Not A Member Yet? See All The Features Of The Forum By Clicking Here To Register For FREE! Or Members Login Below:

Cyprus Eastern Forum Index Cyprus Eastern Forum Index
Offering Free Help, Advice, Tips & Support for those buying or living in:
Paralimni - Protaras - Pernera - Kapparis - Agia Napa - Larnaca - Oroklini - Pervolia - Kiti - Xylofagou
Vrysoulles - Frenaros - Dherynia - Sotira - Agia Thekla - Liopetri - Ormidia & surrounding areas...

 
Main Homepage Cyprus Eastern Forum Index Register Directory Memberlist Search

Ads By Forum Sponsors  

    
Cyprus Eastern Forum Index » Banking & Insurance » BoE fires warning shot at EU over £41 trillion contracts
Post new topic  Reply to topic   View previous topic : View next topic 
BoE fires warning shot at EU over £41 trillion contracts 
Post: #1   PostPosted: Tue Oct 09, 2018 12:30 pm Reply with quote
clive of payia
Joined: 08 Apr 2006
Posts: 337
Pictures: 0

 
The EU is using £41 trillion of financial contracts as a Brexit bargaining tool, putting the EU’s financial sector at risk if a deal is not reached on the issue by Christmas.
The Bank of England has warned in its latest assessment of financial stability in the UK that the EU has only made “limited progress” on the crucial issue of so-called derivatives contracts. Read the full story at;

Links only visible to Registered Members
Register for Free or Login to the forum.



Dealers in London & New York will be up all night at Xmas to receive a fabulous Christmas Bonus buying mainly German Derivatives cheaply which will in turn dramatically effect the Euro.

_________________
Clive of Payia
Personal Photo Album View user's profile Send e-mail Cyprus News,Weather & Travel


Hide These Ads? Register for Free or Login

 
Post: #2   PostPosted: Tue Oct 09, 2018 3:41 pm Reply with quote
Kwacka
Forum Moderator
Forum Moderator
Joined: 24 Sep 2005
Posts: 15080
Pictures: 3
Location: Republic of Cyprus

 
If accvurate, quite worrying regarding internation finance - another global financial crisis.

But no doubt this is yet another of those things that leavers voted for after many hours of consideration (along with the break-up of the UK) - a small price to pay, no doubt. Rolling Eyes

BTW, how has the BoE acquired credibility after all its 'Project Fear' predictions?

_________________
"The greatest deception men suffer is from their own opinions." - Leonardo da Vinci
Personal Photo Album View user's profile Send e-mail Cyprus News,Weather & Travel
BoE fires warning shot at EU over £41 trillion contracts 
  Cyprus Eastern Forum Index » Banking & Insurance
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
  


All times are GMT  
Page 1 of 1  



  
  
 Post new topic  Reply to topic   
Search Tags: #fires #warning #trillion #contracts



 Facebook Page    Facebook Group    Our Channel    Cyprus eBay Search    Shopping To Cyprus    Contact Admin   SmartFeed RSS Feed



BUYING PROPERTY IN CYPRUS? PLEASE ENSURE THAT YOU SEEK INDEPENDENT LEGAL ADVICE FIRST.
Cyprus forum covering Kapparis, Protaras, Pernera, Agia Napa, Agia Thekla, Paralimni, Larnaca, Oroklini, Pervolia & surrounding areas
Please note that the views expressed on this forum are those of the author and may not reflect the views of the management.
* Problems Logging In? Click To Contact Us | Powered by phpBB © phpBB Group Design Style: VTrushkin | View Lo-Fi Version