile bru\u015fte c\u0103 ar urma o nou\u0103 recesiune global\u0103 s-au \u00eenmul\u0163it \u00eens\u0103 \u00een ultima vreme, chiar dac\u0103 exist\u0103 \u015fi voci corecte de genul celei a B\u0103ncii Angliei, care acuz\u0103 o bul\u0103 speculativ\u0103 mondial\u0103 creat\u0103 de marile b\u0103nci centrale prin programele de cump\u0103rare continu\u0103 de obliga\u0163iuni, convenabile pentru investitori, dar ineficiente pentru stimularea economiei reale.<\/p>\n
\nUltimele date privind economia zonei euro nu arat\u0103 deloc bine – ocuparea for\u0163ei de munc\u0103 a sc\u0103zut cu 0,5% \u00een T1, ating\u00e2nd cel mai sc\u0103zut nivel din ultimii \u015fapte ani, iar num\u0103rul \u015fomerilor a ajuns la 19,4 milioane, \u00een condi\u0163iile \u00een care guvernele continu\u0103 eforturile de austeritate bugetar\u0103.<\/p>\n
\nLiderii UE sunt a\u015ftepta\u0163i s\u0103 convin\u0103 asupra unor m\u0103suri de stimulare a economiei la summitul din 27-28 iunie, \u00eens\u0103 mai \u00eent\u00e2i trebuie s\u0103 se pun\u0103 de acord asupra regulilor de folosire a fondurilor din bugetul european de c\u0103tre statele membre, component\u0103 esen\u0163ial\u0103 a eforturilor de redresare economic\u0103 \u015fi asupra c\u0103rora exist\u0103 \u00een continuare divergen\u0163e (e vorba de flexibilitate mai mare \u00een privin\u0163a statelor unde absorb\u0163ia \u015fi cheltuirea sumelor \u00eent\u00e2rzie sau a necesit\u0103\u0163ilor excep\u0163ionale, ca inunda\u0163iile sau criza din Cipru). Consiliul, Comisia \u015fi Parlamentul vor avea discu\u0163ii pe acest subiect la 18 iunie.<\/p>\n","protected":false},"excerpt":{"rendered":"
Amenin\u0163area nr. 1 pentru pie\u0163ele financiare – posibila reducere de c\u0103tre Rezerva Federal\u0103 a SUA a ritmului tiparni\u0163ei sale de bani – n-a dus numai la p\u0103r\u0103sirea \u00een mas\u0103 de c\u0103tre investitori a obliga\u0163iunilor emise de pie\u0163ele emergente \u015fi a monedelor acestora, ci \u015fi la punerea temporar\u0103 \u00een parantez\u0103 a situa\u0163iei din zona euro.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[7267,8830,182,7672,7633,16610,369,30419,8884,11256,13242],"class_list":["post-96315","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-banci","tag-bce","tag-criza","tag-fonduri-europene","tag-investitori","tag-monede","tag-obligatiuni","tag-pietele-financiare","tag-rezerva-federala","tag-somaj","tag-zona-euro"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/96315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96315"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/96315\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}