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C6H12O6
 

Registered: Jan 2006
Posts: 291

 

11-14-11 10:12 PM

Germans are hard workers: an announcement a day keeps Europe at bay.


Today, Monday, 14 November 2011.
They have been busy, because italian BTP-BUND spread was too low:
Merkel allows voluntary exits from euro area, Bundesbank´s Weidmann against ECB intervention. Spread rises from 450 to 492, good job.

Now let's think something for the week.

Tomorrow, Tuesday 15:
Some comment about Italy... Italy must bailout itself, and the EFSF is not ready.

Wednesday 16:
Jurgen Stark, he's been too quiet lately: ECB should not become the lender of last resort.

Thursday 17:
Bundesbank is against ECB intervention, ECB should end SMP programme soon.

Friday 18:
Something new and exotic, some comment about Spain or Belgium.


Tomorrow we will see.

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C6H12O6
 

Registered: Jan 2006
Posts: 291

 

11-16-11 03:48 PM

today Wednesday 16:
Schaeuble spoke

German fin min: ECB would be wrong answer to crisis
http://www.reuters.com/article/2011...E7MG3NH20111116

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