To save the eurozone from collapse, should create a European Monetary Fund (EVF). This opinion was expressed by chief economist Thomas Mayer, Deutsche Bank, RBC reports daily.
The idea of
EVF appeared in T. Mayer for about a year ago. Under the concept of an economist, the duties EVF should also include coordination of fiscal policies of EU member states. One of the political problems EVF - to limit the influence of the IMF in the region.
Strategy of Europe from the crisis should be developed in Brussels, not in Washington, I”m sure T. Meyer. “The extent of our internal integration to Greece is so great that we do not want the Americans or the Chinese took part in the development of credit policies and measures for crisis management,” - said the chief economist at Deutsche Bank in an interview with Die Welt.
According to T. Mayer, the economic situation in Greece became the pan-Europff9ean root of evil. “If you do not urgently address this problem, the EU is waiting for the collapse. Greek crisis will lead to a weakening of a unified Euro-currency and the emergence of hyperinflation that, in fact, entail samoraspad euro area “, - convinced the chief economist at Deutsche Bank. Moreover, from his point of view, the first from a sinking ship will run the EU is not an economically weak countries like Portugal, Ireland and Italy, and locomotives of the economy of the region, for example, - Germany.
But the expert did not deny the importance of the IMF mission on a global level. “If the IMF did not exist, we would do it to establish in order to use it to effectively overcome the financial crisis. However, the problems that exist at the global level, there is also at the European level”, - confident T. Meyer.
The European Commission on the initiative of the chief economist at Deutsche Bank yet to be known, says the speaker of the EC in Brussels, Amelia Torres. Also, the EC hopes that Greece alone to cope with its economic problems. “Greece must reduce its budget deficit to an acceptable level and at the same time to reform the state budget audit and reporting system to the European Commission”, - said A. Torres.
Top gainers on the RTS last week were ordinary shares “M.video”
“Finam” summed up the advice in the international markets in 2009
Overview of the oil market for 22.01.10
The mood of Asian investors continued to lower the markets of South-eastern region
UN expects output from the economic crisis for the countries of the CIS in 2010
Bank of Japan is preparing a new incentive
Analytics - the outcome of the day
Energy, World Stock Market, Currency, Weather …
In liquid stocks today noticeable demand on improving external background, significantly worse than the market shares of developers look
Gauntlet thrown by Obama”s Wall Street `y, will certainly be raised
Opinion: the collapse of the euro area could save the European Monetary Fund
To save the eurozone from collapse, should create a European Monetary Fund (EVF). This opinion was expressed by chief economist Thomas Mayer, Deutsche Bank, RBC reports daily.
The idea of
EVF appeared in T. Mayer for about a year ago. Under the concept of an economist, the duties EVF should also include coordination of fiscal policies of EU member states. One of the political problems EVF - to limit the influence of the IMF in the region.
Strategy of Europe from the crisis should be developed in Brussels, not in Washington, I”m sure T. Meyer. “The extent of our internal integration to Greece is so great that we do not want the Americans or the Chinese took part in the development of credit policies and measures for crisis management,” - said the chief economist at Deutsche Bank in an interview with Die Welt.
According to T. Mayer, the economic situation in Greece became the pan-Europff9ean root of evil. “If you do not urgently address this problem, the EU is waiting for the collapse. Greek crisis will lead to a weakening of a unified Euro-currency and the emergence of hyperinflation that, in fact, entail samoraspad euro area “, - convinced the chief economist at Deutsche Bank. Moreover, from his point of view, the first from a sinking ship will run the EU is not an economically weak countries like Portugal, Ireland and Italy, and locomotives of the economy of the region, for example, - Germany.
But the expert did not deny the importance of the IMF mission on a global level. “If the IMF did not exist, we would do it to establish in order to use it to effectively overcome the financial crisis. However, the problems that exist at the global level, there is also at the European level”, - confident T. Meyer.
The European Commission on the initiative of the chief economist at Deutsche Bank yet to be known, says the speaker of the EC in Brussels, Amelia Torres. Also, the EC hopes that Greece alone to cope with its economic problems. “Greece must reduce its budget deficit to an acceptable level and at the same time to reform the state budget audit and reporting system to the European Commission”, - said A. Torres.
Top gainers on the RTS last week were ordinary shares “M.video”
“Finam” summed up the advice in the international markets in 2009
Overview of the oil market for 22.01.10
The mood of Asian investors continued to lower the markets of South-eastern region
UN expects output from the economic crisis for the countries of the CIS in 2010
Bank of Japan is preparing a new incentive
Analytics - the outcome of the day
Energy, World Stock Market, Currency, Weather …
In liquid stocks today noticeable demand on improving external background, significantly worse than the market shares of developers look
Gauntlet thrown by Obama”s Wall Street `y, will certainly be raised