EUROPE
Eurozone: ‘Fear of
the D-word’ – Handelsblatt
/ Presseurop
It’s all Greek – MacroScope
/ Reuters
The EU/IMF/ECB troika is due to return to Athens to resume a review
of Greece’s bailout after some
sparring over budget measures.
Worry about the euro,
not the EU – FT
The union is not compatible with a single currency in the long run
No end to the euro
crisis in sight – FT
The scale of the required adjustment is enormous and the IMF does not
believe it will happen
The ECB’s easing
dilemma – FT
Given the overnight market rate is already as close as possible to the
ECB’s zero rate corridor floor, it is the levels of market liquidity and
forward rates that are likely to determine how easy eurozone monetary
conditions are, including the euro’s exchange rate
BLAME GERMANY
The real problem with
German macroeconomic policy – mainly
macro
What’s wrong with
Europe? – voxeu.org
Unlike the US, Europe
is struggling to recover from the crisis. This is especially the case in
certain European countries. This column discusses why the process of
convergence in the Eurozone has slowed down. It proposes a way for European
institutions to cope with the structural problems – with individual
country-level reforms and a federal budget. Otherwise, the alternative could be
a disintegration of the Eurozone.
Satyajit Das: Weakness in the periphery will affect German economic
prospects
UNITED STATES
Money, Markets And
Macro In 61 Charts – ZH
Michael Woodford
Warns "By Blinking [On Taper], [The Fed] Has Made A Negative Reaction More
Likely" – ZH
Dallas Fed’s Fisher
Says U.S. Economy ‘Hog-Tied’ by Government – BB
Fed's Fisher says
U.S. government bears blame for slow recovery – Reuters
An ineffective, fractious and fiscally irresponsible government has
slowed the U.S. recovery and counteracted the stimulative effects of Federal
Reserve's super-accommodative monetary policy, a top Fed official said on
Monday.
November Sentiment Summary - The Short Side of the Long
OTHER
Event Risk: Down But
Not Out – ZH
Things That Make You
Go Hmmm... – ZH
Dylan Grice:
"There Is A Widespread Perception That Something Is Very Wrong" – ZH
FINNISH
Ranskalaisprofessori: Ainoa mahdollisuus on
antaa euron hajota –
HS
Kuka pelkää luottoluokittajaa? – TalSa
Luottoluokituksen
menettäminen hirvittää päättäjiä. Moody'sin analyytikko valittelee, että
luottoluokittajia käytetään myös politiikan välikappaleina.
EKP vesittää sijoittajavastuuta – TalSa
Euroopan
keskuspankin pääjohtaja Mario Draghi on valmis jatkamaan veronmaksajien
kurittamista.
Tiedustelupaljastukset jatkuvat: Ruotsille
erikoinen maininta –
Verkkouutiset