The European Central Bank will probably help plug a financing gap in the Greek bailout that euro-area finance officials will consider this week, ING Group NV senior economist Carsten Brzeski said.
Greece may have only a 46-hour window of opportunity should it need to plot a route out of the euro.
Joerg Asmussen is to leave the European Central Bank’s Executive Board for a government position, depriving President Mario Draghi of a key German ally.
German Chancellor Angela Merkel’s party said it will hold exploratory talks with the Social Democrats at the end of the week as each side dug in for the prospect of months of negotiations to form a government.
"They will only bail in as much as necessary."
- Carsten Brzeski on Aug 04, 2014
The Hays Advantage: Flickinger on Retail, Sedhom on Alibaba
Carsten Brzeski, Michael Taylor on European Crisis
Carsten Brzeski on Europe, Stephen Gallo on Euro, Nov. 9
Carsten Brzeski, Kit Juckes on Currency Wars: First Word
BNP's Gijsels on Stocks, ING's Brzeski on Greece