Crisis fund efsf earns money by incurring debt

Crisis fund efsf earns money by incurring debt

Belgium also joined the group of countries that are getting minus yields on their short-term debt. The heibt investors pay on it, in order to be allowed to finance belgium’s state budget in the short term. Euro crisis countries like spain and italy, on the other hand, must continue to pay high interest rates.

The combination of a low interest rate policy and ample liquidity provided by the european central bank (ECB) is considered to be the reason for the strong demand for securities issued by sovereign debtors with strong credit ratings. It makes it difficult for banks and large investors to find places to park excess funds, thus printing yields. Spain and italy also recently obtained fresh funds more favorably – experts nevertheless continue to view the situation critically.

This is what the corona crisis means for french automotive suppliers – one infected at bosch

This is what the corona crisis means for French automotive suppliers - one infected at bosch

Bosch plant manager martin schultz sounds relieved on the phone. One of the approximately 7000 employees in bamberg is carrying the corona virus. This was confirmed at the beginning of the week. Nevertheless, work continues at upper franconia’s largest industrial plant. "It’s fortunately not problematic because the person in question hasn’t been at the plant for two weeks", reports schultz.

The company doctor immediately sent the employee, who was on vacation when he became infected, to quarantine at home when he returned. That was at the beginning of march. According to bosch the employee shows no symptoms.

Future of osram open after failed ams takeover

future of osram open after failed ams takeover

After the failure of the takeover bid by AMS for the munich-based lighting and sensor technology group osram, the battle for the company becomes a test of patience.

"We’ve invited them to talk and we’ll have to see what the result will be," osram chief financial officer ingo bank said of austrian sensor maker AMS to the CNBC channel on monday. AMS now holds 19.99 percent in osram. Initially, there was no response from the austrian company to the offer to speak.

Calendrical summer with a lukewarm start

Calendrical summer with a lukewarm start

Until then, however, there is still the threat of adversity. Meteorologists warned of heavy storms at night, tornadoes also not ruled out, ruppert said. "People, better stay at home," was his advice. "The weather situation has tinder."

Some regions of germany got a foretaste of what is in store after the heat on thursday: thunderstorms with heavy rainfall caused numerous fire department deployments.

Firefighters perform rescue operations in a helicopter crash

firefighters perform rescue operations in a helicopter crash

Word quickly spread via facebook that the gauaschach fire department had devised a helicopter crash as a scenario to mark its 140th anniversary. So fire departments from the werngrund and for example also some comrades from nudlingen jerk to the watch. Schweinfurt district fire chief holger strunk and securitas chief jochen braunschweig also take in the spectacle.

For gauaschach, the scenario is by no means out of the blue: a federal helicopter gets stuck on a windmill, spins and crashes into a barn.

Lowe leon navigates the media jungle

Lowe leon navigates the media jungle

Munich – for a bicycle, a sewing machine – even a drill press in the workshop – children in elementary school have to get a driver's license. But do all these orientation aids actually still correspond to the reality of children's lives in 2009?? Who will show them the safe way across the information superhighway or through the chatroom scrum that has long proliferated in children's rooms?? Another brand-new driver's license takes over: the media driver's license.

A driver's license for the internet

Use on the airfield was a practice

Use on the airfield was a practice

Luckily, it was not a real operation that the bamberg fire department was called to the airfield for. Rather, it was a training for emergencies, as they can happen in the daily flight operations. Members of the bamberger aeroclub and firefighters prepared for such aids at three practical stations. Resuscitation was practiced, as well as assistance in the event of accidents in the workshop, which occur time and again, and the rescue of pilots from the cockpit.

The training was supervised by a company called rescuma, which specializes in responding to aviation accidents. According to her own information, she is a cooperation partner of the air sports association of bavaria and conducts emergency trainings at airfields for air sports clubs and flight schools. According to oliver gabriel (rescuma), the range of applications in everyday life extends from helping people who have suffered a sunstroke to rescuing pilots and other passengers after a crash or a "hard landing".

First schwanbergsschau a success

First schwanbergsschau a success

The groblangheim small animal breeders called – and they came from all over bavaria. For the first time the schwanbergsschau took place in groblangheim with rabbit breeders from upper, middle and lower franconia and even from the southern regions of bavaria. Exhibition manager frank sturm was satisfied. Nearly 500 animals were on display, one more beautiful than the other.

"With the inter-club show we started an attempt", says chairman willi habermann, "this attempt was successful."With the variety of breeds and the rough number of animals he was also highly satisfied. The district chairman of the rabbit breeders, gunter schurrer, was also enthusiastic: "i am always happy when something new is tried out. Even more so when it works as well as it does here." Also josef steinack, the district chairman, praised the new form of an animal show. At the same time, he suggested that in the future more such cross-association and cross-territory looks will take place. After all, not all associations have such a number of helpers and the excellent infrastructure that can be found at the groblangheimer association. "A platform for outstanding musical results" is how deputy mayor heike sterk called the show. Sterk represented mayor karl hochner, the show’s patron, and opened the two days of exhibits. On saturday and sunday breeders and visitors were invited to have a look at the animals and sit together with good food. And for the little guests there were all kinds of prizes to be won at the tombola of the women’s groups.