Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
The only solution to this crisis seems to me for the ECB to buy sovereign Euro debt with newly issued currency using private banks as intermediaries.

And for someone to bang a few heads together in the Eurogroup to get a coordinated fiscal policy.

Otherwise, we'll end up with Germany standing on top of a pile of defaulted bonds from the rest of the Eurozone.

The brainless should not be in banking -- Willem Buiter

by Migeru (migeru at eurotrib dot com) on Wed Apr 28th, 2010 at 11:09:58 AM EST

Others have rated this comment as follows:

Display:

Top Diaries

Impeachment gets real

by ARGeezer - Jan 17
25 comments

A Final Warning

by Oui - Jan 10
112 comments

Environment Anarchists

by Oui - Jan 13
4 comments

More Spanish repression

by IdiotSavant - Jan 6
8 comments

Occasional Series