the debt crisis in Europe is very sensitive.

The euro, investors any possible solutions to the debt crisis in Europe is very sensitive. EU summit yesterday hastily, this EU summit has three major issues, which have reached agreement to expand EFSF, while Greek debt by total capital restructuring and banking issues have reached a basic agreement. More after the finance ministers' meeting in November will do on the discussion. Four times the leverage of the euro area will EFSF to 1 billion Euro. Beijing this morning banks have basically agreed to write down 50%, boosting the euro rose sharply. The restructuring of the banking capital, countries have reached 9% capital adequacy ratio of a consensus. EU summit, however, these agreements are not reached will be able to solve the problem of the euro zone out? The answer is no, the use of leveraged debt to solve the enormous problems there will be serious consequences, fear of triggering a new crisis. After the publication of the draft statement in the euro area, euro dollar briefly rose. In addition, Asian countries will provide financial support for the euro area, the Asian countries to ease the debt crisis in Europe to boost the euro support is the most important factor.

the debt crisis in Europe is very sensitive.