Europpan parlamentin Schulz maaliskuussa:
”Euroopan unionin suurimpia uhkia on, että ihmiset menettävät lopullisesti
luottamuksensa EU:n kykyyn ratkaista ongelmia. Jos nuoret menettävät
luottamuksensa, on EU mielestäni todellisessa vaarassa.”
Mistä hän siis on huolissaan? EU:sta vai ihmisistä?
Previously on MoreLiver’s:
Roundups &
Commentary
Frontrunning – ZH
Overnight: Buy In May As Global Easing Accelerates – ZH
The Lunch Wrap – alphaville
/ FT
Emerging N.Y. headlines – beyondbrics
/ FT
Daily press summary – Open Europe
Morning MoneyBeat – WSJ
Many Developments, Limited Price Action – Marc
to Market
Morning Briefing
(EU/US) – BNY
Mellon
The evidence continues to indicate a change
in appetite amongst reserve managers over the past three and a half years.
EUROPE
The Chronic Crisis That Is The Euro – The
Capital Spectator
The euro crisis will
either be resolved by redesigning its framework or else the currency will
inexorably move closer to an ignominious collapse, one day at a time. No one
will ring a bell when the point of no return has been crossed. The question is
whether we've already passed that tipping point and the ECB is merely
rearranging the deck chairs in a bid to engineer an orderly passage into
failure?
ECB
ECB Ponders Buying Toxic Debt of the Periphery – Mish’s
Don't Worry, It Will
Be "Fiscally Neutral" and Temporary
Monthly Bulletin, May 2013 – ECB (pdf)
Statistics Pocket Book May 2013 – ECB (pdf)
Target balances and monetary policy operations – ECB
(pdf)
Country adjustment in the euro area: where do
we stand? – ECB
(pdf)
An assessment of Eurosystem staff macroeconomic
projections – ECB
(pdf)
ASIA
The most important story in global economics
nobody is paying attention to –
Wonkblog
/ WP
China’s powerful State Council said it will move to open its borders to the
freer flow of capital.
Asian currency wars, exporting deflation and
the house price bind – alphaville
/ FT
OTHER
EMEA Weekly, Week 20 – Danske
Bank (pdf)
Great Graphic: Base Money and Money Supply – Marc
to Market
The US and Europe have diverged.
The US acted earlier and more aggressively to recapitalize the banks than Europe, for various and obvious reasons. Europe is also
trying to address the too-big-to-fail problem, while the US has been moving slower and pursuing a
different strategy.