Emanuel Boeminghaus wrote that France is dragging everyone down into the abyss and the warnings are getting louder. In comparison, the financial crisis was a kindergarten. Citing Clemens Fuest in the Handelsblatt, he reported that the ECB would intervene if the interest rates on French government bonds continued to rise. Boeminghaus concluded that this would lead to severe inflation. https://t.co/kRa2iARmhx #Frankreich #Finanzkrise #EZB (translated)
The President of the European Central Bank (ECB), Christine Lagarde, shared the criticism from Albuquerque. #Kapitalmarktunion #DeutscheBörse #EUFinanzminister (translated)
According to Bundesbank President and ECB Council member Joachim Nagel, anyone in the ECB Council can be regarded as a highly qualified candidate. #EZB #IsabelSchnabel #Eurozone (translated)
The chairman of the Eurozone finance ministers group, Kyriakos Pierrakakis, asked the 21 Eurozone countries on Thursday evening to nominate candidates for the position of the German by October 28. #EZB #IsabelSchnabel #Eurozone (translated)
The Eurozone is called upon to propose candidates by October 28 for the successor to outgoing ECB Director Isabel Schnabel, as her term ends in early 2027 and she is moving to the International Monetary Fund. #EZB #IsabelSchnabel #Eurozone (translated)
The author described a contribution from the British Telegraph about Christine Lagarde as apt. In it, the ECB president was portrayed as one of the most self-righteous personalities the author has encountered on the world stage. Additionally, the Telegraph reported that Lagarde intends to publish her autobiography at the beginning of next year. #Lagarde #EZB #Autobiographie #DE #GB #EU (translated)
The procedure for selecting a successor has been initiated, said Eurogroup President Kyriakos Pierrakakis today after a meeting of finance ministers in Luxembourg. #EZB #Finanzminister #IsabelSchnabel (translated)
The Euro finance ministers have initiated the process of selecting a successor for the outgoing ECB director Isabel Schnabel, who announced at the end of September that she would resign early in 2027. #EZB #Finanzminister #IsabelSchnabel (translated)
The widening of spreads in the bond market, particularly the rising yields of French government bonds, raises the question of whether the ECB is willing to intervene despite its own statement that crisis conditions are still lacking. #EZB #Anleihemarkt #GoldmanSachs (translated)
"We are currently above our target value of two percent. The ECB is not there to respond to the budgetary issues of individual countries," said Moulin. #Frankreich #Schuldenkrise #Euroraum (translated)
Economists warn that France's high public debt and the strained budget situation could lead to a new debt crisis, while the government under central bank chief Moulin relies on its own solutions without the ECB. #Frankreich #Schuldenkrise #Euroraum (translated)
B.K. wrote that a family man had lost his life, and that the punishment for the murder was one year in prison. He described Denmark as a "banana state." https://t.co/EZB7Dm0Oxu #drab #Danmark #retssystem (translated)
The turbulence in the French bond market has not yet reached a level that would require considerations for the use of the ECB's emergency instrument, said France's Finance Minister Roland Lescure on Tuesday. #EuroSchwäche #Frankreich #Schuldenkrise (translated)
The weakness of Europe, symbolized by a declining euro and rising interest rates, worries investors in the bond market and stirs fears of a possible new financial crisis. #Eurokrise #Finanzmarkt #EZB (translated)
The author wrote that the ECB must decide whether to contain inflation before it escalates or to save France from final ruin, which he believes would simultaneously mean the end of the euro. At the same time, he rhetorically asked what the central bank would choose. https://t.co/JsfKHtnSBX #EZB #Inflation #Euro #FR #DE (translated)
Today, for example, ECB chief economist Philip Lane indicated a "moderate" response from the European Central Bank to the recent surge in inflation. #Euro #Dollar #PolitischeUnsicherheiten (translated)
ECB Chief Economist Philip Lane said today that they will continue to respond to the persistently high inflation with moderation. #EZB #Inflation #Zinsen (translated)
The ECB signals a moderate response to inflationary pressure despite the rise in inflation in the Eurozone, and it remains on a "middle path" of monetary policy. #EZB #Inflation #Zinsen (translated)
Furkan Yildirim wrote that his video about a possible "Euro crisis 2.0" as well as the interest and debt crisis had reached many viewers and had been among the most widely viewed in recent weeks. However, all of a sudden, it is hardly being displayed anymore. He asked whether YouTube had restricted its visibility and said he had never experienced anything like this on his channel. Yildirim requested to share his post and the video. https://t.co/f9p3N0TYC9 #Eurokrise #YouTube #Finanzen (translated)
Furkan Yildirim wrote that the euro crisis has returned and is now affecting France. The second-largest economy in the Eurozone has about ten times as much debt as Greece did in 2010. France is now paying more interest than Italy, the risk premium is at its highest level since 2012, and the insurance against a French state bankruptcy has more than doubled within a month, he pointed out. He also referred to burning trash cans in the streets and demands for a debt cut. Yildirim said he had invested a lot of time in a new macro deep dive with nearly 30 charts and graphs, as well as data from 2011 to the present. In it, he claims he wants to address the repetition of the 2011 pattern, past and current ECB decisions, the demand for a debt cut, possible bailout measures or a state bankruptcy, as well as consequences for savings. He also wants to explain what he himself is making of the situation. He asked if he should record the video on the same day. #Eurokrise #Frankreich #Schulden (translated)
