Special: German Elections 2013 (updated)
Roundups & Commentary
Frontrunning – ZH
The Lunch Wrap – alphaville
/ FT
Emerging N.Y. headlines – beyondbrics
/ FT
EU daily news – Europa
Daily press summary – Open Europe
Merkel: ‘Our European policy course will not
change’; CSU Head: ‘I will not talk to the Greens’ about forming a coalition
Dollar Drifts Higher Amid Man Bites Dog News Flows – Marc to Market
EUROPE
Many European leaders
have started to claim credit for the recent improvement in economic conditions
in the Eurozone. The boldest example was certainly the op-ed written last week
by Wolfgang Schauble where Germany's Federal Minister of Finance used the good
news to claim vindication over the skeptics of the European approach to the EMU
crisis. Beyond the colorful reactions that it generated (see for example
Ambrose Evans-Pritchard), this controversy certainly shows that the battle for
the narrative of the recovery has already started.
Banking crisis: ‘Draghi, prepared
to expand ‘lending lifeline’…and Merkel to maintain her European policy’ – Presseurop
Ifo Business Climate Edges Upwards – CESifo
Index rose for the
fifth time in succession. Although companies assessed their current business
situation slightly less favourably, their business expectations were once again
more optimistic.
ASIA
BOJ Survey Likely to Show Sentiment at 3-Year
High – WSJ
OTHER
As election passes, German election keeps on
chugging – MacroScope
/ Reuters
(good roundup of the
current European events)
Ill Communication? – TradingFloor
Neil Staines: As the
economic calendar thins, and following on from the FOMC decision not to taper
last week, we look at the importance of communication going forward, recent
mistakes in communication policy and the focus of rhetoric and communication
this week.
FINNISH
PTT-ennuste:
Talous elpyy väliaikaisesti – PTT
Suomen talouden supistuminen pysähtyi kevään
aikana. Loppuvuoden kasvu on kuitenkin hapuilevaa ja koko vuoden tasolla talous
supistuu 0,3 prosenttia. Ensi vuonna talouskasvu kiihtyy 2,3 prosenttiin (julkaisu,
lehdistötiedote,
kalvot).