European Regling Head Stability Mechanism with some comments 13 Sept
«Discussions have been initiated for some sort of EZ rainy day fund that could tackle asymmetric shocks»
in the longer term EZ could also develop a European asset security, but which requires some pooling of debts
EURUSD stable at 1.1973 as EURGBP at 0.9024
I need to go far now so I will wish you a good negotiation.
Adam will be soon.
All you see back here tomorrow for the fun BOE n games.
The ESM Regling looking to begin a rainy day fund