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Draghi between Scylla and Charybdis
Draghi will need all his rhetorical ability to tread a narrow path at the next Press Conference. On one...
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Assessing the Assessment
In assessing the Comprehensive Balance Sheet Assessment in this post I will stick to my expertise and thus...
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What a difference between 1931 and 2012!
A previous post looked at the debt crisis which took place in the early 1930s, right in the...
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The ECB Asset Backed Securities Purchase Program
In a previous post I concluded that: “…while it is not easy to design and implement an effective...
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Liquidity supply and demand in the €-area: a schematic approach
In his last press conference, Draghi said that the ECB foresees to bring back the size of its...
