Tag: german

German Court Approves ESM While Ruling "No Unlimited Liability, Parliament Must Approve Changes in Ceiling"; Sigh of Relief Reaction
September 12, 2012 0

German Court Approves ESM While Ruling "No Unlimited Liability, Parliament Must Approve Changes in Ceiling"; Sigh of Relief Reaction

By News Desk

For further discussion, please see Target2 and the ELA (Emergency Liquidity Assistance) program; Reader From Europe Asks "Can You Please Explain Target2?" Moreover, the recently hatched OMT plan of Mario Draghi in and of itself has potential unlimited liability in that it allows unlimited purchases of sovereign bonds for which Germany and other countries are responsible for their share of the pie in accordance with percentages noted in the above link. Finally, please note that 37,000 people signed a petition against this deal, and polls show it likely would not have passed if put to a vote.

Meta Lewandowsky
September 7, 2012 0

Meta Lewandowsky

By News Desk

Yes, of course. That wasn’t a left/right thing.For what it’s worth:1) NUCLEAR: (science) some people think there is zero danger from radiation (including a particular board member of Sandia) while others cringe from the very word radiation, without knowing much about different forms, background levels, radon in homes, polonium in cigarettes, x-rays, etc

Anti-EU, Anti-Brussels Sentiment Rises in Netherlands; Don’t Expect Much From a "Merkollande" Summit
August 28, 2012 0

Anti-EU, Anti-Brussels Sentiment Rises in Netherlands; Don’t Expect Much From a "Merkollande" Summit

By News Desk

In a case of Dutch Discontent, Socialists Ride Wave of Anti-EU Sentiment The economy is in trouble and unemployment is rising — in the Netherlands as in much of the rest of Europe. Ahead of upcoming elections, the Socialists are riding a wave of euro-skepticism and may emerge as the strongest political force in the country. According to the polls, [Emile Roeme] the former elementary school teacher could become the next prime minister of the Netherlands

ECB Considers Interest Rate Caps; Can Such a Scheme Possibly Work?
August 19, 2012 0

ECB Considers Interest Rate Caps; Can Such a Scheme Possibly Work?

By News Desk

Here is a link to a translated article in Der Spiegel: ECB is planning to challenge interest rate speculation The European Central Bank (ECB) is considering to establish in its future bond purchases interest rate levels for each country. Thus, they would state papers of the crisis countries always buy when interest rates exceed a certain impact on their yields German Bunds.