Bloomberg carrying official’s comments. EU to do whatever needed to safeguard stability To do whatever needed for euro stability ‘Not at end of the road’ in fighting crisis To do what is necessary to make euro safe Confident EU will … Continue reading
EU summit decisions from June must be fully implemented
Down from 44.3 in July and weaker than Reuter’s median forecast of 44.8. Lowest read in 10 months.
And she’s gonna ask same of Spain According to report in Spain’s daily El Mundo today.
From 87.1 in July, better than Reuter’s median forecast of 86.9. Elsewhere, Portugal economic climate indicator -4.0 in August, improved from -4.4 in July.
Auctions 5 and 10 year BTPs Results due around 09:10 GMT. Here’s what Credit Agricole thinks.
The German Chancellor, backed by ECB’s Draghi said the plan was ‘incompatible’ with EU treaties, whilst the Italian PM argued that the ESM should have a bank license , that the ECB would need ‘exceptional measures’ to halt the current … Continue reading
From 86.5 in July, in line with Reuter’s median forecast.
High spreads in some countries remain a concern Inflation risk in Germany from high spreads Blocking ECB could be ‘own goal’ for Germany Italy doesn’t need EU aid at the moment Interview with il sole 24 ore Bloomberg reporting.
Fin Mins Schaeuble and Moscovici have been kissing and making up after recent squabbling. They’ve agreed to form a joint policy making body to create a more integrated economic and fiscal policy within the Eurozone and to form a new banking … Continue reading