The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
Budget committee says automatic capital rule of the ESM both unacceptable and unconstitutional; wants to subject each capital increase to a vote in the Bundestag (which would probably impair the AAA-rating of the ESM; statement comes after German Court of Auditors handed out a ruling saying that Merkel understated the amounted of capital Germany is likely to provide, as it underestimates the possibility that other guarantors might not pay up; S&P says ESM is not going to impair the creditworthiness of its guarantors; Portuguese banks reduce ECB borrowings; polls suggest a close outcome of Finnish elections; AIB considers debt forgiveness for Irish mortgage holders; Troika frustrated about Greek authorities' failures on taxes and customs; 30 NGOs create a "Finance Watch" lobby group to counter the lobbying strength of the financial sector; the Netherlands threatens to block Iceland's bid to join the EU; Wolfgang Münchau argues that the lack of bond purchasing powers of the EFSF/ESM makes any voluntary debt restructuring options impossible; Lorenzo Bini-Smaghi, meanwhile, argues that it is fair for Irish taxpayers to shoulder the burden, as they created a financial centre based on lax financial regulation and low corporate taxes.
by Bernard - Apr 23 24 comments
by Frank Schnittger - Apr 22 41 comments
by Frank Schnittger - Apr 18 8 comments
by Bernard - Apr 10 27 comments
by Frank Schnittger - Apr 11 29 comments
by Frank Schnittger - Apr 10 15 comments
by Migeru - Apr 2 17 comments
by Bernard - Apr 2324 comments
by Frank Schnittger - Apr 2241 comments
by gmoke - Apr 22
by Frank Schnittger - Apr 188 comments
by Frank Schnittger - Apr 1129 comments
by Bernard - Apr 1027 comments
by Frank Schnittger - Apr 1015 comments
by Migeru - Apr 217 comments
by THE Twank - Apr 2
by Frank Schnittger - Mar 2933 comments
by THE Twank - Mar 29
by Frank Schnittger - Mar 282 comments