The European Central Bank should draft commercial lenders as allies in its fight to stem the euro-region financial crisis by giving them incentives to buy bonds of debt-swamped governments, Deutsche Bank AG says.
The European Central Bank needs more timely information about euro-area banks to head off debt crises, said Gilles Moec , co-chief European economist at Deutsche Bank AG.
Europe’s economy is vulnerable to ripple effects from the crisis in Russia and Ukraine.
The European Central Bank and Bank of England are emulating Ben S. Bernanke’s experiment in offering monetary-policy guidance to financial markets. Investors could well end up being the guinea pigs.
Michel Sapin was named French finance minister and Segolene Royal was put in charge of environmental policy, roles they held under France’s last Socialist president 20 years ago.
"If Scotland is out, people will very quickly pay much more attention to the Brexit issue than before."
- Gilles Moec on Aug 27, 2014