FRANKFORT | Frankfurter Allgemeine Zeitung‘s editor Frank Schirrmacher: “What sovereign rights and competences do we have to transfer, also Germany, to build a strong continent? Europeans will have to decide what price are we ready to pay for a cooperative Europe.”
LONDON | The Swiss approach sounds exactly like the type of relation the eurosceptic Iron Lady wanted for Britain regarding the EU. But the path is punctuated by so many partial surrenders that it almost looks not worth the effort, the City appears to think.
MADRID| By Luis Martí | Lower ratings undermine market confidence, and weak market conditions are displayed as a major cause of your own lack of confidence. Looping the loop. No wonder investors rely less and less on ratings agencies.
MADRID | By Tania Suárez | Profim EAFI’s head of financial analysis José María Luna said in an interview for consensodelmercado.com that the ECB should cut interest rates the sooner the better.
What would you say the main drivers of the economy this year have been? When it comes to the US, experts point out to the euro turmoil
MADRID | The European economy desperately seeks ways to boost its recovery. Could it be so simple as to get a weaker euro, after all? wonders economist JP Marín Arrese.
Where there is the European Central Bank’s full capacity of purchasing short-term State debt, there is hope. Even the primary market has opened, although by understandably timid measures, for southern euro zone debt issuers at a sub-sovereign level like State agencies and autonomous regions. The financial City of Madrid expects this window of opportunity to expand and demand of government bonds to improve as it is already happening to banks…
Governments and markets are anxiously waiting for Draghi’s words to know what the ECB plans to do. They might be deceived by the lukewarm message he is likely to deliver. Central bankers have a keen expertise in saying as little as possible. Greenspan was an outstanding master in playing that game. Draghi while following his path, still needs some training to develop a fully persuasive oratory laden with a string…
By Tania Suárez, Madrid | Three resignations are likely to take place soon in the Bundesbank: Weber, Stark and now Weidmann. Barclays experts say “the death rate in this institution seems unusually high.” The Bundesbank is impressive in its power and majesty, but analysists consider “their lack of ability to adapt to the circumstances” is going to lead to its disappearance. Barclays team suggests that “the ECB’s adaptation contrasts with…
Renowned scholar on EU law, Gunnar Beck was an adviser to the House of Commons, a practicing barrister and a professor at the School of Oriental and African Studies in London. He believes that Germany’s guilt complex and short-term reasoning will lead her to continue defending the euro, while Chancellor Merkel’s policies show that Germany has still not become a properly sovereign and democratic nation yet. This article was recently…