Ireland won approval for an 85 billion-euro ($113 billion) emergency-aid package as European finance ministers battled to contain the fiscal crisis.
Ireland will receive 67.5 billion euros from the European Union and International Monetary Fund and provide 17.5 billion euros from its own pension reserves, Martti Salmi, a spokesman for the Finnish Finance Ministry, said today after EU finance ministers endorsed the plan in Brussels.
Your green company works better in Europe. In next 5 years Suzlon is expected to produce little over 10 gegawatts with current production of 5 gw only. On the other hand NHPC which is available at cheaper price is expected to cross 30 gigawatts. A hydel power plant doesn't need any running cost and only expense they have are turbines and dams. As long as water from Himalaya comes, you'll keep getting NHPC higher and higher. Suzlon is punters fav stock. Stick to those shares which are to make India's growth story and avoid speculative stocks like murli inndustries, delta corp, atul industries and xyz,
Euro will further weak afainst dollar. Spain and Portugal will come next with katora. And EU/IMF won't print notes to save Ireland, it'll be more liquidity wasted on some bad child.
I am a little scared of buying NHPC cause it has gone down so much and people are saying that it is quite inefficient and not very good long term prospects and may go down further. But, I have faith in your words more than theirs. Thank you.
Euro will further weak afainst dollar. Spain and Portugal will come next with katora. And EU/IMF won't print notes to save Ireland, it'll be more liquidity wasted on some bad child.