We use cookies to track usage and preferences. See Cookie Policy
Pocketmags Digital Magazines
AU
Pocketmags Digital Magazines
Christmas Presents
   You are currently viewing the Australia version of the site.
Would you like to switch to your local site?
Digital Subscriptions > > QUELLE SURPRISE…

QUELLE SURPRISE…

Europe holds its breath as France heads to the polls and also looks towards the German elections later this year

Counterpoint European politics

In July 2012, at the height of the eurozone sovereign debt crisis, Mario Draghi famously said the European Central Bank (ECB) would do “whatever it takes” to preserve the euro. The remarks, coupled with his bank’s increasingly interventionist stance, provided a badly needed tonic for the currency bloc’s bond markets.

However, the ECB’s success in suppressing bond yields may be in danger of unravelling. For the past six months, yields have been creeping higher. Much of this increase reflects economic fundamentals within the eurozone, in particular rising inflation.

READ MORE
Purchase options below
Find the complete article and many more in this issue of -
If you own the issue, Login to read the full article now.
Ways to Pay Pocketmags Payment Types
At Pocketmags you get Secure Billing Great Offers HTML Reader Gifting options Loyalty Points