-
ECB cuts won’t fix economy, but they will anger Germany
The worst aspect of the move by the European Central Bank into negative interest rate territory is this: the easing action is the surest sign yet that the European debt crisis is not yet over. Read our full news coverage of the ECB. The second most problematic part of the ECB’s interest-rate package: it will manifestly run against the interests of Germany, the euro area’s EURUSD +0.10% biggest economy and the largest and most vociferous creditor. The fear is that a cut in the headline ECB interest rate to close to zero, and a reduction in the deposit rates to minus 0.25%, together with other measures to bolster ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 5, 2014 11:10am Jun 5, 2014 11:10am
- Guest
- | IP XX.XXX.106.154
- Comment #2
- Quote
- Jun 5, 2014 11:11am Jun 5, 2014 11:11am
- Greener
- | Joined Jan 2010 | Status: Member | 667 Comments
- Comment #3
- Quote
- Jun 5, 2014 11:42am Jun 5, 2014 11:42am
- Guest
- | IP X.XXX.5.30
- Comment #4
- Quote
- Jun 5, 2014 11:45am Jun 5, 2014 11:45am
- BlazeHun
- | Joined Nov 2011 | Status: Member | 79 Comments
- Comment #5
- Quote
- Jun 5, 2014 12:54pm Jun 5, 2014 12:54pm
- acidguy
- | Joined Aug 2007 | Status: Trading make u smarter. | 99 Comments
- Comment #6
- Quote
- Jun 5, 2014 2:10pm Jun 5, 2014 2:10pm
- Guest
- | IP XX.XX.255.142
- Comment #7
- Quote
- Jun 5, 2014 4:28pm Jun 5, 2014 4:28pm
- frx_trader
- | Joined Jun 2012 | Status: Analyst | 3129 Comments
- Comment #8
- Quote
- Jun 5, 2014 5:12pm Jun 5, 2014 5:12pm
- cjbooth
- | Joined Feb 2010 | Status: Member | 79 Comments
- Comment #9
- Quote
- Jun 5, 2014 7:47pm Jun 5, 2014 7:47pm
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #10
- Quote
- Jun 5, 2014 10:35pm Jun 5, 2014 10:35pm
- wlarimer
- | Joined Jun 2010 | Status: Member | 910 Comments