Monday, July 30, 2012

Brüderle urges money change of course Greece debt

Brüderle urges change of course from Athens

Video Brüderle: "Roesler says what everyone"
Video Poor outlook for Germany
Infographic Greece's debt - a comparison

(18.07.2012)
FDP chief Brüderle has requested Greece to change course. Athens would finally set the course for reform, he told ZDF television. "The key to solving the crisis lies in Athens," said Brüderle - and Economics Minister Rösler also took under his protection.
Greece had to finally comply with its commitments, Rainer Bruederle told ZDF television on Wednesday morning magazine. Germany's Economics Minister Philipp Rösler have expressed his doubts about the fulfillment of conditions by the Greek government saving only what was being discussed for a long time.
Brüderle: Germany is not unlimited load
"The decision as to what happens next is in Greece, in Athens. This is a sovereign state, which has also allowed the luxury to perform in the worst crisis of his country's two elections," said Brüderle. "That's their decision, but then they must also represent the consequences now."
Brüderle said that Europe is a €-exit Greece better equipped than two years ago. There was the rescue fund EFSF, and the broader bailout fund ESM was launched. "Greece has to know what it wants," warned Brüderle. It would eventually come to a clearing. The German government budget is in crisis is not unlimited load. The decision to show the rating agency Moody's, the outlook for Germany from "stable" to "negative" take back.

Sunday, July 29, 2012

The best financial return is to pay off debt money

"The best return is to pay off debts'
Hermann-Josef Tenhagen, chief editor of "financial test" over investment strategies in crisis

- Europe is mired in economic crisis. The rating agency Moody's threatens to downgrade Germany, the markets are nervous, investors have lost confidence. But you should stay calm and allocate their money in safe investments and equity funds, advises Hermann-Josef Tenhagen, editor of "financial test". Eva Lindner spoke to him about investment strategies, from when it pays off to invest in real estate, and whether it makes sense to stash cash at home.

Berliner Morgenpost:

Mr. Tenhagen, if you currently have available 100,000 euros, what would you do with the money? Spend or invest?

Hermann-Josef Tenhagen:

I would not spend it. As I investing depends on how long I have it available. In any case, it is important to spread the money. If I did not need the next ten years, I would invest 70 percent of the money in fixed deposit for three years. Among the banks that perform well at the moment with us, I get 3.25 percent interest. The remaining 30 percent of the money I would invest in the best equity fund with an admixture emerging markets. Our tests have shown that in recent years have brought higher returns at comparable risk. For smaller sums of 10,000 or 25,000 € is basically the same.

Many people are unsure whether an investment is not promising at all. If you currently do not more of it to go on a world tour with his money?