Subject: »NEWS AROUND THE WORLD

because we're citizens until we can choose between things of no importance..

(look carefully at that "we", it's the more important thing of the sentence!)

The bad parts of the Dexia bank will be put in one holding, and the Belgian state has to give a guarantee of about 54 billion euros. Which probably will affect our credit rating.

54billion euros... what it is for Belgium :-)
How big deficit you have yearly, in € ?

or better, how big is yearly state revenue ?

Slovak state revenue 10billions
Slovak help for EFSF 7 billions.

Do you understand now :-) ?

isnt is crazy ?

new tranche of help for Greece: 8 billion € (in november)
predicted cost of bank "saving": between 100 and 250 billion €

do you see something wrong?

obviously the help at greece is conditioned at the suspension of collective work contracts...

No 95 could thing that Rubinho is Subperbelgian :-). Or decent belgian or whatever but not good. This doesnt mean that they think that he is bad Belgian. Just that he isnt a good Belgian.

Its that simple.

No. If there are only 2 options, and you know that: vote A = option 'A' or vote B/don't vote = option 'B', then there isn't an imaginary option 'I don't vote so you don't know what I think but this will mean option B will be chosen - C', this is still option 'B' ;)

(edited)

For the 2012 budget, they aim for a deficit of 2,8%. You can find the data about Belgium on the internet. GDP of Belgium is 471 billion dollars.
(edited)

so... 60billion € for dexia is not so much if you have 471 billion dolars GDP ....
btw..do you know that Slovakia make recapitalization of all own banks by own? We didnt need any EFSF, we make our ill banks healthy again just by own state finance !! (as Belgium too)

So, in this case of saving Dexia... what do you think about slovak share in EFSF 8bil.€ with maybe 10-15bil € GDP and saving private banks of other states ?. Is it normal ?

Slovak parliament vote yes for EFSF :-(.

But anyway, it is very interesting, because our constitution doesnt allow voteing for same law in such short time period, so we vote yes but we broke by this our own constitution. If our constitution court is not corrupt, that law must be canceled...but I think people from "Brussels" is paying good :-D

Or the pressure is good ;) A 'nice' call from Germany perhaps ... :P

Maybe, even that man Sulik dont want EFSF due to help for german and france banks, but in TV he always says just "...for france and other banks" :)

GDP of 15 billion?

http://www.oecd-ilibrary.org/economics/gross-domestic-product-in-us-dollars_2074384x-table3
(edited)

my mistake, I didnt mean GDP but state revenue in budget.

2010 http://portal.statistics.sk/showdoc.do?docid=20834
but I said 10-15 cos it depends on year. This year it will be higher than just 10 mld €.

So our guarantees are maybe 50% of state revenue :-(

Slovak state revenue 10billions
Slovak help for EFSF 7 billions.

Do you understand now :-) ?

So, do you understand how the EFSF is working?
And how do you define state revenue? Government revenue for Slovakia is higher , as far as I know.