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.
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.
Developed economies are less resilient to an emerging-market shock than they were in the 1990s, when crises from Thailand to Russia rattled investors without triggering a global recession.
"If Scotland is out, people will very quickly pay much more attention to the Brexit issue than before."
- Gilles Moec on Aug 27, 2014