Politics - Daily News Briefing
Germany has another Landesbank
German governments injects €10bn in Commerzbank for a 25% stake; German exports fell by over 10% during November; France emulates Germany’s attempts to set up a fund to support credit constrained companies; Merkel and Sarkozy have a tough message for Obama: don’t block our attempts to reregulate finance; how about this for a record: the Bank of England, meanwhile, cut interest rates to the lowest level since 1694.
Politics
Sarkozy's coup d'etat
By: Wolfgang Münchau
Events are moving in Sarkozy's favour. New banking bailouts, and a euro area wide stimulus package will have to be negotiated at euro area level.
The case for a European rescue plan
By: Wolfgang Münchau
The case for an EU wide rescue plan is overwhelming: to prevent dangerous spillovers, to ensure adequate funding, and to prevent a collapse of EMU.
How to deal with Spain and Ireland?
By: Wolfgang Münchau
This is possibly the worst time to bash the ECB. The biggest risk to the euro area aera economy is a meltdown of the Spanish economy, something which the ECB can do nothing about. We need to consider a quid-pro-quo IMF style liquidity injection into the Spanish economy in exchange for assurances on policy changes.
The French EU presidency - a bumpy road ahead
By: Daniela Schwarzer, SWP and Eurozone Watch
Since the Irish voted against the Lisbon Treaty, France’s political priorities for its six months EU Presidency seem overly ambitious and slightly out of touch with the overall political situation in the EU. The success of the French presidency depends crucially on Sarkozy's capacity to moderate a way out of the current deadlock situation and to refrain from polarising his allies.
01.07.2008 The consequences of non-ratification
24.06.2008 Ireland is wrong to put its miracle at risk
17.06.2008 It’s democracy, stupid!
17.06.2008 Time to play hardball with the Irish
12.05.2008 The global euro needs stronger institutions
18.02.2008 The death of German corporatism
05.02.2008 Some thoughts about Berlusconi
04.02.2008 Good news from Italy
Eurointelligence Briefing Notes
What the European Constitution means for the Euro Area
The Constitution makes a number of changes to the Union's economic policy and monetary policy, in particular: strengthening the capacity of the Union and of the euro zone in particular, to act; establishing the European Central Bank (ECB) as an EU institution; considerably simplifying the texts.






