ECB's Coeure: rates to stay low, Europe needs more investment

Coeure, don't bet you money on it - your first interest rate hike will be early 2015 to at least to remove the negative interest rates and return it back to zero ...

Invest in Europe hmmmm, naa way overpriced and as for Brussels . Not so much

Why invest in Europe or US when the east is so much cheaper. Central bankers are making a fool of them selves and those that listen to them if they think they can help improve the economy just with policy changes.

The entire west basically needs structural changes. The west simply is too costly to compete with the east. East literally has slave labor. There is no way Europeans or Americans can work under those conditions.

The best possible solution would be for people in the west stop supporting cheaply made imported goods. They should buy local made goods even though expensive as that would bring manufacturing jobs back home and result in a better economy. Big corporations will never play this role as to them its all about the profit which can only be made by importing cheap goods. This should be a joint effort by locals to by products made by their own country.

Thats a nice theory, but will you pay $1000 for shoes and $10k for a 40'' TV, when its produced under normal labor conditions? The economy is beyond screwed, there is nothing to fix it, its too late, too many countries involved, well, the whole world, so lets enjoy what we have until there is nothing left for anyone.

Totally agree, further suggestions for the West are to have a good look at the benefits structure and re-name certain items for what they are

1/ Banks, sorry to say it chaps but, you guys are the biggest benefits cheats in history. Your bad work and incompetence led to this current mess, suggest we shut these institutions immediately , protect depositors, let the bond holders take the hit and, hold a thorough assessment of all banking staffs assets. Should they be found to include any illegality, open a criminal case against them. If found guilty hand out long jail terms , sell all the assets of the criminal and return to the newly set up , cryptographically controlled rescue bank.

2/ Politico's, thorough investigations into asset accruals post 2008, any wrong doings apply 1's penalties.

3/ Reduce size of Gov by 80%, in 1892 with 30% of the planets occupants under the British empire there were 3,600 civil servants... today , Empire gone, Scot's and Welsh with there own assemblies there are over 350,000 civil servants ruling ... what exactly ?

Yep, root and branch changes now or suffer 20 years of deflation and depression (this to follow 6 months of hyper inflation as the Zimbabwe school of economics hits home)

interest hike is out of question for this pair for atleast 3 years. vachus I see that you are inclined to take a long everytime and get butchered in the process.