Price of gold news

The European Union is discussing collaboration with banks

European Parliament opens debate today. Union Bank on the euro zone. Are likely. Parliament to express concern that Union Bank of the euro zone. May cause a rift within the European Union (EU) member states and the EU. The euro zone members. And countries that are not members of the euro zone.

The euro zone members include 17 countries in the EU consists of 27 member countries of the EU 10 countries that are not members of the eurozone, including Bulgaria, the Czech Republic, Denmark, Hungary, แltewii, Lithuania, Poland, Romania, Sweden. and English.

The European Commission (EC) plan earlier this month that European Central Bank (ECB) should have the authority to supervise all commercial banks in the euro zone. Is the first step in the establishment of the Union Bank. Under this union. Government of the eurozone countries, including 17 countries in the euro zone banks to secure collaborators.

However, EU member states 10 countries outside the euro zone. Expressed concern that Their country will be affected indirectly by this plan. The 10 EU member countries can choose whether or not to participate in Union Bank. But many countries. Likely to choose not to participate in Union Bank. The UK will not join a union. I would say avoid openly criticizing this project. While other governments. Openly expressed concerns with this project.

The Union Bank It consists of three major steps: the first step in the process. ECB will monitor banks in the euro zone and voluntary participation in the program. The acting regulatory agencies of that country.

Step two. The establishment of a fund to be used to close down insolvent banks. And to pay the debts of the bank. The third step is the establishment of bank protection projects throughout the Union.

Greece’s strike

Greece paralyzed after turbulent transport union’s protest against fiscal austerity.

The airline suspended flights in Greece today. While the termination of service. The shops were well off. Hospital emergency departments are open only. While Greece come out and protest against fiscal austerity measures. It is a major work stoppage for the first time since the coalition government in June. York. Ago.

Expected that the work stoppage in protest will result in the Greece, thousands of people are marching in the streets to protest the measures to save the new criteria of the European Union (EU) and International Monetary Fund (IMF ).

“The new measure is unacceptable, unfair and would only make the crisis worse. We intend to fight until we win, “said Mr. Costa continued.
Six Americus government ADEDY union president said, “We urge all workers to join us in a march to protest against the policies of the group, Troy, NY”.

ADEDY union GSEE private sector union and workers are expected to join the protest today.

“The breaking of this work is only the beginning of our struggle,” said De La spin. Spa Noor ADEDY union said.

More than 3,000 police officers, which is usually 2 times the amount of security in central Athens. As police prepare for riots happened in last week’s rally. Which in those days. The protests have escalated into violence in Athens in July. Past May. The arson fire on protesters, shops and banks. Congress approved the bill to save.

Before the parade, which takes place today. They led Dock Naval Museum. And monuments closed. And the control of air travel has pushed to join the protest for three hours.

Union is not satisfied spending cuts worth almost 12 billion euros (1.555. Billion) over the next two years Greece has promised the EU and IMF support in order to get financial aid next year.

Expenditure is expected to reduce the majority of the reduction in wages, pension and benefits, which is offensive to the new wave of Greece stated that To save them having many difficulties. Greece and can not be changed for better.

MRB survey last week found that 90% believed that the Greek plan to cut costs is not justified. And burdening the poor. While the majority of Greece. Measures are expected to save more in the years ahead.

Price of gold Sep 27,12

Sep 27, 2012 – Gold and Silver Exchange Society of Hong Kong, China has announced that the price of gold on the open market, down 80 HK dollars at HK $ 16,270 / tael today.

Xinhua News Agency reported. The price is equivalent to 1,762.24 U.S. $ / troy ounce, down 8.66 U.S. dollars at the exchange rate of 1 U.S. dollar / Hong Kong dollar 7.75 today.

Price of gold Sep 26,12

Sep 26, 2012 – Gold and Silver Exchange Society of China announced that the price of gold at the Hong Kong market opened lower at HK $ 50 HK $ 16,340 / tael today.

Xinhua News Agency reported. The price is equivalent to 1,769.82 U.S. $ / troy ounce, down 5.42 U.S. dollars at the exchange rate of 1 U.S. dollar / Hong Kong dollar 7.75 today.