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.
Der Spiegel reports this morning that Angela Merkel wants Germans to run the Financial Stability Board and the Economic and Finance Committee in return for her support of Mario Draghi; she also wants to renegotiate some aspects of the ESM;European Commission opens an important investigation into the market for credit default swaps; the True Finns tone down their criticism of the EU bailout package for Portugal;the French government sees the 2011 deficit below the 5.7% target; more German officials have gone on the record in support of a Greek debt restructuring; Klaus Regling accuses banks of greed by advocated a Greek restructuring; the Irish government continues to forecast 3% GDP growth for 2013 onwards; the finance minister of Lower Saxony warns that the EBA's ruling on silent capital will undermine Germany's state banking sector; Daniel Gros says Ireland is solvent because of relatively low levels of external debt; Colm McCarthy, meanwhile, argues that the ECB's uncompromising stance on defaults is leading Europe to disaster.
I say Merkel has demonstrated in spades she's a xenophobe and she should be told to stuff her quid pro quo. If Germany was not able to muster a worthy candidate for ECB president, what guarantee can we have that the candidates they nominate for the Financial Stability Board and the Economic and Finance Committee will be qualified?
Economics is politics by other means
by Frank Schnittger - Jul 1 83 comments
by chumchu - Jul 2 28 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 35 comments
by Frank Schnittger - Jun 20 355 comments
by chumchu - Jul 228 comments
by Frank Schnittger - Jul 183 comments
by Metatone - Jun 2950 comments
by Luis de Sousa - Jun 2824 comments
by Frank Schnittger - Jun 2832 comments
by das monde - Jun 2635 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