Registered: Jan 2006
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.
Jurgen Stark, he's been too quiet lately: ECB should not become the lender of last resort.
Bundesbank is against ECB intervention, ECB should end SMP programme soon.
Something new and exotic, some comment about Spain or Belgium.
Tomorrow we will see.