Nachbesprechung der Schlacht um den Euro: Europa gibt alles, Amerika ist unbeeindruckt
Wie der Angriff auf den Euro abgewehrt wurde (Spiegel)
Abends schließlich schildert der Präsident der EZB, Jean-Claude Trichet, bei einem Treffen der Euro-Notenbankchefs die Dramatik der Lage. Eine Spekulationswelle rolle auf die Euro-Zone zu. Das Ziel sei es zu testen, ob der Euro breche oder nicht. Nun geht es um Stunden – am Montagmorgen öffnet als erste die Börse in Tokio.
“Shock and awe” Euro rescue lifts global markets (Reuters)
“For once the scope of the actions unveiled dwarfed previous leaks and speculation: this is shock and awe part II and in 3-D, with a much bigger budget and a more impressive array of special effects,” said Marco Annunziata, chief economist at UniCredit Group in London.
But senior International Monetary Fund official Marek Belka said the emergency package was “morphine” for the markets and should not be regarded as a long-term solution.
“Sentiment on the euro is still overwhelmingly negative and with any rally people will take the opportunity to sell the single currency,” said Joe Manimbo at Travelex Global Business Payments in Washington, DC.
Willkommen in der Inflationsunion (Spiegel)
Die Attacke gegen den Euro – hat es sie wirklich gegeben? (FAZ)
Europe is about to change dramatically over the next decade, here’s is how it will look (BI)
This bailout is being construed as a one time deal set to re-balance the European economy and protect the eurozone, but it is actually the first step in a program that will see the eurozone become a more federal union with a single treasury and federal tax policy.
Anderswo:
Ölmacht Kanada bohrt mal eben so tief wie noch nie (CBC)
Chevron Canada Ltd. is preparing to start drilling the country’s deepest offshore oil well off Newfoundland Sunday, just as a devastating oil spill in the Gulf of Mexico focuses attention on the risks of undersea drilling.