Comments by Csaba Csedo

well you guys in the UK and the US for that matter are seemingly hate the euro as a competition for your currency. Let me tell you this: the euro is here to stay, and as long as at least Germany sticks to it will be a more viable currency than the sterling for sure... The rating agencies are playing games but they are about to face tough regulation at least from Europe it seems, but soon from the Chinese side as well. And there is a need for unbiased rating agencies to be set up ASAP.

well you guys in the UK and the US for that matter are seemingly hate the euro as a competition for your currency. Let me tell you this: the euro is here to stay, and as long as at least Germany sticks to it will be a more viable currency than the sterling for sure... The rating agencies are playing games but they are about to face tough regulation at least from Europe it seems, but soon from the Chinese side as well. And there is a need for unbiased rating agencies to be set up ASAP.

it has to be understood that the central bank chief is a public servant just as all the others who fall under the new legislation, paid by the Hungarian taxpayer. Is it normal that for instance the FED chairman salary is about 190 000 USD, while the Hungarian Central Bank chief gets about 500 000 USD??

Lets focus on real issues, the IMF should be worried about other issues indeed..especially about its own future as a serious player on the global stage.

Dear Sir,

Interestingly enough, this whole euro issue at this elevated level started to surface when some “pundits” started to fret about the euro possibly taking over the USD as world’s reserve currency. This is not to say that there is no trouble around the euro, but the coincidence is obvious.
And then suddenly there is less talk about the massive US and UK budged deficit. Do not forget that one of the root causes of the global financial meltdown can be traced back to the US banking sector, its reckless practices, backed by the credit agencies.
Question: why would Europe for instance always listen to those trying to discredit its political and economic establishment and integration?? Shall anyone still believe the battled credit agencies? You should rather regulate these guys.
As long as Europe produces the strongest brands, and one single member (Germany) is still the second largest exporter in the world, it is only up to us to solidify Europe's and the euro's global positions.

Csaba Csedo