…a country (e.g only Greece so far) to borrow from the newly established fund, put up by EU countries and the IMF and backed by the ECB, with a further…

…number of European commercial banks of Greek government debt and exchanging this debt via repos with the ECB for German and French government paper is what appears to have initially…

…print money – the ECB controls the money supply across the 16-member euro-zone – it would. It would simply print euros pay debt obligations, essentially inflating its way out of…

…markets even with the help from Uncle Sam (or Auntie BoE or Cousin ECB for that matter). With the cascade upon us and now that we’ve set aside all political…

…participants that financing will be available against good collateral, lessening concerns about funding and rollover risk,” the central bank said. The Bank of England and the ECB will each double…

…world. Personally I have no problem with that (unlike the ECB, I think inflation of 3-4% is probably perfectly fine), but I wonder if the financial markets would agree… Kash…

…the end of the year, but slowly… The mid-range forecasts showed the ECB increasing rates to 2.25 percent by the end of the year and to 2.75 percent by September…

…euro already, and maybe the perception is that it does not have much further to fall. A related story could be that Europeans believe that the ECB won’t let the…

…the Bush tax cuts. Europe is a different story. Elections in major European countries are still pretty distant and governments have settled firmly into survival mode. The ECB is becoming…

…dollar and keep the euro from getting stronger. I’m reminded of the possibility of the three-way currency contest that I discussed back in October. If the ECB is indeed considering…