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Only a weak euro can save the ECB now
(Ralph Orlowski/Getty Images) Most of the news which has come out since the European Central Bank’s last governing council, in early September, has made life more difficult for Mario Draghi. On the...
View ArticleEurope’s leaders need to back shift on rules on public investment
As European leaders meet in Milan today to discuss growth and employment, they should try to understand and address their divergences rather than burying them in joint declarations full of lip-service...
View ArticleHere’s why Germany needs to start spending
In a recent article in the FT, Otmar Issing suggested that there are no good reasons for a country like Germany — which enjoys near-full employment and has a balanced budget, a debt “far above target”...
View ArticleThe ECB must show leadership to fight threat of deflation
As the recent experience in the US and Japan has shown (and the FT’s James Mackintosh” explains), quantitative easing may produce its strongest effects on financial markets before the policy is...
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