OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» UFO NEWS ~ Multiple UFOs spotted in the sky of Adelaide South Australia plus MORE
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyToday at 6:17 pm by PurpleSkyz

» Breaking: China's Zhurong Rover Has Successfully Landed on Mars
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyToday at 3:24 pm by PurpleSkyz

» Our Weird Dreams May Help Us Make Sense of Reality, AI-Inspired Theory Suggests
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyToday at 3:21 pm by PurpleSkyz

» 4 More MAGNET Videos
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyToday at 3:11 pm by PurpleSkyz

» Delta CEO Tells New Employees: ‘Get the Vaccine or Your Ass Is FIRED’
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyToday at 3:05 pm by PurpleSkyz

» CDC Stats through May 10th, 2021
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyToday at 11:22 am by PurpleSkyz

» The CDC’s Ever-Shifting Advice
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyToday at 11:07 am by PurpleSkyz

» EUDRA Adverse Reaction Stats Though May 8th, 2021
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyToday at 10:54 am by PurpleSkyz

» The Death of Common Sense
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyYesterday at 9:24 am by PurpleSkyz

» Drone caught SOMETHING you won't believe
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyYesterday at 9:19 am by PurpleSkyz

» Lost Einstein letter links physics and biology
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyYesterday at 9:04 am by PurpleSkyz

» Mysterious attacks more common than realized
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyYesterday at 9:00 am by PurpleSkyz

» Why Are Gates & Pentagon Releasing GMO Mosquitoes in Florida Keys?
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyYesterday at 8:51 am by PurpleSkyz

» According to Merriam-Webster 79% of you are now considered ‘Anti-Vaxxers’
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyYesterday at 8:43 am by PurpleSkyz

» Snopes says this is fake but here is a video showing the MAGNET thing happening.
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyYesterday at 8:36 am by PurpleSkyz

» President Xiden Hacked the Pipeline lol
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyYesterday at 8:15 am by PurpleSkyz

» Interview with Charlie Wards Son
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyThu May 13, 2021 7:13 pm by PurpleSkyz

» About That Gas Thing...
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyThu May 13, 2021 6:41 pm by PurpleSkyz

» Fatalities Climbing
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyThu May 13, 2021 12:18 pm by PurpleSkyz

» FULL (OF IT) Benjamin bla bla blah Fulford - 5/10/2021 - Without a Moral Compass the West Cannot Win
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyThu May 13, 2021 11:04 am by PurpleSkyz

» Eat These 7 Mushrooms to Live Longer
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyThu May 13, 2021 10:59 am by PurpleSkyz

» Maricopa County Elections Officials DELETED ENTIRE DATABASE from Voting Machines
Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  EmptyThu May 13, 2021 10:54 am by PurpleSkyz

You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » GOVERNMENT & THE NEW WORLD ORDER » Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%

Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%

Go down  Message [Page 1 of 1]

godsfool713

godsfool713
http://beforeitsnews.com/story/2151/657/Spanish_Withdraw_1_Billion_Euros_French_Govt_Slashes_Pay_By_30.html

Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%  Bankia


Reposted from the2012scenario.com
2012 MAY 17
Posted by Stephen Cook

Spanish Withdraw 1 Billion Euros! French Govt Slashes Pay By 30%

Stephen: It’s all happening in Europe today. I mean, we have long been told things would happen in the blink of a eye…

Following the Greeks withdrawing over 800 million Euro from their banks yesterday, the Spanish have grabbed their withdrawal slips, headed for their banks and started removing their money, too. Over 1 Billion Euro out already today.

Personally, I think they could be on to something. If everyone in the world withdrew all their money from the banks on one day, we would soon see some very big changes – and quickly. After all, the cabal-owned banks and moneymen caused this whole money schemozzle in the first place.

Meanwhile, proving that they have indeed voted in a more egalitarian regime, the new French President, Francois Hollande has slashed his government’s pay packets by 30 percent.

Run on Nationalised Spanish Bank Sees Customers Withdraw €1Billion… as French Government Slashes its Own Pay by 30%
By Daily Mail Reporter – May 17, 2012

tinyurl.com/7cmp8wc

• Shares in Bankia, Spain’s fourth largest bank, fall 27% after media reports

• Greece forms government, but will dissolve it tomorrow for new election

• Francois Hollande slashes pay to ‘highlight difference’ with Sarkozy

A €1billion run on a recently nationalised Spanish bank has sparked further fears that the 17-nation eurozone is about to implode.

European markets fell as fears of a continent-wide contagion from goverment-less Greece’s economic crisis also spread.

Shares in Bankia, Spain’s fourth biggest bank formed in 2010 through a merger of seven struggling regional savings institutions, today plummeted by 27 per cent.

The pan-European FTSE 300 index was down 0.9 per cent at 984.22 points by 10.26.am, close to a four-and-a-half-month low of 983.95 points reached yesterday.

Spain’s benchmark IBEX index fell nearly 2 per cent to its lowest level since mid-2003.

It came following a report in El Mundo newspaper that its customers had withdrawn more than €1billion from their accounts over the past week.

It added to losses incurred yesterday after the European Central Bank said it had stopped providing liquidity to some Greek banks because they had not been successfully recapitalised.

Greece is set to hold fresh elections on June 17 after voters rejected austerity measures imposed on it by the European Union and the International Monetary Fund, which has heightened fears it will have to leave the eurozone.

Investors are also worried by the possibility of contagion from a Greek exit from the euro spreading to other countries such as Spain or Italy.

‘It’s not Greece leaving the euro that is the major issue, it’s the domino effect,’ said John Bearman, chief investment officer at British firm Thomas Miller Investment, which manages roughly €3billion worth of assets.

Greece today held a swearing-in ceremony of Coalition of the Radical Left party leader Alexis Tsipras and former Prime Minister George Papandreou.

But their leadership will be short-lived, as their parliament will be dissolved tomorrow so they can arrange new elections.

Concerns over Spain were highlighted by data showing the country had slipped back into recession during the first quarter, while the country’s medium-term borrowing costs rose sharply during a bond auction.

Tensions within the European banking system were also exposed by the fact that key eurozone three-month bank-to-bank lending rates had edged higher today for the first time since the European Central Bank pumped in ultra-cheap, three-year funds in December.

Royal London Asset Management’s European equities fund manager Neil Wilkinson said he had reduced his exposure to financial stocks in recent weeks, as a result of the worsening European debt crisis.

Wilkinson, who manages around £425million worth of assets, said his portfolio was 70 per cent invested in northern European equities markets such as France, Germany, the Netherlands and Switzerland, with a small amount in Italy and Spain.

Wilkinson said he owned Italian bank Intesa and Spanish pharmaceuticals group Grifols, but was otherwise shying away from stocks in countries such as Portugal, Spain, Italy and Greece.

‘The selling pressure is going to continue,’ he said. News of the run came as France’s new President marked his first official day in the office by slashing his ministers’ pay by 30 per cent.

Francois Hollande’s new Socialist government said it was ‘setting an example’ with the symbolic move, aimed at drawing a clear distinction with the previous administration.

Nicolas Sarkozy, voted out of power earlier this month, famously hiked up his pay 170 per cent to €19,000 per month on taking office in 2007.

Senior ministers then said their first concern was tackling the European sovereign debt crisis – and promoting their new boss’s view of shifting the focus from austerity to growth.

Foreign Minister Laurent Fabius told news channel BFMTV: ‘The priority is to disentangle the crisis in Europe.

‘I am profoundly European but we need a different Europe, a Europe that is much more focused on jobs.’

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum