Hints and tips:
...The decline in yields offered a further element of support to equity indices, and the S&P 500 closed 0.7 per cent higher....
...(Financial Times) ECB official Asmussen quits to serve in German coalition as a junior mininster: His support for Mario Draghi, the ECB president, during the worst days of the eurozone crisis last year...
...His successor on the ECB board, Jörg Asmussen, was widely assumed to be his successor as chief economist, too, until Paris put up its own candidate....
...(Financial Times) Asmussen rejects official Greek haircuts: ECB executive board member Joerg Asmussen told a German newspaper he opposed such a move: “In order to close the financing gap we need a package...
...Asmussen said the ECB would decide “in full independence” how and when it would buy debt on secondary markets....
...Alexander Dobrindt of the Christian Social Union, Bavarian sister-party to s Merkel’s Christian Democrats, who this summer called Mr Draghi “a money forger”, was busy elsewhere, as was his party colleague...
...On Wall Street, the S&P500 extended an advance that has pushed the index to its highest level since late 2007....
...Fears of a Greek exit hit financial markets, with stock markets across Europe falling, the US S&P 500 hitting a two-month low by midday in New York and investors buying safe US Treasuries, German bunds and...
...“These revisions in my view clearly run against the spirit of the initial general agreement on an ambitious fiscal compact,” Jörg Asmussen, an ECB executive board member, wrote in the letter obtained by...
...A lawyerand former interior minister, he has relied heavily on the technical skills of Jörg Asmussen, his state secretary....
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