Tbond Bund (VM69) 2013: Bandits Unchained tra Krug bubbles and balls

Sui mercati le incognite Fed, Berlino e crescita


I VERI «MARKET MOVER» In pochi giorni il voto in Senato su Berlusconi, le elezioni tedesche, le scelte di Bernanke sul «tapering» Con la variabile Damasco
L’effetto destabilizzante di Siria, petrolio e mercati emergenti. Le turbolenze politiche in Italia, Spagna, Portogallo e le elezioni in Germania. E ancora: i punti interrogativi sulle prossime mosse delle banche centrali in Usa, Eurozona e Regno Unito, su tassi, QE e forward guidance. E non da meno: i dubbi sulla solidità della ripresa economica e dei sistemi bancari nell’Eurozona, le preoccupazioni sul nodo irrisolto del credit crunch nei Paesi periferici europei e del debito pubblico in Grecia, Portogallo e ancora negli Usa. Così si presenta il calendario di settembre per gli operatori dei mercati finanziari: dopo una pausa estiva relativamente tranquilla, arriva un mese fitto di eventi e di insidie,
 
Steinbruck says ECB's low rate policy is hurting savers in Germany. Your stupid fault for entering the Eurozone then.

Merkel says G20 will crack down on tax evasion

Steinbruck says Greece needs support for growth, not just austerity
Merkel says that Greece joined Euro without meeting criteria

Steinbruck calls for solidarity but with no money from taxpayers

chancellor candidate Peer Steinbrueck says NEIN to a syria Intervention, Merkel backs him

Merkel says Germany would only intervene in Syria if part of UN or NATO mandate

Merkel "taxes will not be raised"
 
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High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. Merkel rejects rival?s attack over damage to eurozone economy - FT.com


Merkel rejects rival’s attack over damage to eurozone economy

By Quentin Peel in Berlin


Angela Merkel, the German chancellor, was forced to defend herself on Sunday night against the charge that she had made the economic crisis worse for the eurozone by insisting on excessive austerity for countries such as Greece and Portugal.
In the first serious confrontation of the German election campaign, her principal challenger, Social Democrat Peer Steinbrück, used a head-to-head television debate to call for more generous treatment of the debt-laden states of the eurozone.





“We need a second Marshall Plan,” he said, blaming Ms Merkel and her government for aggravating the economic recession, with the result that eurozone interest rates were so low that German savers were unable to earn a decent income to finance their pensions.
Ms Merkel retorted that it was essential that debt-laden countries became competitive by introducing economic reforms and that pressure must be maintained to ensure they carried out their commitments.
The German government had demonstrated its solidarity with its partners but the principle must be followed that support for their economies could only be given in exchange for their own tough reform programmes, she said.
The eurozone crisis has emerged as a key theme in the election campaign, in spite of the broad agreement between Ms Merkel’s Christian Democratic Union, and Mr Steinbrück’s Social Democratic party, on the need to finance rescue programmes.
Ms Merkel turned the tables on Mr Steinbrück by attacking his party’s proposals for tax rises, arguing that such a move would endanger the process of job creation and Germany’s role as the economic motor of the eurozone.
After the first half-hour of the debate, honour was even between the two contenders as they engaged with intensive questioning by no fewer than four television presenters in the broadcast from a Berlin studio.

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