Good news offered by the Economist report Wednesday that banks in the Eurozone expected to relax the conditions for giving credit to businesses and households in the third quarter. This development arises from the survey that the European Central Bank (ECB) conducted among 118 banks in the region. The conditions of European banks in terms of their access to funding and liquidity position are helping to change the willingness of banks to lend. to generate funding for the economy and the recovery in external demand (mainly from the U.S. and China) are the key elements for the end of the recession and the beginning of economic growth in the eurozone.
Not so much what they can do European governments and the ECB as they can affect these two factors explain the strength with which the economic recovery will occur. Yet there are great expectations for 2010 as well but we were surprised by the depth of the recession, we do not have to miss a stronger recovery in the eurozone. Horacio Pozzo a Independent Investment History will show that the Fed helped prevent a Great Depression in 2008, but the radical steps he took along the way make it more vulnerable politically than it has been in decades. During its 96 year history, the U.S. Federal Reserve (Fed) has gone through a handful of moments of transformation. The current one, this is the time that individual investors should use to achieve financial independence. Paola Pecora here tells us the investment options that more than 4,000 Latin Americans are already taking advantage. Stop wasting time and learn to invest and become a PREMIUM investor now. Latinforme.com is the main source of financial information and independent opinion on American and global markets from a Latin American perspective. From our offices in Buenos Aires, Argentina, I approached the latest news and alerts to help you make gains regardless of the direction taken by the market.