Joerg Kraemer
Joerg Kraemer
create economic general good lasting past short strikes
Such strikes are never good for the economy. But in the past strikes haven't halted an economic upswing because in general they are too short to create lasting damage.
coalition grand hold negatively parties perceived positions push reforms unlikely
A grand coalition would be perceived negatively by the markets. It would be unlikely to push through any reforms because the parties hold contradictory positions and would neutralise each other.
bank central compared council european less market meeting sent statement
After today's council meeting the European Central Bank sent a less hawkish statement compared to market expectations.
february hike hurry interest move ruled
All this suggests that the ECB is in no hurry to hike interest rates. A move in February can effectively be ruled out.