This will give the government some breathing space and bring short-term relief to the market. Although we still have to find out what deals were made to bring about this vote, the zloty will rally on this news.
More Quotes from Lars Christensen:
We see a substantial risk of a financial crisis as an integral part of an Icelandic 2006-2007 recession. The funding squeeze of the banks will probably force them to reduce lending to domestic players, and force a sell off of external assets.Lars Christensen
That's a very strong argument for reducing holdings out of Poland and politics might be the trigger.
Lars Christensen
The central bank is much more likely to tolerate a strong currency because of inflation. The market is speculating the koruna will gain.
Lars Christensen
We're still concerned, however, about the imbalances in the economy, but it's positive that the central bank is reacting.
Lars Christensen
In a low-yield environment, there was a lot of interest in high-yield markets such as the Icelandic. But with yields on the rise in Europe and the U.S., we want to see a lot more quality before we feel comfortable investing, as high yields alone are no longer enough.
Lars Christensen
People want to have an experience when they take a shower. They want to enjoy themselves in a standing spa. But they don't have the time to lay in a whirlpool for a half-hour.
Lars Christensen
Readers Who Like This Quotation Also Like:
Based on Topics: Breathing Quotes, Government Quotes, Media & News QuotesBased on Keywords: zloty
And in nineteen seventy two I almost wasn't, on the team, but I knew about it just before Olympic Games for three months before this why this is was not very good for me. I'd been ready to go, you know.
Olga Korbut
The heart of our relationship, this natural environment that has blessed us really all along the west coast of North America, on both sides of the border we've realized that this incredible natural wealth comes with a price.
Dan Miller
Each one of us had a little story to tell and each recording was based on that. Lou played all of the music but we both sort of kicked around some cords during the writing phase.
Phil Harris