Over on his Forbes blog, Open Europe’s Raoul Ruparel asks: is there a bond bubble in peripheral Europe? The thurst of his answer is that, while there are good explanations for why costs have come down so far and so fast, they could certaintly have si…
Posted by Open Europe blog team
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cost of borrowing, deflation, ECB, inflation, interest rates, OMT, periphery, PIIGS, QE, sovereign debt |
April 15, 2014
Former Italian Prime Minister Mario Monti may be out of Italian politics, but it’s fair to say he still likes to talk – especially when travelling abroad.In an interview with Belgian daily De Morgen and Dutch daily De Volkskrant, Monti seems to hint at…
Posted by Open Europe blog team
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Draghi, ECB, eurozone crisis, France, Greece, italy, monti, OMT, Portugal, Spain, whatever it takes |
April 8, 2014
There has been a cacophony of comments from ECB members and ECB watchers over the past few days. However, the overriding view since ECB President Mario Draghi’s press conference last week is that the ECB has now moved a step closer to unconventional …
Posted by Open Europe blog team
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bond purchases, Draghi, ECB, ECB Governing Council, ecb rate cut, LTRO, negative deposit rate, OMT, QE, smp |
February 7, 2014
Hanging up their robes? Ball is now in ECJ’s courtAs has been widely reported this morning there has been some surprising news out of Karlsruhe with regards to the ECB’s bond buying programme and its legality.Our full take is here, with the summa…
Posted by Open Europe blog team
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bond purchases, ECB, ECJ, EU treaties, German Constitutional Court, germany, OMT |
What looked like an imminent political crisis has just been defused in Italy. As we anticipated in our previous posts (see here and here), Italian Prime Minister Enrico Letta has managed to survive a vote of confidence in the Senate – the upper chamber…
Posted by Open Europe blog team
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berlusconi, brussels, crisis, ECB, European Commission, eurozone crisis, germany, italy, Letta, Merkel, OMT, rebellion, Rome |
September 6, 2013
Talk surrounding the Irish exit from its bailout programme has been picking up in recent days and weeks given that it is supposed to get off its current bailout programme at the end of this year (the final disbursement of funds is expected sometim…
Posted by Open Europe blog team
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banking sector, Dijsselbloem, esm, ireland, irish bailout, OMT |
The hearing at the German Constitutional Court into claims against the ECB’s crisis policies is now over. Day one saw verbal jousting between the two men to the left (Bundesbank President Jens Weidmann and ECB Executive Board Member Jörg Asmussen) whi…
Posted by Open Europe blog team
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asmussen, ECB, ECJ, German Constitutional Court, german media, German public opinion, OMT, weidmann |
June 11, 2013
The German Constitutional Court in KarlsruheThe German Constitutional Court’s (GCC) hearings into the legality of the ECB’s actions to combat the eurozone crisis – and specifically the OMT bond buying programme – kicked off this morning. (See h…
Posted by Open Europe blog team
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bundesbank, ECB, German Constitutional Court, German public opinion, OMT, schauble, weidmann |
Update 18:00 The new German anti euro party Alternative für Deutschland have put out a press release claiming that di Fabio’s report is a “body blow for the euro rescuers” and that he is corroborating AfD’s stance that the ECB’s bond buying constituti…
Posted by Open Europe blog team
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ECB, eurozone, German Constitutional Court, German public opinion, OMT |
March 17, 2013
Over on his Telegraph blog, Mats Persson argues that, There are two ways to look at the hugely controversial bailout agreed for Cyprus in the early hours of Saturday morning, in which the small island nation – accounting for only 0.2 per cent of eur…
Posted by Open Europe blog team
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bail-ins, bailout, Cyprus, depositors, eurozone crisis, germany, italy, Nicos Anastasiades, OMT, Spain |
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