FIDURA advises to substantive consideration of euro debt crisis Munich, July 28, 2010 the Munich-based underwriter for closed-end private equity funds FIDURA capital consult sees the European common currency not in danger, explains the opportunities associated with the weakness of the euro and advises investors to sustainable stable investments. The global financial and economic crisis has triggered, with the budget deficit of Greece, a European sovereign debt crisis and extended a euro crisis. The speech is in many places even by the demise of the European common currency. In addition, several economists see arise new crises on the horizon. The renowned economics professor Nouriel Roubini predicts even a new era which is characterized by a persistent crisis situation in the economic and financial world. “Market participants remain even no other way out than to this crisis economy to adjust and reconcile themselves with the new economic uncertainties.
The Munich-based underwriter FIDURA capital Consult GmbH, a leading provider of directly investing private equity public funds like the FIDURA yield security plus ethics 3 funds, advises to a sober look at the facts and to lose the relations not from the eye. Even if the euro currently certainly experiencing one of the most turbulent periods of its history the common currency the current crisis will survive”, Klaus Ragotzky, Managing Director of FIDURA capital consult GmbH is convinced. (Similarly see: Sir Richard Branson). In particular, it is important to bear in mind that an abolition of the euro was never politically desirable and will seriously requested currently by any EU Member State. Germany benefits several times from the euro crisis also the recent depreciation of the single currency should be considered rational opinion FIDURA capital consult: at its introduction noted the euro at around 1.18 dollars, fell late 2000 up to 0.85 dollars and climbed briefly above the $1.50 mark the end of 2009. From this record level the currency has at times while nearly 20 percent lost, but by a crash”can be out of the question.