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.
Nicolas Sarkozy endorses Mario Draghi as the next president of the ECB; FT reports that Merkel will also soon come out in favour of Draghi; German commentators grudgingly accept Draghi, but ask for a quid-pro-quo; the ECB now says that a Greek default would be worse than Lehman Brothers; Gerald Braunberger says the ECB is irresponsible; Wolfgang Münchau says Europe's politicians are out of their depth in crisis resolution, and are now vulnerable to hugely expensive quack solutions; Eurostat has revised Greek and Portuguese 2010 deficits upwards; eurozone 2010 deficit only marginally higher than in 2009; Greek two year bonds shoot up to over 24% as the markets now expect a debt restructuring; Spain has to pay a markedly higher price for its latest T-bill auctions; the ECB has not been able to fully sterilise its bond purchases; euro shoots up to near $1.47, as bond spreads deteriorate; the US housing bubble, meanwhile, has now completely reversed according to the latest Case/Shiller house price statistics.
by Frank Schnittger - Jul 1 70 comments
by chumchu - Jul 2 27 comments
by Metatone - Jun 29 50 comments
by Frank Schnittger - Jun 28 32 comments
by Luis de Sousa - Jun 28 24 comments
by DoDo - Jun 23 22 comments
by das monde - Jun 26 34 comments
by Frank Schnittger - Jun 20 355 comments
by chumchu - Jul 227 comments
by Frank Schnittger - Jul 170 comments
by Metatone - Jun 2950 comments
by Luis de Sousa - Jun 2824 comments
by Frank Schnittger - Jun 2832 comments
by das monde - Jun 2634 comments
by DoDo - Jun 2322 comments
by gmoke - Jun 233 comments
by DoDo - Jun 214 comments
by Frank Schnittger - Jun 20355 comments
by melvin - Jun 1560 comments