ECB's Christian Noyer and Ewald Nowotny from Montreal Canada
- European economies are on the rise
- Situation is much different than several years ago
- I am anxious for Greece to restart their economy and they need to pursue reforms
- Some countries on the periphery have fixed their fiscal weaknesses and have engaged in structural reforms producing higher growth rates
- When talking about urgency of Greece reaching a settlement says it's a matter of days
- We still haven't seen a convincing set of proposals from Greece yet
Adam's itching to fire off a couple of questions
- Combination of QE and low rates pushed a big part of the yield curve
- Central banks are not there to help guide every basis point in every market
- It's normal to see some sort of market correction
