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Draghi gets some Merkel backing

Our Ang has something to say about the ECB while on a jolly to Holland

  • ECB is independent in its policy making
  • Says it's legitimate for Germans to discuss low ECB rates
  • Monetary policy undoubtedly cannot solve all problems

Perhaps she'll get put some of the huge EU rule busting surplus to use to take some pressure off the ECB. And schweins might fly ;-)

Today Draghi said that his "discussions" with Schaeuble had been productive and friendly. Oh to have been a fly on that wall.

Anyone smell bacon?

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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