Previously on MoreLiver’s:
Current specials:
Special: IMF Outlook &
Kenneth-Rogoff
(updated)
EUROPE
…at least according to
Germany’s newly founded AfD anti-euro party, which is wooing voters from Angela
Merkel’s conservative camp and could—by a long shot—help push Ms. Merkel out of
the chancellery this fall.
Protecting the eurozone at all costs is
undermining IMF’s validity – The
Telegraph
Of all the
international organisations to have emerged from the ruins of the WWII, the IMF,
which holds its spring meeting this week, can reasonably claim to be one of the
more successful.
EU kills the patient again – alphaville
/ FT
Essentially, the
parliament refused to deviate from the scheduled release of new emissions
allowances, even though prices had already crashed because economic growth has
been slower than was expected.
European short-term
economic growth prospects remain weak because of rampant fiscal consolidation,
private sector deleveraging, and the temporary unsettling effects of structural
reforms. But European leaders continue to take important and constructive decisions
on bailouts and the banking union, suggesting that recovery will eventually get
on track.
EU 'losing £4 billion of taxpayer cash to
fraud' – The
Telegraph
Peers on the European
Union Select Committee found fraud against the taxpayer could be up to 12 times
worse than Brussels officials will admit.
ECB
How can the ECB fight fragmentation of the
eurozone? – Gavyn
Davies / FT
Great Graphic: Another Look at the EMU
Transmission Mechanism – Marc
to Market
German Bundesbank
President sat down with WSJ and addressed the economic outlook, upcoming
meetings of the International Monetary Fund and the recent bailout of Cyprus.
PIIGS
During a debate in the
European Parliament this morning, Olli Rehn, the European Commission’s economic
chief, got roughed up by MEPs lambasting the handling of the €10bn Cypriot
bailout by the so-called “troika” of international lenders, of which the Commission
is a member.
EU leaders under fire over Cypriot 'fiasco' – euobserver
Cyprus‘ parliament must ratify a 23-billion-euro (30.3 billion dollar)
international bailout deal in order for it to become valid, government
spokesman Christos Stylianides said on Wednesday.
Fed’s Beige Book: District-by-District Summary – WSJ
Fed's Beige Book: Economic activity expanded at
"moderate" pace – Calculated
Risk
A couple of commenters
were wondering why credit-to-growth ratio (or credit-to-GDP if you prefer) is
important anyway. We think there are a few good reasons as to why.
Ten ways to tell whether Abenomics is working – Breakingviews
/ Reuters
OTHER
(charts) Market Update: The Denial Unwind – ZH
FINNISH
Näin
Suomen kriisitaakka kasvaa taas vaivihkaa – Jan
Hurri / TalSa
Euromaat ovat taas sopineet kriisitoimien
tuntuvasta kasvattamisesta tavalla, joka maksaa miljardeja mutta jonka
kustannuksia ei ole tarkoitus oivaltaa. Samaan aikaan kriisitoimien taakka
siirtyy niin ikään vähin äänin yhä yksipuolisemmin euromaiden kontolle. Suomi
kuuluu vaivihkaisten kriisitoimien kustantajiin.
Loppu
tukipakettipolitiikalle – Olli
Immonen (PS) / US Puheenvuoro
Hallituksen
linja on (tai oli) Soinin linja – Lasse
Männistö (KOK)
Tänään eduskunta käsittelee jälleen yhtä
lukuisista opposition tällä hallituskaudella tekemistä välikysymyksistä.
Aiheena oli Kypros ja sen tukipaketti. Minulla oli kunnia, ensimmäistä kertaa,
pitää täysistunnossa Kokoomuksen eduskuntaryhmän ryhmäpuheenvuoro.