Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Four out of six members of the executive board are from mediterranean countries now, and these countries generally prefer a weak euro and, currently, low interest rates to stimulate growth (as I said, I disagree with both sides at this time).

I expect that national policy will trump ideology, so the German/Dutch/Austrian hardline policy and the Mediterranean demand for lower interest rates should cancel each other out. It's not a naive scenario - it's what's been happening so far this year.

by nanne (zwaerdenmaecker@gmail.com) on Sat May 31st, 2008 at 08:24:34 AM EST
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