Bakrie Group was Destroyed Indonesia rose

All the Group Bakrie shares were destroyed, so got ready to anticipate this situation that the market situation was uncertain. Like that was seen in the Indonesian Stock Exchange in the trade in the price index of the share of the combination (IHSG) was estimated resulting from the Fortis financial collapse.

Indirectly, Indonesia also was hit by his current. At least had several emiten the share that was held by Fortis, one of them was Bakrie Group. The big possibility, because of that also the Bakrie share plummeted. Fortis now is sick. The bankruptcy of the group of the bank and the insurance from Belgium and Luxembourg this became a concern personally for Indonesia.

As is known, Fortis got the injection of the fresh fund reached 11.2 billion euro or was equal USD16,37 billion from the Netherlands, Belgium, and Luxembourg.

Giving of this fund was decided after two big European banks, BNP Paribas SA and ING Groep NV, discussed to acquire Fortis at the end of last week.

As being quoted from the AFP, this agreement involved the government side that would to help capital to buy 49 percent operational the Fortis branch office in each one of their jurisdiction territories.

At least, Belgium will pay approximately 4.7 billion euro for 49 percent Fortis unit in the country. While the Netherlands paid four billion euro for ownership 49 percent of the Fortis share in the Netherlands. These rescue efforts made Fortis the European financial institution biggest that got the fund talangan, followed the occurrence of the credit crisis.

This rescue came after the French bank of BNP Paribas SA and the Dutch financial company, ING Groep NV, cancelled Fortis takeover discussions.

Hopefully this situation made us could be independent and not depend with the other Country, because by could manage personally all this country asset could give the profit for the Indonesian people not for the other nation.