Gloria ai Bastardi - Cap. 1
- Creatore Discussione Dogtown
- Data di Inizio
- Stato
...ah già è un sondaggio 
Dogtown
Forever Ultras Ghetto
Felicità
Mercati lasciati andare ai piccoli, solo una sberla direzionale/volumetrica cambierà le cose.
Oggi abbiamo il PIL canide, mi sa tanto di ultima spiaggia per ripartire, i grafici parlano chiaro.
DDUKE
Viva i popoli, Viva le Nazioni europee, fanculo U€
Io ho le operazioni al ribasso vietate. Detto questo ribadisco, il mercato è abbandonato ai piccoli, gli istituzionali sono ancora fermi.
lupoalberto66
Forumer storico
Buongiorno a tutti 
Btp settimanale e mensile: su entrambi, ovviamente con le loro tempistiche, gambe rialziste ancora da completarsi, con nuovi max da battere...
Btp settimanale e mensile: su entrambi, ovviamente con le loro tempistiche, gambe rialziste ancora da completarsi, con nuovi max da battere...
lupoalberto66
Forumer storico
Spx
Sul lungo (tf quadrimestrale) siamo arrivati; sul medio/lungo (tf mensile) pure; sul medio/breve (tf settimanale) ci potrebbe stare un altro allungo, che peraltro non sarebbe "obbligato" a nuovi max, ma solo a toccare almeno i 2790.
Ad ogni modo, sull' orizzonte temporale più lungo (quadrimestr.) ci potrebbe essere spazio per un' eventuale ultimo movimento rialzista fino a 2943 prima che l' analisi venga inficiata.
Sul lungo (tf quadrimestrale) siamo arrivati; sul medio/lungo (tf mensile) pure; sul medio/breve (tf settimanale) ci potrebbe stare un altro allungo, che peraltro non sarebbe "obbligato" a nuovi max, ma solo a toccare almeno i 2790.
Ad ogni modo, sull' orizzonte temporale più lungo (quadrimestr.) ci potrebbe essere spazio per un' eventuale ultimo movimento rialzista fino a 2943 prima che l' analisi venga inficiata.
lupoalberto66
Forumer storico
Brussels to propose €56bn raid on ECB profits
Plastics tax envisaged in drive to plug budget hole after Brexit
Brussels is considering a €56bn raid on European Central Bank profits to plug a hole in the EU’s long-term budget after Brexit. The European Commission will discuss the plan at its weekly meeting on Wednesday, where it is due to consider a range of new revenue sources as it tries to maintain its financial firepower once the EU’s second-biggest net budget contributor leaves the bloc in 2019. The ECB proposal would divert profits made by the eurozone’s 19 national central banks from printing banknotes straight into EU coffers. The commission estimates the revenue stream could generate €56bn during the seven-year span of the next EU budget. More than 90 per cent of the so-called seigniorage profits are distributed by the ECB to the eurozone’s 19 central banks that often pass a portion on to their national treasuries. The commission is considering an ECB cash raid as a quick way to generate money for the common EU pot as several wealthier members, including the Netherlands and Austria, refuse to raise their contributions to the €1tn EU budget after the UK’s departure. “It is one of the low-hanging fruit ideas for the budget,” said one EU diplomat. Another senior official from a eurozone country said consultations had started between his national government and central bank over transferring seigniorage money to Brussels.
The ECB said any changes to the way it distributes its profits would require a legal change to the bank’s statute. “Together with their own profits, the national central banks distribute it, according to national legislation, to their shareholders which are the finance ministries,” the ECB said in a statement. “The respective ministries and governments decide what they do with that money.” In addition to the ECB scheme, the commission is drawing up plans for a so-called “plastics contribution” to widen its spending resources. In January, Günther Oettinger, the EU’s budget commissioner, said details of the plastics tax design would be announced in the commission’s formal budget proposal in early May. Brussels’ politically charged budget discussions often pit rich net contributors such as France and Germany against poorer beneficiaries such as Poland and Hungary. But the latest round of negotiations for the budget that runs from 2021 has been complicated by the Brexit black hole, policy challenges such as migration, and a French-led push to create eurozone-only spending tools. While the commission is responsible for proposing a plan on how to structure the common budget, final decisions on its size and composition will rest with national governments which are gearing for discussions over the coming months. In response to ideas from Emmanuel Macron, the French president, to reinforce the eurozone’s crisis-fighting armour, the commission will in May announce plans for a “fiscal stabilisation function” to protect investment spending when a eurozone member state suffers an economic downturn. But the idea, which falls short of the French vision for a rainy-day fund, already risks running into opposition led by the Dutch and the Finns who want governments to fix their public finances rather than gain access to more EU-wide funding. Recommended EU common budget ‘Frugal four’ band together against Brussels’ plans to boost budget In an effort to assuage the concerns of hawkish governments, Brussels is exploring a system of grants and soft loans that eurozone countries can access in times of trouble. “We are now working on a concrete proposal which would work with loans and possible limited grants,” Valdis Dombrovskis, the commission vice-president, told MEPs on Tuesday. The commission is also leaning towards a design for the new system that would involve the European Stability Mechanism, the euro area’s sovereign bailout fund. The bulk of the EU’s long-term budget is made up of contributions from member state governments, with about 20 per cent coming from EU-wide revenues known as “own resources” such as VAT and customs duties. The commission aims to bridge the €15bn-a-year financing gap after Brexit through an equal mix of spending cuts and fresh money. But EU governments have long resisted Brussels’ attempts to generate its own revenue-raising tools such as EU-wide taxes which, they argue, take money away from national coffers. Officials also warn any raid on ECB profits risks angering national central banks which fiercely prize their independence from political interference and are currently able to use their profits as they see fit. In Germany for example, the Bundesbank hands a portion of its annual profits to the government treasury every year. Critics also point out that seigniorage is a highly volatile source of revenue. Low interest rates mean the ECB has generated no profits on printing banknotes since 2015, according to its latest annual report. Wednesday’s internal commission meeting will enable the commissioners to have a political discussion on how to shape the budget plans before they are announced in May.
Copyright The Financial Times Limited 2018. All rights reserved.
Subscribe to read
Plastics tax envisaged in drive to plug budget hole after Brexit
Brussels is considering a €56bn raid on European Central Bank profits to plug a hole in the EU’s long-term budget after Brexit. The European Commission will discuss the plan at its weekly meeting on Wednesday, where it is due to consider a range of new revenue sources as it tries to maintain its financial firepower once the EU’s second-biggest net budget contributor leaves the bloc in 2019. The ECB proposal would divert profits made by the eurozone’s 19 national central banks from printing banknotes straight into EU coffers. The commission estimates the revenue stream could generate €56bn during the seven-year span of the next EU budget. More than 90 per cent of the so-called seigniorage profits are distributed by the ECB to the eurozone’s 19 central banks that often pass a portion on to their national treasuries. The commission is considering an ECB cash raid as a quick way to generate money for the common EU pot as several wealthier members, including the Netherlands and Austria, refuse to raise their contributions to the €1tn EU budget after the UK’s departure. “It is one of the low-hanging fruit ideas for the budget,” said one EU diplomat. Another senior official from a eurozone country said consultations had started between his national government and central bank over transferring seigniorage money to Brussels.
The ECB said any changes to the way it distributes its profits would require a legal change to the bank’s statute. “Together with their own profits, the national central banks distribute it, according to national legislation, to their shareholders which are the finance ministries,” the ECB said in a statement. “The respective ministries and governments decide what they do with that money.” In addition to the ECB scheme, the commission is drawing up plans for a so-called “plastics contribution” to widen its spending resources. In January, Günther Oettinger, the EU’s budget commissioner, said details of the plastics tax design would be announced in the commission’s formal budget proposal in early May. Brussels’ politically charged budget discussions often pit rich net contributors such as France and Germany against poorer beneficiaries such as Poland and Hungary. But the latest round of negotiations for the budget that runs from 2021 has been complicated by the Brexit black hole, policy challenges such as migration, and a French-led push to create eurozone-only spending tools. While the commission is responsible for proposing a plan on how to structure the common budget, final decisions on its size and composition will rest with national governments which are gearing for discussions over the coming months. In response to ideas from Emmanuel Macron, the French president, to reinforce the eurozone’s crisis-fighting armour, the commission will in May announce plans for a “fiscal stabilisation function” to protect investment spending when a eurozone member state suffers an economic downturn. But the idea, which falls short of the French vision for a rainy-day fund, already risks running into opposition led by the Dutch and the Finns who want governments to fix their public finances rather than gain access to more EU-wide funding. Recommended EU common budget ‘Frugal four’ band together against Brussels’ plans to boost budget In an effort to assuage the concerns of hawkish governments, Brussels is exploring a system of grants and soft loans that eurozone countries can access in times of trouble. “We are now working on a concrete proposal which would work with loans and possible limited grants,” Valdis Dombrovskis, the commission vice-president, told MEPs on Tuesday. The commission is also leaning towards a design for the new system that would involve the European Stability Mechanism, the euro area’s sovereign bailout fund. The bulk of the EU’s long-term budget is made up of contributions from member state governments, with about 20 per cent coming from EU-wide revenues known as “own resources” such as VAT and customs duties. The commission aims to bridge the €15bn-a-year financing gap after Brexit through an equal mix of spending cuts and fresh money. But EU governments have long resisted Brussels’ attempts to generate its own revenue-raising tools such as EU-wide taxes which, they argue, take money away from national coffers. Officials also warn any raid on ECB profits risks angering national central banks which fiercely prize their independence from political interference and are currently able to use their profits as they see fit. In Germany for example, the Bundesbank hands a portion of its annual profits to the government treasury every year. Critics also point out that seigniorage is a highly volatile source of revenue. Low interest rates mean the ECB has generated no profits on printing banknotes since 2015, according to its latest annual report. Wednesday’s internal commission meeting will enable the commissioners to have a political discussion on how to shape the budget plans before they are announced in May.
Copyright The Financial Times Limited 2018. All rights reserved.
Subscribe to read
- Stato
