[Skip to the end] Don’t think markets are ready for this: Exporters warn of German credit squeeze by Ralph Atkins June 26th (Bloomberg) — Germany’s powerful export industry is warning of a credit squeeze in Europe’s largest economy even after the European Central Bank’s injection this week of one-year liquidity into the eurozone banking system. […]
Tag Archives: Ralph Atkins
Merkel attacks central banks
[Skip to the end] > Karim writes: > Surprising comments show political difficulties of QE in Europe. With fiscal policy constrained > and the Euro strong, that means more pressure on ‘conventional’ monetary policy: ECB to > keep o/n rate low for long. Yes, agreed. Shows no understanding of monetary operations whatsoever. With the old German model they had […]