кѥ˥塼

޸Ρкѥ˥塼̤ưͻ֥Ǥϵ岹Ȳ˻ߤΤúи󾧤ޤиӽиȤϰ㤤ޤߤʴ㤤ΤǤ

2015ǯ07

亴Ȥͤ餸Ƥޤ

¸ΤǤ͡

ˡŪϴطʤ椬뤿ɬפɤȸäΤǡޤ亴μǤ׵ᤷƤΤǤ

ȯΤɤʤΤäƤǤ

ǡ⤦­ȼΤ褦ˤäƤΤǤ

ˡŪǹޤʤΤǼ櫓ʤǤ

פˡϡˡŪʤƤΤϹɤδ餹ФۤɽפǤϤʤˤ̵뤷Ƥ⹽ʤȸäƤΤǤ

ǤϡˡŪȤϲ̣ΤǤ礦

ǤˡΧƤˡΧβ᤬Ѥ褦ʤȤʤ֤ؤޤ

ĤޤꡢϡŪҸȯư˴ؤˡ᤬դˤʤäѹ줿뤿ʤΤ餽Τ褦ʤȤ򵤤ˤɬפϤʤΤȸäΤǤ礦

ޤȡ亴ΤΤ褦ȯ򤷤ͳʬäͤ¿Ȼפޤ

Ǥϡΰ亴ȯ˴ؤơȸäƤΤǤ礦

⡢亴θȤȸäƤΤǤ礦

ϤȿС

ڤʤȤϡդȤƤɤͤƤ뤫ȤȤǡˡŪνˤĤơ桹϶ˤƽŻ뤷Ƥ뤳ȤյķˤƤ롣ϡޤˡդȤƤλͤΤ˼Τ

פˡܤȤƤϡˡŪνˤƽŻ뤷Ƥ롢ȡ

⤷Ǥ礦

ϰιͤۤƤȤפΤˡοΰϡꤹ褦ʤȤΤǤ顣

亴ФƤϡ˼ĹǤʤȤƤդ򤷤Ƥ롢ȤäƤޤ

ɤơϤ٤ΤǤ礦͡

ϴñʤȡĤޤꡢϡۤˤ⤢ȤꡢʬˡŪ뤳ȤˤƽפʤȤǤȸƤ뤫ʤΤǤ

Ĥޤꡢ鿴ŪˤϰߤäƤꤿƤ⡢ΰϡդˤ˿øȿФ뤳ȤˤƤޤäΤǡɤˤǤʤȡ

Ť˹ͤƤߤ顢դŪҸȯư˴ؤˡ180ѤΤϻ¤ǤפˡˡŪʤˤ褦ʤȤ򤷤ΤϺΰդǤ롢ȡ

ǡΤ褦ʹưˤǤʤ顢ǤˡŪΤפǤ롢ȡƤޤޤ͡

󡢤ȸäưˡŪʤƴطʤʤƸäˤϡä㤪ޤ衢ȤʤäƤޤǤĤ줫ʬȤꡢȰ亴Ǥϡɤ餬ľȸСǤϤʤȻפΤǤ

ˤƤ⡢ư¦ȸͤθư򿶤֤ȡʤΨľʪ¿ȤȡϤäȸΤǤ͡⡢ǡˤλפۤ뤫ǡˡ

ǸڤʤȤäƤȻפޤ

ϡˡŪǹ񤬼뤫ȸäƤޤǤϡä񤬼ΤȤȤǤʷ⡩϶ǤʷƱ

Ǥ⡢Ǥϲ桹ϲ鲿ؤǤʤȤޤ

ȤΤ⡢ĤƤܤϡƤ餱ʤ褦˵ʷϤͭ˥ɥĤ䥤ꥢƱӤޤɡơ¿εԤФƤޤäǤ

ǤϤޤ󤫡

иäƤηˡΤǤϤʤǤ礦

Ǥ⡢Ĥλˤ⤽Τ褦ȯۤ򤹤ͤΤǤ͡



¦ˤϼռοͤ¿Ȼפå򤪴ꤤפޤ

͵blog󥭥
Υȥ꡼ϤƤʥ֥åޡɲ

γкФIMF̳򼨤ʤɤȤ˥塼ήƤޤʤΤǤ礦

¤ϡIMF󥿡ͥåȾǽƵԲ񸫤򳫤κݡ饬̳Ҥ٤ƤΤ褦򤵤줿ȤȤΤ褦ʤΤǤ

ǤϡŪˤɤʤȤäΤǤ礦

MR. RICE: I'm going to begin with some questions on China, and in particular from Xinhua, from Yujuan Jiang, we have a couple of questions, let me just read these questions: some are questioning China's efforts to stabilize the stock market movements, and how might this affect China's determination to further its reforms? How does the IMF evaluate China's financial market reforms? And will this stock market event of recent times, earlier this month, will it affect the IMF's review of the renminbi's inclusion in the Special Drawing Right currency, the SDR?

˴ؤ䤫Ϥ᤿ȻפޤĤ䤬󤻤ƤΤǡ褺ɤޤĺޤ񤬥ޡåȤꤵ褦ȤƤ뤳ȤˤĤƤɤפơ줬βϤ˱ƶͿǽΤ줫顢IMFζͻԾפɤΤ褦ɾƤ뤫ơλԾνSDR˿̱ޤ٤ɤȤľ˲ƶͿΤ

MS. LAGARDE: Hello, Yujuan Jiang. Thats quite a question I have to say. Okay, let me backtrack a little bit. First of all I think there had been a lot of noise and a lot of coverage of significant market variations, but I think we need to keep in mind a bit of a medium-term approach.

֤ˤϡɤǤ͡ޤǤηаޤ򾯤֤äƤߤޤ礦ˡλԾⲼ˴ؤƤϡ¿λʹ졢ƻʤƤޤŪ˸ƤߤɬפǤ礦

And if we look at the Chinese market, particularly the Shanghai market, we are still up -- they are still up more than 80 percent relative to a year ago.

Ծ졢ä˾峤Ծ򸫤ƤߤȡϰȤ1ǯ80%⤤ΤǤ

So it's a market that has gone up extraordinary, and which is through a down mechanism at the moment, which is also very rapid, but we are still more than 80 percent from last year. That's point number one.

֤Ĥޤꡢϰ۾ʾ夬򼨤塢٤ϵ޷ȡǤ1ǯ80%⤤ˤ뤳ȤΥݥȡ

Point number two, we have concluded our China Article IV, and that was actually reviewed a couple of days ago and we believe that the Chinese economy is resilient and, you know, strong enough to withstand that kind of significant variation in the markets.

ܤΥݥȤϡ桹ηкѥӥ塼ۤο˴λȤǤкѤ϶٤ǤäơԾⲼ˽ʬѤȲ桹ϿƤȤȤǤ

I think the third point is that it's not a very, sort of, well established longstanding markets that has been around for decades and decades, as has been the case in either the United States or some of the European Union countries.

軰ΥݥȤϡλԾƹEUλԾȤϰۤʤꡢĹиͭΤǤϤʤȤȤǤ

It's a relatively young market and there is an element of a learning curve, both by the market players, by those who invest, by those who raise capital and of course by the authorities as well.

Ū㤤ԾǤꡢؽ֤ǤȤȤǤԾλüԡĤޤ򤹤ԤȻĴãԡˤɤˤȤäƤǤ

And no one should be surprised by the fact that they want to maintain an orderly movement, and try to avoid disorderly functioning of those markets.

ֽäơ񤬻Ծݻ褦ȴꤤԾΰ۾ư򤷤褦ȤƤ⡢ïäʤǤ礦

That's after all, the duties of such authorities.

ַɡɤ̳ʤΤǤ

And the fact that they want to maintain a level of liquidity as well, that is commensurate with an orderly process, is also quite good.

֤ơήưοݻ褦ȤƤ뤳ȡﲽΥץȤޤǤ

Now, is that going to impact significantly?

֤ǤϡȤ礭ʱƶͿΤǤ礦


I think on the economy as a whole, I've mentioned the point that we believe that the Chinese economy is resilient.

ηкѤƤߤСϡ˽Ҥ٤褦˶٤ȿƤޤ


Is that going to impact our assessment of the Special Drawing Right basket?

֤ȤSDRΥХåȤθľȤ˱ƶͿΤǤ礦

I dont think so. We have to be mindful, we have to be vigilant, and we always are, but equally we cognizant of the very significant reforms that the Chinese authorities are implementing.

ֻϡϻפޤ󡣲桹ϡʬդɬפꡢޤդʧäƤޤ
ɤ˰̣Τפ˼ȤǤ뤳ȤΤƤޤ

I mean, a few days ago implementing, I mean a few days ago and it went quite unnoticed.

֤ϿλǤäǤޤǡΤ褦ʤȤΤƤʤäΤǤ

In mid-July the Chinese authorities moved forward with significant reforms of their financial markets.

7ܤܤϡͻԾפ˾ФΤǤ

And we are very confident by their determination to deliver on the reforms, which will be conducive one day when the time comes once all the signals are checked positively to the renminbi included in the Special Drawing Right basket.

ֲ桹ϡ񤬲פ¹ԤȳοƤޤơβפĤϷ̤˷ӤĤǤ礦ĤޤꡢSDRΥХåȤ˿̱ޤ뤿Ƥξ郎줿ǤˤϤʤΤǤ

So we are doing the work. We will continue to do the work. And I dont think that we will be derailed by some market variations that weve seen recently.

֤ǡ桹ϺȤԤäƤꡢơȤ³뤳ȤˤʤޤΤ褦ʻԾⲼˤäƲ桹κȤǤ뤳ȤϤʤȹͤޤ


ǡǤ礦

Τ˥饬̳ѵȤäȯƤ뤳Ȥޤ

˽СФн褹Τɤ̳Ǹ⤷ƤޤλԾˤΤǡƤλԾΤ褦ˤϤʤΤȡ

ˡιưSDR˿̱ޤ٤ɤȤ˱ƶͿ뤳ȤϤʤȤϤäȸäƤޤ

Ǥϡա̱SDR̲ߥХåȤ˴ޤ뤳ȤˤʤΤǤ礦

Ǥ⡢饬̳ϡ줬ˤʤ뤫ˤĤƤϲäƤʤΤǤɤƤξ郎ꥢȤޤǸäƤǤ顢٤ˤƤȤϻפޤ

ɽϽ餫ʤ⡢äȤäȲϤ򤷤ʤС郎ꥢ뤳ȤϤʤȸäƤΤΤǤ

äȲפ٤Ȥϸ鷺ˡϤĤǶפ˾ФȤƤ饬̳

ƤƼͳȸǤ礦



ˤƤⲤƿͤؤελȤ褦ϿҾǤϤʤȻפå򤪴ꤤפޤ

͵blog󥭥󥰤




Υȥ꡼ϤƤʥ֥åޡɲ

ϡϾȿȯƤ褦Ǥγ˽ˤΤä褦ǤơβȼγкȽΤǤ

ȿȯƤȤˤϡΤ褦ȽϾʤΤǤȡۤ츫Ȥȡ

ˤƤɤΤäƤ뤳Ȥ;ˤϪ᤮ޤ

μߤ롢ζ϶ػߤ롢򤷤Ԥ᤹롢Ҥδϳ㤨ȶפ

졢кʤƸդɽΤŬǤʤȻפޤ

ˤƤ⡢Τ褦֤θ̤ϰŪʤΤǤʤηкѤβȼʤʾ塢ĤޤǤ㤤٤뤳ȤϤǤʤΤǤषĹŪˤϰإܥ饿ƥȤ٤Ǥ礦

⤽Τ褦ˤˤʤޤ

Ǥʤ빽

ȤǡĤܤǤХ֥ʹ͡ʳкΤ줿ǤޤϪʤȤϤäƤʤΤǤǤ͡ʤȤ򤷤Ծ򻦤Ȥˤʤ뤫Ǥ

ǤĤȸäơܤä˴ȤäƤΤǤ

פޤ󤫡

󡢤äƤΤϳԾˤƤǤϤޤ󡣹Ĥή̻ԾˤƤǤǥեæѤȤ̾ܤβˡܶԤ̤˹Ĥ㤤ԤäƤǤ礦

äɤĤλԾ򥳥ȥ뤷ƤޤäƤΤǤ

ȤȤϡԾȹĻԾΰ㤤ϤΤΡܤϡΤȤȤ䤫ȤϤǤʤΤǤĤޤ褦ʤΡ

ǤϡĤޤǤˤĤ㤤줬³Τ

ʤȡʤΤǤˡ줫ե줬ˤʤȤƤǤ

ιͤ餹Сե줬뵤ۤʤФ줫Ĥ㤤³뤳ȤɬפˤʤǤĤʤСФ뿮Ѥ쵤˼ƤƤޤȤǤ礦

ޤˡ徯ĥեΨ徺ᤤ衢ˤ̤ιĤ㤤줬λ֤ˤʤ륱ꤷƤ⡢ʤȺ٤ϹĤβʤ˽ǽΤǤ

Ĥβʤ˽ȸȤϡĹ޾徺ȤȤǡʤдȤζôкѳư򤫤ƤޤǤ礦

 ȤȤǡܤԾɬװʾ˲˲С줽ȿѤܥƥष礭äʤΤǤ



峤γԾϡͤμ򸷤¤ƤΤˡϳͤˤΤˤƤΤϡΤȻפå򤪴ꤤפޤ

͵blog󥭥󥰤
Υȥ꡼ϤƤʥ֥åޡɲ

ǤޤƤޤ

ξ峤β8%Ķ8ǯ礭ʲäȤơⲼƤΤǤ

ǤϡΤޤƤΤǤ礦ϤȤʤȤƳβ٤ԤäƤΤˡĤθ̤ʤʤäƤΤǤ礦

򤷤Ԥ򸡵󤹤ʤ˽֤ޤޤƤޤ͡

Ǥϡ⤦ï뤳ȤǤʤĽäơ礭뤳ȤϤʤȻפäƤΤˤǤ

βƤΤǤ礦

֤ҤΡȥܥ饿ɤפȤȥΥ֥ˤСˤSDRι̲ߤ˿̱ѤߤȤڤʤ˾礭ʴطȸΤǤ

ʬˤʤޤ

ʬͤϰΤ

褺¿οͤSDRäơȻפ⤷ޤ󡣤⤷ǤСäϥץ󥫥ץǤ礦

SDRȤϡIMFSpecial Drawing Right ΤȤǡ̰ФȤƤФޤν񻺤䴰ʤȤIMF1969ǯߤݽ񻺤ǤȤƤޤ

פˡIMFβϡⷫ˻پ褷褦ʤȤθԻȤ뤳Ȥˤɬפʳߤݤ뤳ȤǤΤǤơSDRβͤϡ桼ߡɥ롢ݥɤ4Ĥ̲ߤʤХåȤˤäƷꤵȤȤħΤǤ

Ǥ⡢񤬤Τ褦äʹȡˤʤȻפޤ󤫡

ʤΤǤο̱̲ߥХåȤ˴ޤޤƤʤΤȡGDP2̤ǤΤˡο̱ޤޤʤΤȡ

䡢񤬿˻ԾкѤιȸȤǤΤǤСȤäΤ˿̱SDR̲ߥХåȤ˺ѤƤȻפΤǤºݤ񤬤äƤϡԾ츶󤤤ȤФꡣ

Ǥ礦̱Υ졼Ȥ⡢ɤȥ뤷ƤΤǤ

ɤ顢Τ褦ʹ̲ߤɥ桼ߤݥɤƱ˰ȤǤǤ礦

Ǥ⡢ʤȤϿ̱̲ߥХåȤ줿ȡAIIBΩ褦ˡǤΥץ쥼󥹤򼨤ȴäƤΤǤ

ȤȤǡIMFФ˾³ƤǤĤФIMFȿϤȸСäϻԾ򹵤ԾΥᥫ˥ºŤˤʤ٤ȡ

ǡĤǶᡢIMFȤϤȸСγкϲɤȡ

ʬˤʤޤ

Τ褦ʥ˥塼Ȥꡢɤ㤤٤ߤΤǤϤʤȱȤʤäȤγθˤʤäȸƤΤǤ󡢤ʳˤηкѤĴҤ褯ʤȤȤͳ⤢ΤǤ礦

ǤϡIMFδ˽äơ㤤٤ߤΤǤ礦

˥塼ˤС㤤³ʤ󤸤ƤʤΤǤâۤɸä褦ˡɤϤɤƤ̱SDR̲ߥХåȤ줿ȡǤСIMFθȤʹɬפ롢ȡ

ˤƤ⡢ϪʻԾ򤹤ǡ̱¾ʹ̲¤˰ȼĥȤ¡Ȼפޤ

䤫餹С̱SDR̲ߥХåȤʤơȻפΤǤ



γкϸ٤ۤƤȻפå򤪴ꤤפޤ

͵blog󥭥󥰤

Υȥ꡼ϤƤʥ֥åޡɲ

пʹ򸫤Ƥ顢ספȤʸܤäƤޤ

áȤȤФŬڲספȤɽľΤǤ礦

ϥΡ

Ǥϡפʤʸ٤äƤΤǤ礦

¤ϡϻΰäΤǤĤޤꡢФǤβ׽פȤǧƤȤȤǤϤʤФ˹ФҤͤƤȤäʤΤǤ

ȤȤǡΤ¿ȻפΤǤĿʹҤΤʤǤФϤޤŬڲפȤդȤäƤΤǤ

ǤϡФϡǤΤä׽ʴȤפȤϹͤʤΤǤ礦

Τʬޤ

Ф
åVoteĴ̤ˤĤơԽѰ¼һ᤬Τ褦ʤȤ񤤤ƤΤǤ

֤ޤȤˤϡ֤ޤˤ饤֥ɥʤ¾ʴ軻򤷤ȤȤμ갷㤤롣ǤϾѻߤȻפס42СˤȡΤäȤӤո⤤Ĥ󤻤ޤ

Ǥ»׾ꤹʤɤפ򤫤夲ޤ夲ˤʤΤ׾夷ʴפǤϤޤ

ɼԤˤϡǤˤȷбĤΤ󤵤ʴפ˶ᤤ᡼ˤĤäͤ¿ä褦Ǥ


ɤפޤ

ʸϡ᤬񤷤ΤǤ

¼ϡǤʴäƤϤʤȸڤäƤΤǤ礦Ȥ⡢ʴˤϤ뤬ʤƤ夲ˤʤΤ׾夹ʴפˤϳʤȸäƤʤΤǤ礦

Ϥɤΰ̣ʴפȤդȤäƤȻפޤ

⤦ٸޤ졢ȽǤ񤷤ΤǤ

ΤȸСʴˤϤäơ夲ˤʤΤ׾夹륿פʴˤϳʤȸäƤȤСʳΥפʴˤϳǽϻĤǤʸΤɤȡ¼ܰդȤϻפʤȤġ

ǤϡǤι԰٤ϽʴˤϳʤȤͤʤΤǤ礦

餯ȤʤΤǤ礦ޤͤǤФϡ֤ɼԤˤϡǤˤȷбĤΤ󤵤ʴפ˶ᤤ᡼ˤĤäͤ¿ä褦ǤפȸäƤΤȻפΤǤ

Ĥޤꡢ餹СɼԤΤʤˤϴ㤤Ƥͤ뤬ǤΤäȤʴǤϤʤȡΤʤСʴȤϲͶ夲׾夹뤳ȤǤˤʤäƤʤФʤʤȡ

ʴΤ褦ʤΤǤȤϡϤޤʹȤޤ

Ǥϡʴ軻Ȥϰβ̣Τ

Wikipedia ŵŪʴ軻ˤƤϡ軻Τ»׷׻ηо»פʤɤտŪơȤηбӤä֤ɤ뤳ȤŪȤ롣

  ϤƤʥɡ˲פ뤳Ȥǡ٤η軻Τȡ


Ǥ礦ʴ軻Ԥ硢ĤμˡȤơͶ夲׾夹뤳Ȥ⤢Ǥɬ⤽줬ʴ軻ɬܤιǤǤǤϤʤΤǤʴΥݥȤϡ軻ƤտŪ˵ƼºݤȤϰ㤦褦˸Ƥ뤫ɤʤΤǤ

пʹȤΤϡȤɼԤ¿ȻפΤǤǤΤäȤϡޤȤο΢ڤ뤳ȤǤΤˡФޤǤǤߤȤΤʬޤ

ˡǤܤɽŪʴȤΰĤǤ뤫顢Ǥ礲ˤäƤȹͤƤΤǤС礭ʴְ㤤Ȼפޤ

ǤΩľ뤿ˡ¤¤ǧ뤳Ȥ褺ɬפǤꡢ餳ʴ򤷤ǧᤵ뤳ȤɬפʤΤǤ

ΤȤ˵դʤطԤ¿Ȥǰ˻פǤ




ǤΤäȤʴ軻Ȼפå򤪴ꤤפޤ

͵blog󥭥󥰤
Υȥ꡼ϤƤʥ֥åޡɲ

ΩΤȤФäƤޤϡôαƣäޤǥƥӽб餷Ƥޤ

ϥ٥ΥߥϤɤʤäȸ

IMFäƸäƤΤǤ


IMF urges Japan to reload Abenomics to continue recoveryBBC

ֲ³褦˥٥Υߥɤ褦ˤIMFܤ˴


ɤȤϡɤȤǤ礦⤦ȤľȤȤȻ򤷤ޤ

ǤϡIMFϡŪܤˤɤȸäƤΤǤ礦


ȡ

ƷϤʬǤϤʤ

¤פʬǤϤʤ

߰˲٤˰¸٤ǤϤʤ


ǡǤ礦

âιͤIMFΤȤϿʬۤʤޤ

ȤΤ⡢ζͻ˴ؤͤ2ǯȾʾλ֤ФƿʬƤ褦˻פ뤫ǤΤߤʤ餺ۤιͤƤȤפޤ

2ͤϡǥեæѤ뤿ˡդ򴹤СեΨ2%ʾ˰夲뤿ˤϤɤʤȤǤ⤹ȸäƤΤǤ

ۼδºʤƸ줿ΤǤ͡

Ǥ⡢䥤եΨϡɸͤ礭äƤΤǤ⡢Ū˲äƤǤʤޤǤ̤ͭιĤ㤤޾ФǡǤ

Τ褦ʾ˴٤äλ֤вᤷƤΤˤ⹴餺ۤϡܿȤ򤷤褦ȤϤʤΤǤ

ΤʤΤǤ礦

եΨ򥳥ȥ뤹뤳ȤԲǽȴƤ뤫ʤΤǤ礦

ä顢ʬιͤ˸꤬äȷ餯ǧ٤ȻפΤǤ

Ǥ⡢䤬Τ褦ʻŦ򤹤ȡ餯Ͼ夬ꡢʵϤ褯ʤäƤΤʪ夬ʤƤ⤤ǤϤʤΤȤȿȻפޤ

⡢Τ褦ʹͤꤹĤϤޤ

Ǥ⡢ʤƤ⤽ϡեɤȿȤƤΩʤΤǤΤʤСեɤϡʤǤ⥤եΨ夲뤳ȤȸäƤǤ

㤤ޤ

ɡˤϡ٥Υߥ3ܤΤ1ܤΥե˴ؤƤϡȤʤäȤ褦ˤפʤΤǤ

RSCN0589

Ȥ϶Υȥܤȴ̡

Τ˳Ͼ夬äեΨͽۤȤäƤʤȻפå򤪴ꤤפޤ

͵blog󥭥󥰤
Υȥ꡼ϤƤʥ֥åޡɲ

ƹPBSNews Hour ꥷκ̳˴ؤơ򤤤Ȥä򤷤ƤΤǤҲ𤷤Ȼפޤ


Suppose you owe me 420 billion euros, which just happens to equal 1.75 times Greeces GDP.

ֵ4200桼μڶ⤬Ȳꤷ褦ꥷGDP1.75ܤˤʤ뤬

Unfortunately, youre broke and cant repay the money you borrowed.

ԹʤȤ˵˻Ƥޤڤꤿ֤ȤǤʤ


Youre so broke, in fact, that you cant even pay back any interest, let alone principal.

ּºݡϰʸ̵ˤʤäơܤϤΤҤʧȤǤʤ


Being a generous fellow, I tell you:

֤ǡͥϤʤ˼Τ褦˸

Not to worry. You dont have to pay back a single euro, ever.

ֿۤɬפϤʤ1桼Ȥ⵮ʧɬפʤ

Well just make your IOU an interest-only bond with no date for repaying the principal and set the interest rate to zero.

ֵμѾڽܤֺѴ᤬ʤʧФķˤƤޤ⡢ϥˤơ


But heres the thing. My wife will kill me if I tell her I just lost 420 billion euro. So, if you dont mind, Im going to keep reporting that you owe me 420 billion and you are going to keep claiming youre indebted to the tune of 420 billion.

֤䤬ʤˡ4200桼»򤷤ȸä顢ϻ򻦤ǡʤʤ顢ϡ4200桼μڤ꤬ȸ³ơϻ4200桼ڤƤȸ³Ƥ


In other words, were going to keep your debt on the books at full value, instead of what its really worth on the open market that trades IOUs and well both keep mum about the actual repayment terms.

ִСμѾڽ񤬻ԾǤɤ줯餤βͤ뤫Ȥϴطʤˡϵκ̳̤Ģ˷׾夷³ơ䤿ϡºݤλʧ郎ɤʤäƤ뤫ˤĤƤϲʤȤȤˤΤ

Deal? This way I can tell my wife that youre a bum who wont repay what you owe, and you can tell your wife that Im a bum who wont give you a break.

־Ƥ뤫СϺʤФơڶ򾯤ʧȤʤȸȤǤƵդ˵ϼʬκʤФ䤬ڶޤƤȤʤΩǤȸȤǤ롣

 My wife wont come after me with a cleaver, and yours wont ask you to take that vacation you cant afford.

ֻκʤäƻɤ뤳ȤϤʤκʤϡФƵٲˤˤĤƤȤϸʤǤ

Plus, we can keep meeting in luxury hotels, far from our nagging wives, to negotiate your LOL repayment terms.

֤ޤ˲桹Ϥ줫⡢ѤʤƨƹڤʥۥƥDz³뤳ȤǤ롣ǵμѾڽλʧĤΤ

ǡǤ礦

ɥĤΥꥷФ븷ݡΤ褦б֤Ф꤬ƻ򺣤ʤΤǤ

ѤȡƳɥĤͥΤ⤷ޤ

âͥ򤢤餵ޤˤƤޤȥ磻դʸ줫ͤʤΤǸäƤ롢ȡ

ˤƤ⡢Ť˹ͤȡꥷĤ̤˥Х󥹥Ȥ˷׾夹뤳ȤԹǤʬΤǤ

ȤȤϡECBΥХ󥹥ȤˤǤȤȤǤ

Ǥ⡢ǤФʤΤȥ桼ޤߡɥĤ͢ФˤȤäƤϥץ饹ˤʤȤߤȤʤäƤΤǤ


Ȥäơ̱ФƤΤȤϸʤΤʤȻפäå򤪴ꤤפޤ

͵blog󥭥󥰤

Υȥ꡼ϤƤʥ֥åޡɲ

ǤμĹβ񸫤ˤʤäǤ礦

ȿʤƤͻҤϤʤǤϤʤǤԹΰȤˤϸĤޤޡ

â簭¾¸ߤƤǡμĹդƤʤϤΤǤ

䡢פΤǤǤʴȤȤμԾͻϺ褷ƤʤʤʤΤǤϤʤȡ

ΤȸСǤȤȤγưϡŤФǤϤʤɱһȤ丶ϻȤʤɡȤδطΤ⤢뤫Ǥ

ǤϡȤδط̩ܤǤȡʴʤɤԾͻʤʤʤȸС

꤫Ż뤿ˤϡ¾ҤäƤȤŷʤФʤʤǤ

ݡϩȤȤǡŷʤȤ⤢ǤʤС餯Ż˶ᤤΤˤʤäƤޤǤ礦ޤ¾ҤƤ뤳ȤǤ뤷ȡ

ŷʤȻŻʤȤȤϡŷлŻȤȤǤ

äơŬˡʹ԰٤ȤϸʤΤǤϤʤǤ礦

Ǥ⡢ŬˡǤʤ⤷ʤIJȤĤȽ򤫤魯ʤΤǤ

ǡɤХץ饤󥹤ΰռޤȸΤǤ礦

פˡɽŪˤϹˡʤ顢¼ŪˤϰˡǤ뤳Ȥޤ̤äƤ뤳Ȥ¿ΤǤ

ϡǤˤؿޤäƤޤʤ󤫤ϰΤʤȤڹ礤ǤϤʤΤǤȤΤ⡢Ϥ䰭ϤۤɤǤϤʤǤ礦ŪˤϹˡʤ⡢¼Ūˤϲˡȿι԰٤̢䤷ƤȸäƤ⤤ʤΤǤ

ʤȡ˶Ф᤿ȤΤͤʤQߤʤΤʤΤǤ

βײĹȸС꡼ȥȸäƤǤ礦Τ褦ʱŻϥΥ󥭥亴䷸ĹʤɤǤƤΤǤ

פˡִ̱Ȥ⡢ץ饤󥹤ʤƸäƤ⡢ޤޤ˺դƤʤ󤫤ϤʤΤǤǡɽ̾μ³Ȥ뤫ȤȤФ忴Ƥ롢ȡ

ɤơʤȤǥץ饤󥹤餹ʤƤȤΤǤ礦

ȤǡǤʴ軻˴ؤƤϡΤ褦ʤȤŦƤޤ

ʣ׻

ʣ˥ȥåפˤϵդ館ʤ

Ǥ⡢ȤäɤǤפɵ᤹ΤƱפɵ᤹ȤΤʤǤ⡢ʴʿǤȤȤǤʤȤǤ顢׻ΤˤˤŬڤȤϻפޤ

ˡȥåפˤϵդ館ʤȤޤˤĤƤ⡢ɤΤ褦ȿǤƱ褦ʤΤǤϤʤǤ礦ȥåפ˵դ館ʤǤäȤƤ⡢ΥȥåפޤäȤʿͤʤ顢ʴʤƤषȦʤΤǤ

Ǥ˸¤ޤ󤬡ɡȤδطȤϡܲȷȤʬʤƤʤˡ⤽⥳ץ饤󥹤餹ʤƤäƤ⡢ϸä˲᤮ʤΤǤ

ǡºݤˤΤȤ뤫Τ褦ʻ郎˵ƤΤǡҲ𤷤ޤ

2005ǯ1222ȯФīʹˤǤ

ǤμҰ29ͤ02ǯȻʡ֣ŵܹΡפγزʻǼʤ򵶤ꡢ22ͤʤƤȤ狼äˤϰμ̳иɬפǤϵμ̳иȯԤؤǤڸ̾ʤγΤФƤϻȯФԹʼԣ̤ͤԣͤ22ͤˤĤƹʤä줿
ˤϸ̤ΤǤ

ֺȤʤä02ǯˡξǤؼƼ줿Ȱ150̾줿Ԥϡ߷סʤɤμʤˤܹȤ߷¤̳򤷤ƤΤФǤ롣Ǥ29̾ǧ᤺»ܤ()߶ȿ⤽ʾɵ򤻤ĴϽ餻ʤǤĴФơĤμҰɱģ̩̳˽ƤŪʼ̳и̳̩ΤʤȶŤ˼ĥǤ롣Ҥ̩ȸФɤʿͤǤ̳иǧ롣ǤϤɤΤ褦ʿͤǤǤƤޤΤμ̳иǤꡢΤλ»ܵؤʤΤȸ虜ʤסʤƿ̾Ƥΰѡ

餯ͤǤΤ褦ʤȤΤƤ⡢ǤСΰռ餤ǤޤΤǤϤʤǤ礦

Ĥޤꡢֿ桢Ϥݤʤ

ĹäڻϡĹˡšˤ⤰ꤳǸȯƲƯ丶ȯϧ͢ФФƤȸƤޤȤȤηӤĤäȤ⡢Υ롼ȿϸƨƤ館ȤλפˤĤʤäǽΤǤ

ȤȤǡǤƽȯʤƸäƤ⤽μޤѤ뤳ȤϤʤȻϻפΤǤ

ŷ򤤤äڤˤʤȤϸȤ񤷤ΤʬޤʤƤ⼫ʬδȤȴطζ꤫ŷϸ餷Ƥ褦ϤΤڤȻפΤǤ

󼡰դˤʤäƤ顢ŷϵꤷƤǤ顢ǤʴʤʤϤʤΤǤ


ʤưϡƤȤϴطޤ



ʴ軻Ȥռ夹Ȼפå򤪴ꤤפޤ

͵blog󥭥󥰤
Υȥ꡼ϤƤʥ֥åޡɲ

Ǥʴ軻꤬ʤ˺äΤȰȤƤޤ

⡢פޤ󤫡

ˤƤ⡢ճŸˤʤäƤ뤳Ȥ礭ʶäǤâԶ࿵ʤ褦ǤߡϡλȤƤѶ̣椫Τ¤Ǥ

ȤΤ⡢֤ФĤˤĤ⹳褬ԾͻطʤˤʤäƤʤ󤸤Ƥ뤫ǤŪ˸СȺĹγμäơĹɤФȤΤԾͻȯФΤäˤʤäƤ롢ȡ

ˤƤ⡢ΥɥɥȤޤ餫ˤʤäƤޤäΤ⡢ߤȯߤʤȤäƤ뤫ʤΤǤ

Ȥ顢ȯϡѤȤƯƤȸ뤫⤷ޤ

ΰǡޥߤʤɤ̤ŬڲפʤƸ򤷤Ƥ뤳ȤѵˤʤȤʤΤǤ

Ǥ礦

줬ʴ軻ǤʤơʴʤΤǤ礦



ʥޥߤĤƤȤϴطޤ

⡢3ĹδͿ¤Ǥ뤫餳μǤƤǤ顣

Ǥʤʤ鼭ޤ

Ǥ⡢᤿餽ǺѤΤǤ⡢Ȥ顢饤֥ɥȤΰ㤤ϲʤΤ䤦ƤߤΤʤΤǤ

ΤΤ褦ˡٹϡҳѱפ׷׾夷50ߤʴˤΤˡǤȤͳ2ǯ6μ·줿ǤĺǤηϡʴۤʤƤ1500߰ʾ塢ˤäƤ2000ߤˤȸƤǤϤޤ󤫡

⡢̡ʴ軻ʤƤΤϡȥåפ;٤ʤȤ˸ϽФʤΤǤǤξϡȥåפȾʴפƤȤ⡣

Ĥޤꡢ⤷Ǥľ˷軻ȤǤ顢ۤäȾäꡢֻäĤǤȻפǤ顢äƤߤСΤ褦ʷбƤ˧ʤҤγȤ٤äƤȸƤʤΤǤ

Ǥ⡢ФǽʤΤǤ礦

Ǥ硩Τ褦ʤȤؿޤȥåפñ˥ݥȤ򼭤Ǥޤ̤ʤơ

ʤȤ򷫤֤ƤФꤤΤܤϤĤޤǷФäƤήˤʤʤΤǤ

ǤϡΡǤ˴ŤΤǤ礦

ϡǤ̾ȤȻפƤǤ

ˡ⤽ʴΤϤɤǤʤ꾮ʤäƤΤǤϤʤȤפȷбļԤˤ뤫餫⤷ޤ

˸Сʴ軻ܤ餻ʤФʤʾڷƻѰȤβȿˤ⡢ηиʴΨ褷ƺ䤷褦ʤɤռ夤Ȥ夲ȻפޤΤȸȡ⤽̤ͤϡΤ褦ʤȡŦȯˤ򤷤Ƥ⡢⼫ʬˤȤäˤʤ뤳ȤϤʤȤפ뤫ǤǤʤΩƤʤȡ

ͤޤǤ˸СʴɤΥ᥹ΤϡξȤþäǤꡢȤþ⤷ƤʤΤʴƵŦȯʤɤȤΤϡޤؤ㤬ʤȸäƤǤ礦

Ǥϡ塢ηϷʤɤȯŸǽΤǤ礦

η˴ؤְdzʹפϼΤ褦˸äƤޤ

֤㤢Ǥ̿ϤɤʤΤǤ礦

Ŭڲספʴ軻פ˳ʾ夲ˤʤ뤳ȤϤʤﲽѻߤ⤢ޤ

ǤϡɤȶԤ򤬲ȾȾδȡפˤʤäƤޤǤ

ɤͤȤȤŷǤķɡͤϡܤȤƿ򤹤뤳Ȥ⼫ʬŷݤ뤳ȤȤȤʤΤǤ

ʤȤǤΤǤ礦




ˤƤ⡢Ǥ󤤤ʤȻפäå򤪴ꤤפޤ

͵blog󥭥󥰤

Υȥ꡼ϤƤʥ֥åޡɲ

ꥷ򰷤äƤΤǾ˰Ƥ⤤Ȼפޤ

¤ϻ⤽ʤΤǤʤꤷƤΤ褦ʵޤ

âˤƥꥷ㤬٤𲽤ƤΤǤ顢褤軰ꥷٱ礬¸줽ʵۤˤϤʤäƤƤޤ˽ˤϥꥷζԤĶȤƳȤ˥塼äƤƤޤ

ȤȤǡ괺ǰξ֤ȴФȤǤˤ⸫ǤǤ⡢ޤ礬ΤǤ

ȤΤ⡢ɥĤʤɤδĤιˤƵIJξǧɬפ뤫Ǥ

ǤϡɥĤεIJǾǧ븫̤Ϥɤ٤ΤǤ礦

BBCϡΤ褦󤸤Ƥޤ

MPs divided

ֵIJΰոʬ

The Bundestag is expected to begin voting on a mandate for the bailout talks at 10:00 local time (08:00 GMT).

ϢˮIJϡϻ֤10ʥ˥å֤8ˤ˳񤷡ꥷٱ綨Ĥ˴ؤɼԤȤߤƤ

Chancellor Angela Merkel has urged MPs to back the deal, saying she was "absolutely convinced" it was the way forward.

֥륱ϡǻ֤ɤʤȳοƤȸäơİ˵İƤٻ褦Ƥ

But the BBC's Jenny Hill in Berlin says Mrs Merkel can expect a stormy session, with many MPs in her centre-right CDU-CSU alliance saying they will vote against the measure.

֤٥ߤBBCJenny Hill ϡĤϹӤ줽ǤȸȤΤ⡢ƻɤCDUCSUεİ¿ηˤȿФȸäƤ뤫Ǥ

However, coalition partners the SPD and other smaller parties have said they will support it.

֤ϢΩѡȥʡSPD¾ξޤϻٻȸäƤ

ǡǤ礦

⤦ȷФǤ

ˤƤ⡢ޤꥷ㼫ȤäȤäȳߤԤϤĤʤȤˤϤɤˤʤޤ͡Τ褦ʤȤ˴ؤɥĤ򤷤ꡢϥꥷ㤬¾˶𤦤褦ʤȤϤʤΤǤ礦



Ԥ3֤ĶȤٻߤơ褯кѤäƤʤȻפå򤪴ꤤפޤ

͵blog󥭥󥰤
Υȥ꡼ϤƤʥ֥åޡɲ

ΥڡΥȥåץ