Mizuho Holdings – Stark’s Resignation Shocks Global Markets.

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<h1>Mizuho Holdings – Stark’s Resignation Shocks Global Markets.</h1><strong> Author: <a href='http://www.articleseen.com/profile_SimonHern.aspx'>SimonHern</a></strong><br /><p>“Mizuho Holdings” says it regards the resignation of Jurgen Stark, a top German official at the European Central Bank, as a “game changing event”. “The press release may have said that Mr. Stark resigned for personal reasons but the markets think it is over his staunch opposition to the ECB’s policy of buying up Eurozone bonds in order to support debt-burdened Italy and Spain,” said the senior vice president at “Mizuho Holdings”. The resignation will intensify speculation about a deep rift at the heart of the ECB over its handling of the European debt crisis and the steps that should be taken to devise a solution. A currency trader at “Mizuho Holdings” said, “The euro sold off heavily and hit new 6month lows against the US dollar. There’s speculation that Greece will default over the weekend and even talk of Germany leaving the EU.” Mr. Stark’s abrupt departure from the central bank is thought to be indicative of an absence of unity in terms of ideology and resolve to address the worsening problem of European debt. Markets are looking for credible and decisive action from policymakers but with several EU countries still trying to negotiate side deals with Greece over the country’s second bailout, market volatility looks set to continue. “The press release may have said that Mr. Stark resigned for personal reasons but the markets think it is over his staunch opposition to the ECB’s policy of buying up Eurozone bonds in order to support debt-burdened Italy and Spain,” said the senior vice president at “Mizuho Holdings”. The resignation will intensify speculation about a deep rift at the heart of the ECB over its handling of the European debt crisis and the steps that should be taken to devise a solution. A currency trader at “Mizuho Holdings” said, “The euro sold off heavily and hit new 6month lows against the US dollar. There’s speculation that Greece will default over the weekend and even talk of Germany leaving the EU.” Mr. Stark’s abrupt departure from the central bank is thought to be indicative of an absence of unity in terms of ideology and resolve to address the worsening problem of European debt. ------------- Marketmedia Co. is a full-service social media marketing agency, serving clients in a variety of industries worldwide. The agency is focused on thought leadership content creation and syndication, social media outreach and strategy. Recognizing that all client needs are different, and that one size and flavor of social media solution definitely does not fit all scenarios, Marketmedia Co. crafts unique, dedicated solutions to each client’s individual requirements. These solutions can include blog creation and optimization; social media outreach and promotion; lead generation using social media; physical and virtual event marketing to engage top bloggers; Twitter and social network strategy, marketing and execution; and viral video strategy, creation and outreach. </p><strong>About the Author:</strong><br />http://www.articleseen.com/Article_mizuho-holdings-rumors-abound-on-euro-crisis_87554.aspx<p> Article Source: <a href='http://www.articleseen.com/Article_Mizuho-Holdings-–-Stark’s-Resignation-Shocks-Global-Markets_92104.aspx'> http://www.articleseen.com/Article_Mizuho Holdings – Stark’s Resignation Shocks Global Markets._92104.aspx</a></p>

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Keywords : Mizuho Holdings, MizuhoHoldings, Mizuho,

Category : Finance : Finance