-
High Noon at the ECB
This is where the real battle for the heart and soul of the European Central Bank begins in earnest. Up until now, the bank has just been tinkering in the sovereign bond markets. It has run to the rescue of peripheral debtors as needed, providing funding while politicians put together a more sustainable bailout mechanism through the European Financial Stability Facility. The ECB’s role has hardly been an easy one. Its bond purchases have essentially breached its central bank mandate for providing price stability in the euro zone and have frequently attracted criticism from stronger member countries, such as Germany ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Nov 14, 2011 7:52am Nov 14, 2011 7:52am
- Guest
- | IP XX.XX.50.189
- Comment #2
- Quote
- Nov 14, 2011 8:14am Nov 14, 2011 8:14am
- seanosms
- | Joined Nov 2009 | Status: Member | 142 Comments
- Comment #3
- Quote
- Nov 14, 2011 8:44am Nov 14, 2011 8:44am
- positiveday
- | Joined Feb 2010 | Status: Member | 25 Comments
- Comment #4
- Quote
- Nov 14, 2011 11:31am Nov 14, 2011 11:31am
- Taters
- | Joined May 2006 | Status: Member | 43 Comments
- Comment #5
- Quote
- Nov 14, 2011 11:42am Nov 14, 2011 11:42am
- positiveday
- | Joined Feb 2010 | Status: Member | 25 Comments