• ECB DRAGHI: See uncertainty over financial outlook

Market news

31 May 2012

ECB DRAGHI: See uncertainty over financial outlook

 

  • Significant shortcoming in bank funding structures
  • ECB can't fill vaccuum on EMU governance
  • The sooner leaders clarify their vision, the better
  • ECB can't fill vaccuum of govt fin.,structural reform
  • Clear vision of euro future is key for growth
  • First need vision, then to substantiate that vision
  • A first step could be a banking union
  • In recapitalization, better to err by doing too much
  • More centralisation for bank supervision is needed
  • ECB done a lot in very short time
  • ECB can't address bank capital shortage

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