Chapter 852 Cannes G20 meeting (5)

On the day of November 2, the media across Europe mobilized, and at the same time launched a denunciation of the Padriou government. Although the Greek Parliament passed the review of this decision, France and Germany jointly threatened to delist Greece. The statement still greatly shocked the Papandreou authorities.

  This kind of pressure not only greatly stimulated the Greek authorities, but also the opposition parties jumped out to make trouble. They openly declared that the statement made by the Prime Minister’s Office did not conform to the facts, and their party did not oppose the new rescue plan of the EU and the IMF.

  At the same time, they also hinted that this approach of the ruling party is essentially shirking responsibility and pushing the entire country of Greece to the brink of breaking away from the euro zone and national bankruptcy. In this statement, they also stated that a vote of confidence in the current president will be launched in Congress to determine whether Papandreou can continue to serve as the Prime Minister of Greece.

  Under internal difficulties and external worries, the Papandreou government fell into a deep crisis for a while.

   But all this is not over here. Later, the French government and the German government jointly called out to let Papandreou rush to Cannes, France tomorrow to discuss issues about Greece.

Because their itinerary has already been arranged, it is impossible to shirk the G20 summit because of the Greek issue, so Papandreou can only sacrifice his itinerary and rush to Cannes to have an interview with them .

  Although doing so has the meaning of summoning, it is not in line with etiquette in diplomacy. But in this case, France and Germany can no longer take care of so much. Even if Greece has any dissatisfaction, it can only be put aside for the time being. After all, solving the problem is the most important thing now. It's a side issue, and it's not worth thinking about it at all.

   And on this day when the world was in chaos, Zhong Shi and Jiang Shan also came to Cannes.

  Cannes is a town in the south of France. It is located on the coast of the Alps, adjacent to the Mediterranean Sea. It has beautiful beaches and a pleasant climate. It is a famous European tourist destination and a social place for international celebrities.

  In addition to being a tourist attraction, another reason why Cannes is world-renowned is the film festival here. Initially, it was to fight against the Venice Film Festival. The Cannes Film Festival held in May every year has gradually become one of the largest film festivals in the world, and its highest award, the "Palme d'Or", has become a heavyweight award comparable to the Oscars.

  Today’s Cannes, in addition to tourism and culture, has gradually developed into a high-tech center. Among them, the Sophia Science and Technology Park, the largest science and technology park in Europe, is located around Cannes.

   "Life here is so leisurely!"

In the open-air restaurant by the sea, Zhong Shi enjoys the Cannes red wine stewed beef while blowing the sea breeze. , I go to the sea to bask in the sun from time to time, and after staying here for a long time, my body will become very good."

   "Yes, there are delicious food!"

Jiang Shan, who was struggling with salted and dried cod, replied without raising his head, but then complained, "The price of the hotel is too expensive. But if you can buy an apartment here, you can spend it here in your free time." False, it’s still pretty good.”

   "You can be content!"

Lu Hu, who had only eaten a few mouthfuls of pudding and eggs, wiped his mouth, smiled and said to Jiang Shan, "It's good here, but I don't think it's any different from Lamma Island. Maybe it's because you just saw this The scenery, so there is a fresh feeling, but I can guarantee that, in the eyes of the locals, these scenery are nothing more than ordinary scenery.”

  "The so-called travel, isn't it just to see the scenery that others are tired of seeing?"

  Jiang Shan smiled, and retorted nonchalantly, "Lamma Island is also good, and here is also good. But whether it's the scenery in Central or Lamma Island, I've seen enough, now it's time for a change."

   "What, homesick?"

On the contrary, Zhong Shi heard the meaning of Lu Rover's words, and couldn't help asking, "It's been a long time since I came out this time. It's normal to be a little homesick. Why don't you go back tomorrow, and we'll be back in two days. Just go back, what do you think?"

In fact, as Greece announced the referendum, Tianyu Fund's layout in this incident has already taken effect. In addition to short positions in the euro and stock indexes, traders have been crazy in the global market in the past two days. Sweeping into Greek government bonds has covered 80% of the short positions, and future positions can be completed tomorrow, so so far, Zhongshi's goal has basically been achieved.

  If it wasn’t for the G20 summit, Zhong Shi would have planned to fly back to Hong Kong long ago.

"That was not what I meant!"

  Land Rover quickly waved his hand and said, "I have a very bad feeling that something might happen in these two days. I can't tell where this feeling comes from, but..."

  He lowered his voice and said to Zhong Shi, "In the past two days, unidentified people have been moving around us. I suspect that our actions have been monitored."

"Really?"

  Zhong Shi raised his head subconsciously and looked around, but only saw a leisurely scene, people enjoying the comfort of the evening, and there was no one with ulterior motives nearby.

   "Are you delusional?"

After repeatedly confirming that there were no suspicious people around, Zhong Shi asked suspiciously, "Or is it an occupational disease attack? The G20 meeting is going to be held here, and it can be said to be one of the most heavily guarded places on the entire planet. I am afraid that those leaders Your bodyguards are patrolling around, you mistook them for us, right?"

   "Maybe."

   Lu Rover tilted his head and thought about it again, and felt that what Zhong Shi said made sense. So he stood up, took two steps around, inadvertently used a few anti-investigation methods, but also found no one with ulterior motives, and immediately felt relieved.

   "Hey, I think he is too cautious for professional reasons!"

Jiang Shan, who had been burying his head in the feast, finally raised his head, wiped the oil stains from his mouth, and said disapprovingly, "If something happens in this kind of place, it won't be aimed at us, after all, there are more noble people here than us, They won't bother with small roles like us."

   Indeed, although Zhong Shi is also one of the top figures on the planet, compared to the leaders of the G20, Zhong Shi's identity is undoubtedly much inferior.

   "By the way, what are we going to do next?"

Jiang Shan knew very well how important the Greek matter was to Zhongshi. Although he felt a little disapproving, since it was Zhongshi's decision, he could only reserve his opinion, "After we separate from the capital of the United States, we will Does your investment have any direction?"

   "I don't know yet!"

Zhong Shi put down the knife and fork, took a sip from the wine glass, wiped the corners of his mouth, and then said methodically, "If my guess is correct, the crisis in Greece should be resolved soon. France The stance of Germany and Germany is far beyond my expectations, and under such circumstances, I don’t think the Greek government can withstand this kind of pressure.”

"In the next period of time, the United States may no longer have the motivation to toss Europe. In order to cope with next year's presidential election, the United States may have to cooperate with the introduction of a strong economic stimulus plan to revive the economy and win voters again. Trust. In Europe, because of the heavy damage suffered by the debt crisis, it is difficult to heal in a short time, and it is impossible for the European economy to experience accelerated growth in the short term. How long this situation can last will determine the next policy direction of Europe .I personally think that the possibility of the ECB launching QE in the future is very high.”

"anything else?"

Before he knew it, Jiang Shan also put down his knife and fork, tilted his head and listened carefully, and at the same time raised his own doubts, "The debt crisis cannot be eliminated in a short period of time, Italy and Spain are now rampant, and international rating agencies are eyeing them. Of course, in order to maintain the integrity of the euro area, the ECB and the European Council will certainly not sit idly by, which I very much agree with. But if there is going to be QE policy, will they not try to lower interest rates first?"

  Usually in monetary policy, the common way to release liquidity is to lower interest rates, conduct reverse repurchase, etc. The latter effect can only be maintained for a period of time, usually within a few weeks, in order to cope with unexpected situations. The timeliness of lowering interest rates ranges from a few months to a few years, which is considered a longer-term monetary policy than the latter.

   "Hard!"

Zhong Shi shook his head and directly denied Jiang Shan's question, "Although lowering interest rates takes priority over quantitative easing in terms of policy formulation, under the premise that the whole world is desperately releasing liquidity, low-cost funds can be obtained everywhere. , In this case, the effect of ECB lowering interest rates can be said to be negligible, and at the same time there is a great possibility of falling into a liquidity trap. It can be estimated that if lowering interest rates is ineffective, ECB will soon introduce QE policy."

"For a normally recovering economy, lowering interest rates can indeed stimulate economic development for a period of time, and even does not require follow-up measures. But in Europe, where the unemployment rate remains high, the economic stimulus effect of lowering interest rates may not be very effective At the same time, there is still a risk of capital outflow. Although the implementation of the QE policy has injected liquidity into the entire market and has the risk of inflation, for Europe, even the negative interest rate policy of additional reserves may not be enough Release the liquidity of the banking industry. So I think the QE policy in Europe is imperative.”

"However, the length of time for specific implementation and the intensity of fund release will depend on the development of the current debt crisis. Judging from the current situation, the situation in Ireland and Portugal has basically tended to be stable, and within two to three years They will definitely get rid of the current predicament. But for the unstable Greece, even if this crisis is over, it is still hard to say whether a similar situation will occur in the future. The citizenship of this country is too evil, it is completely A bunch of spoiled kids."

   "Of course, these are impossible to achieve in the short term, so during this time, we can take a good vacation and relax is the top priority."

   After talking for a while, Zhong Shi finally changed the subject and finally answered Jiang Shan's first question.

   "..."

  Jiang Shan suddenly burst out laughing.

  The two talked and laughed, and soon the food on the table was wiped out.

For Zhong Shi, he has now got rid of the shackles of the Americans, and he is naturally in a good mood. In addition, the settlement of Tianyu Fund's various investment varieties is also tending to end, so he has no pressure at present. After he relaxes, he wants to Take a good rest.

   "Buzz buzz..."

   At this moment, the mobile phones in their arms rang at the same time. After looking at each other, the two took out their mobile phones at the same time, and a push message about Greece appeared in front of their eyes.

   "Is that how you admit it?"

  After reading it, Jiang Shan grinned and said, "It took only two days for the Greek government to announce that it would abandon the idea of ​​a referendum. This is really a bit too weak."

   "Faster than I thought!"

Zhong Shi also showed a disdainful expression on his face, but he did not taunt him mercilessly like Jiang Shan, but said lightly, "It is estimated that after such a toss, Papandreou, the prime minister, may not be able to sit on the throne. How long."

   Indeed, after only three days of reneging on his promises, Papandreou's reputation among the public has plummeted, and members of the opposition party are already preparing to launch a vote of confidence in him in an attempt to expel him from office.

   "I will not resign!"

  Before flying to Cannes, Papandreou said this to reporters.

   Thanks to the book friend Molong Zhangui for the monthly ticket and reward! Thanks to Guiyi, 36662870 for voting for the monthly ticket, and book friend tanmin2, and the rewards of love and hate! I didn't expect my friend to leave so soon. I will continue to work hard and write a book in the past two days. I will finish yesterday's book first~ It's almost the end of the month. I hope everyone will continue to actively vote for it. I just found out that double monthly tickets have started. I hope there are friends who still have monthly tickets. Don't forget to vote, thank you~

  

  

  (end of this chapter)