Local time the morning of 27th, eurozone Summit after nearly 8 hours of marathon negotiations, it finally Greece debt writedown, the enlargement of the European financial stability facility (EFSF), banks and tighten financial supervision package agreed.

　　Since last year, European debt crisis, and became depressed global capital markets the maximum bad. Eurozone Summit at last the prescribed a dose of medicine to European debt issues, also the global market to ease long breath. This positive boost, 27th in Europe and the stock market rose strongly, Asia stocks continued to rebound. A-shares five even Yang was received this week, up 6.7% huzhi week, posting its biggest weekly rise during the year.

　　”The worst days of the past”

　　Rescue European debt crisis, the most fundamental issue is to provide long-term loans to indebted countries, and to gradually reduce its debt levels. Therefore EFSF is considered as Europe debt crisis best hope lies. However, after the EFSF is too small, less than huge hole to fill highly indebted countries. Expansion EFSF becomes the crux of the problem. However, after Euro-parties on the programme there was a fierce debate, with Germany as the representative of the Nordic countries, is not willing to put their own money to Greece, and Italy’s national debt to pay.

　　However, once the European debt crisis is worsening throughout Europe and the global economy in great distress. Germany Angela Merkel said that saved Greece is saving euro is saving the European Union. In the euro-zone leaders ‘ Summit, euro-zone leaders have finally reached a compromise, agreed to move the existing relief mechanism of the European financial stability facility the size of enlarged to 1 trillion euros (US $ 1.39 trillion) in order to deal with the debt crisis. 1 trillion size of the euro, compared to EUR 440 billion, an increase of 1 time times is sufficient to deal with the situation even worse.

　　In addition to EFSF expansion, European banks also agreed to hold Greece debt half written down, that European banks hold Greece face value of these bonds will shrink by 50%. According to estimates, as currently written down programme, the European banking industry losses of 100 billion euros (US $ 139 billion) or so.

　　Greece Prime Minister George Papandreou said: “this is Greece the new day, and not just Greece, or to all of Europe. Let us hope that the worst days of the past. ”

　　Hong Kong stocks winning run on 6th

　　Over the years, the European debt problem has become hangs in the head with a knife in global capital markets, each sign of global stock markets are in turmoil after main stock indexes in Europe and United States stock index even record low, is Europe worst bad-debt problem.

　　In the eurozone after the leaders ‘ Summit to European debt problems out of the prescription, get a definitive solution of the external debt crisis, global stock markets short term will be boosted. European and American stock markets rebounded on the 27th day. Among them, United Kingdom FTSE 100 index surged 2.89% France CAC 40 index jumped 6.28%, Germany DAX 30 index also rose, by 5.35%. Subsequent opening of United States stock market or be affected by the positive stimulus, coupled with the United States economic growth in the third quarter amounted to 2.5%, creates the biggest gain in the year, also propelled the United States three major stock indexes continued strong rally, the Dow Jones industrial average back above 12,000, at 12,208 points, an increase of 2.8%.

　　28th Asia Pacific stocks ushered in General Rose pattern, Tokyo’s Nikkei index compared with the previous trading day up 123.93, or 1.39%. Hong Kong stocks have been lost for 6-day winning streak, recapture of landless peasants in September.

　　China Yang-huzhi five continuous

　　Overnight shares surged in Europe and stimulating, sharp Gap in the a-share indices of the two cities advance yesterday, financial, real estate, resource stocks and other blue-chip stocks took turns punches, stocks continued to perform, eye-catching. To close, huzhi 2,473, or 1.55%, charged five even Yang out; on Thursday sharply compared to turnover increase by more than 40%, again returning to 100 billion yuan mark.

　　Seen from the periphery, this week huzhi week up 6.7%, szse Chengzhi is rose 8.9%, posting its biggest one-week rise during the year. Week k-line diagram, Dayang swallow long yin, a strong feature significantly, and 5-, 10-line on the station, is at the end of July since the adjustment for the first time on the 10-week line.

　　Guangzhou Bandung published report indicates that, after five continuous rising of Yang, stock index has fallen for successfully broke through the short-term trendline of repression, means that staged the bottom has been formed, Outlook will gradually entering an upward trend, a large wave of backlash brewing, bounce high initial seen near 2600-2625. If during a major positive policies, did not rule out stock indexes will usher in more big gains, Outlook may be concerned about the message of change. (Nanfang daily reporter Tian Zhiming)