Euro Euphoria to Fizzle on ECB- EU Looks to Buy More Time

Euro Euphoria to Fizzle on ECB- EU Looks to Buy More Time
The Euro climbed to an overnight high of 1.2954 asEuropean Union Economic and Monetary Affairs Commissioner Olli Rehn pledged to do whatever it takes to combat record-high unemployment, but it seems as though the European Central Bank (ECB) will …
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ECB's Praet calls for caution on bank deleveraging
"We have to be very attentive that the balance sheet adjustment doesn't lead to macro conditions that will put pressure on the downside of price stability," Praet, who is in charge of the economics portfolio on the ECB's six-member executive board …
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The periphery's problem is an incomplete internal devaluation
A recent Free exchange column discusses the European Central Bank's troubles in providing support to peripheral economies (summary here). We are inviting experts in the field to comment on the piece and related research. Michael McMahon, a …
Read more on The Economist (blog)

EU Assembly Delays ECB Supervisor Approval on Democracy Concerns
EU leaders called last year for the ECB to take on oversight powers for euro-area lenders in a bid to untangle the finances of banks and governments. The single supervisor for the euro area is a precondition for banks to get direct aid from the …
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