The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
Where I don't follow Piketty is when he says that French leaders spend their time blaming Germany. I don't think that is perceptible, at least at the level of public discourse - where, on the contrary, any attempt to discuss German attitudes to debt is immediately branded as Germanophobia (or Montebourg Madness).
French and German borrowing rates reached new all-time lows on Tuesday amid fears over the prospect of Greece leaving the eurozone. As of 0830 GMT, France's 10-year debt hit 0.772 percent on the secondary market, while the German 10-year Bund fell to 0.484 percent. "Factors causing the recent risk-off mode are unlikely to fade rapidly," BNP Paribas analysts said in a note. "Greece and the question of QE (stimulus) are keeping bond markets nervous," it said, adding that the anxiety is likely to persist through January.
As of 0830 GMT, France's 10-year debt hit 0.772 percent on the secondary market, while the German 10-year Bund fell to 0.484 percent.
"Factors causing the recent risk-off mode are unlikely to fade rapidly," BNP Paribas analysts said in a note.
"Greece and the question of QE (stimulus) are keeping bond markets nervous," it said, adding that the anxiety is likely to persist through January.
by Frank Schnittger - May 31
by Oui - May 30 12 comments
by Frank Schnittger - May 23 3 comments
by Frank Schnittger - May 27 3 comments
by Frank Schnittger - May 5 22 comments
by Oui - May 13 66 comments
by Carrie - Apr 30 7 comments
by Oui - Jun 17 comments
by Oui - May 3125 comments
by Oui - May 3012 comments
by Frank Schnittger - May 273 comments
by Oui - May 2725 comments
by Oui - May 24
by Frank Schnittger - May 233 comments
by Oui - May 1366 comments
by Oui - May 910 comments
by Frank Schnittger - May 522 comments
by Oui - May 449 comments
by Oui - May 312 comments
by Oui - May 29 comments
by Oui - Apr 30273 comments
by Carrie - Apr 307 comments
by Oui - Apr 2644 comments
by Oui - Apr 889 comments
by Oui - Mar 19143 comments