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Technology Stocks : Veeco Instruments-Who?
VECO 33.82+2.2%Jan 12 3:59 PM EST
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To: Zeev Hed who wrote (1447)8/28/1998 4:24:00 PM
From: Alan Hume  Read Replies (1) of 3069
 
Hi Zeev,

some of your comments are way off. German banks have loaned Russia some 55MM DM. However what you are probably unaware of is that these loans are insured in most cases by a government insurance agency (named Hermes), for 1-3%. So there is no fall back on other banks in Germany, France, Europe or anywhere else.
The forthcoming EURO is a holy cow, especially to the German and French Governments. Russia, along with all its debts, could be swallowed up by a black hole tonight, but it will not change the EURO

Regards
Alan
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