Monti had been in the newspaper

Italy, which recently Cheap burberry 2012 new arrivals for sale, all designer bags, fashion clothing, luxury accessories and discount shoes are 60% off for men, women and kids, free shipping for orders exceed $200. paid record interest rates for fresh loans, must collect by the end of the week almost 20 billion euros in capital markets.

Monti had been in the newspaper "Die Welt" appeals to the financial markets to recognize the progress of his country and to accept lower interest rates. However, he was gone before his visit to the Chancellor's Office also distanced itself from the German-French Euro-crisis management.

Addressing the € rescuers, led by Angela Merkel and French President Nicolas Sarkozy said Monti, Germany and France should be in terms of fiscal discipline "does not rise too much." He asked the Italians inflicted heavy casualties, said Monti. "But I can have my policy with no success, when the EU's policy does not change. And if that does not happen, could Italy - which had always been a very friendly country europe - flee into the arms of populists. "

Merkel said after the two hour meeting, the financial markets doubted whether any country can meet its own obligations. The government Monti but shown in fiscal consolidation and structural reform pace and substance: "This is something which Italy will strengthen."

In the case of another problem child increased the European Union (EU), its pressure: they are Hungarians still almost a week time to relent to the controversy over the independence of the Central Bank and the Constitutional Court. The EU Commission put the decision on a lawsuit against the government of right-wing Prime Minister Viktor Orban for breach of EU treaties until next Tuesday. In addition, Brussels has threatened to Hungary to the EU billions in funding block.

This ban could be imposed no earlier than January 2013, said Monetary Affairs Commissioner Olli Rehn. Hungary has made the deficit ceiling of 3.0 percent in 2011 thanks to one-time only revenue - otherwise it would have landed at 6 percent. Orban's government admitted a mistake and vowed - at least for the savings efforts - improvement.

Fight with a bigger budget gap burberry earings must be known as the Spanish government. Prime Minister Mariano Rajoy announced that the state had expected to gain in this year 37 to 40 billion euros - more than twice as much as previously planned. For 2011 the budget deficit was higher than 8 percent of gross domestic product, said the conservative head of government.

Spain had committed itself to the EU, to reduce the deficit this year to 4.4 percent. In 2011, Madrid had agreed to 6.0 percent. The Parliament adopted in Madrid on Wednesday a first austerity package, which will relieve the budget by 15 billion euros.

A new draft agreement for more fiscal discipline in the EU and the euro zone is already heavily in the criticism. Immediately prior to the deliberations of representatives of the 27 EU countries in Brussels on Thursday all the major parties in the European Parliament rejected the proposal. In a joint statement, the groups said, the text is still not compatible with existing EU law. EU governments want to sign up to March a "fiscal pact" in which the States undertake to establish national debt brakes.

Chancellor Angela Merkel on Wednesday tried to defuse the dispute with the FDP on the introduction of a financial control alone in the euro area. The CDU leader said in Berlin, a tax only for the 17 euro countries is their personal opinion, which is founded on a CDU party decision. After meeting with Monti said Merkel, however, added: "It is perfectly clear: As head of a government it is essential to have the similarities of all coalition partners before, we represent a position on an international level."

The FDP wants to support the controversial tax on stock exchange transactions only at the level of all 27 EU states. An introduction of the Euro-alone group opposed to the Liberals. With the proposed tax for years to curb financial speculation, and banks and insurers are involved in the crisis cost more.

Germany got hold of money again at reasonable conditions on the capital market. At an auction of government bonds with five-year period the federal government collected one in the morning around 3.15 billion euros. The average yield was at 0.9 percent, according to Finance Agency, which is about as high as the rate on five-year securities on the open market. On the stock market, there were planned before the big Italian emission hardly move. The euro fell slightly to $ 1.2718 in the afternoon (Tuesday: 1.2808). The DAX fell slightly by 0.2 percent to burberry bags 6150 points.