New ECB Boss Inherits a Thorny Euro Zone Debt Challenge | Institutional Investor

Please login to print this page

BofA-Merrill-Is-No-1-in-Emerging-EMEA-Sales

BofA Merrill Is No. 1 in Emerging EMEA Sales

BofA-Merrill-Tops-Emerging-EMEA-Research-Roster

BofA Merrill Tops Emerging EMEA Research Roster

For-Emerging-EMEA-Trading-BofA-Merrill-Preferred

For Emerging EMEA Trading, BofA Merrill Preferred

Sberbank-Captures-Russia-Research-Crown

Sberbank Captures Russia Research Crown

Sberbank-Debuts-Atop-Russian-Trading-Services-Ranking

Sberbank Debuts Atop Russian Trading-Services Ranking

Sberbank-Deemed-Best-in-Russia-Sales

Sberbank Deemed Best in Russia Sales

Skandinaviska-Enskilda-Bankens-Chris-Flensborg-on-the-Evolution-of-Green-Bonds

Skandinaviska Enskilda Banken’s Chris Flensborg on the Evolution of Green Bonds

VIDEO-Ian-Bremmer-Explains-the-New-Abnormal-on-CNBC

VIDEO: Ian Bremmer Explains the New Abnormal on CNBC

Managing-Equity-Risk-Some-Rules-for-the-Road

Managing Equity Risk: Some Rules for the Road

Ian-Bremmer-and-Nouriel-Roubini-Unveil-the-New-Abnormal

Ian Bremmer and Nouriel Roubini Unveil the New Abnormal

Hong-Kong-Mercantile-Exchange-Collapse-Raises-More-Questions-than-Answers

Hong Kong Mercantile Exchange Collapse Raises More Questions than Answers

Proposed-401k-Disclosures-May-Radically-Change-Participant-Behaviour

Proposed 401(k) Disclosures May Radically Change Participant Behaviour

The-Structural-Drivers-Launching-Africas-Economic-Take-Off-Part-1

The Structural Drivers Launching Africa’s Economic Take-Off: Part 1

Everything-You-Need-to-Know-About-Treasury-Floating-Rate-Notes

Everything You Need to Know About Treasury Floating-Rate Notes

Corporate-Share-Buybacks-Often-Disappoint-Investors

Corporate Share Buybacks Often Disappoint Investors

Blackstones-Stephen-Schwarzman-on-Not-Wasting-a-Serious-Crisis

Blackstone's Stephen Schwarzman on Not Wasting a Serious Crisis

Blackstone-Groups-GSO-Capital-Lenders-of-Last-Resort

Blackstone Group’s GSO Capital: Lenders of Last Resort

New OTC Derivatives Rules Risk a Collateral Crunch

Makenas-Eric-Upin-On-Global-Endowment-Style-Investing

Makena's Eric Upin On Global Endowment-Style Investing

Yield-Hungry-Insurers-Venture-into-a-Range-of-Alternative-Investments

Yield-Hungry Insurers Venture into a Range of Alternative Investments

Crowdfunding-Could-Help-Cleantech-Attract-Institutional-Investors

Crowdfunding Could Help Cleantech Attract Institutional Investors.

EU-Shelves-for-Time-Being-Idea-of-Applying-Solvency-II-to-Pensions

EU Shelves, for Time Being, Idea of Applying Solvency II to Pensions

Chinas-SMEs-Look-Increasingly-to-the-Bond-Market-for-Financing

China’s SMEs Look Increasingly to the Bond Market for Financing

Cypruss-Big-Gas-Field-May-Not-Be-the-Countrys-Salvation

Cyprus’s Big Gas Field May Not Be the Country’s Salvation

A-Cooperative-Effort-to-Win-the-Cyberwars

A Cooperative Effort to Win the Cyberwars

China-Slowdown-Brace-Yourselves

China Slowdown? Brace Yourselves

Malhotra-Hits-an-Ace-with-Credit-Suisse-in-Asia

Malhotra Hits an Ace with Credit Suisse in Asia

Endowments-Take-Stock-of-Rising-North-American-Oil-Supplies

Endowments Take Stock of Rising North American Oil Supplies

Why-Russian-Investors-Stay-in-Cyprus-Despite-Restructuring-Hit

Why Russian Investors Stay in Cyprus Despite Restructuring Hit

More-Institutions-Dispense-with-Hedge-Funds-As-an-Asset-Class

More Institutions Dispense with Hedge Funds As an Asset Class

Third-Points-Loeb-Treads-Lightly-in-Japan

Third Point’s Loeb Treads Lightly in Japan

The-World-According-to-Britt-Harris

The World According to Britt Harris

Examining-the-Contradictions-of-RORO

Examining the Contradictions of RORO

Renminbis-Climb-Heralds-Growing-Global-Clout

Renminbi’s Climb Heralds Growing Global Clout

Beware-of-Sideways-Markets

Beware of Sideways Markets

What-the-Baltics-Can-Tell-us-About-Austerity

What the Baltics Can Tell us About Austerity

Malaysias-Election-Weakens-Najib-and-Dims-Prospects-for-Economic-Reform

Malaysia's Election Weakens Najib and Dims Prospects for Economic Reform

ASEAN-Economies-Aim-to-Avoid-the-Mistakes-of-European-Integration

ASEAN Economies Aim to Avoid the Mistakes of European Integration

Delaware-Overcomes-its-Qualms-and-Advances-B-Corps-Law

Delaware Overcomes its Qualms and Advances B Corps Law

Private-Equity-Seeks-to-Unlock-Africas-Promise

Private Equity Seeks to Unlock Africa’s Promise

Nidec-Corp-Has-Best-Management-in-All-Japan-Executive-Team-Ranking

Nidec Corp. Has Best Management in All-Japan Executive Team Ranking

VIDEO-Why-do-Institutional-Investors-Underperform-Part-5

VIDEO: Why do Institutional Investors Underperform, Part 5

Data-Show-Investors-Still-Bullish-on-Emerging-Market-Equities

Data Show Investors Still Bullish on Emerging Market Equities

Abenomics-Is-Raising-the-Risk-Appetite-of-Japanese-Investors

Abenomics Is Raising the Risk Appetite of Japanese Investors

Aons-Case-Wants-More-Than-Insurance

Aon’s Case Wants More Than Insurance

VIDEO-Ray-Dalio-at-the-US-Investment-Management-Awards

VIDEO: Ray Dalio at the U.S. Investment Management Awards

Asset-Managers-Yield-to-Pressure-on-Fees

Asset Managers Yield to Pressure on Fees

China-Set-to-Appoint-Shanghai-Vice-Mayor-as-Head-of-CIC

China Set to Appoint Shanghai Vice Mayor as Head of CIC

Website-Seasonal-Odds-is-Betting-Big-on-Market-Data

Website Seasonal Odds is Betting Big on Market Data

Australias-Future-Fund-Investment-Wizardry

Australia’s Future Fund Investment Wizardry

Tweets-from-Warren-Buffetts-Woodstock

Tweets from Warren Buffett's Woodstock

Monetary-Policy-Providing-No-Tailwind-for-Emerging-Markets-Equities

Monetary Policy Providing No Tailwind for Emerging-Markets Equities

BofA-Merrill-Displaces-Deutsche-Atop-Year-To-Date-Tally

BofA Merrill Displaces Deutsche Atop Year-To-Date Tally

As-Metals-Struggle-Lead-Is-Back-in-Vogue

As Metals Struggle, Lead Is Back in Vogue

BofA-Merrill-Extends-Asia-Winning-Streak

BofA Merrill Extends Asia Winning Streak

BofA-Merrill-Repeats-at-No-1-in-Asia-Sales

BofA Merrill Repeats at No. 1 in Asia Sales

Investors-Pick-Asias-Top-Corporate-Access-Providers

Investors Pick Asia's Top Corporate Access Providers

UBS-Tops-Trading-Roster-For-Second-Year

UBS Tops Trading Roster For Second Year

Third-Party-Focus-for-TIAA-CREFs-New-Asset-Management-Head-Leary

Third-Party Focus for TIAA-CREF's New Asset Management Head Leary

VIDEO-Why-do-Institutional-Investors-Underperform-Part-4

VIDEO: Why do Institutional Investors Underperform, Part 4

US-Exchange-Direct-Edges-Brazilian-Venture-Faces-Headwinds

U.S. Exchange Direct Edge's Brazilian Venture Faces Headwinds

Green-Bonds-Gain-Investors-and-Climate-Friendly-Credentials

Green Bonds Gain Investors and Climate-Friendly Credentials

Equity-Market-Distortions-Create-Big-Payback-Potential

Equity Market Distortions Create Big Payback Potential

Mission-Creep-at-the-European-Bank-for-Reconstruction-and-Development

Mission Creep at the European Bank for Reconstruction and Development

Whistler-Blackcomb-Beckons-for-Investors

Whistler Blackcomb Beckons for Investors

Sri-Lanka-Wants-to-Be-the-Singapore-of-South-Asia

Sri Lanka Wants to Be the Singapore of South Asia

Land-Banks-a-Better-Entry-to-Rising-Residential-Market

Land Banks a Better Entry to Rising Residential Market

Centerbridges-Aronson-Gives-Back-to-Investors

Centerbridge’s Aronson Gives Back to Investors

VIDEO-Why-do-Institutional-Investors-Underperform-Part-3

VIDEO: Why do Institutional Investors Underperform, Part 3

Japans-Easing-Policies-Are-Talk-of-the-ADBs-Annual-Meeting

Japan's Easing Policies Are Talk of the ADB's Annual Meeting

Future-of-the-Euro-Provokes-Debate-at-Berkeley

Future of the Euro Provokes Debate at Berkeley

How-Investors-Can-Achieve-True-DiversificationAnd-Better-Returns

How Investors Can Achieve True Diversification — And Better Returns

Following-Dutch-Model-New-Brunswick-Leads-Canadas-Pension-Model-Reforms

Following Dutch Model, New Brunswick Leads Canada's Pension Model Reforms

Malaysias-Zeti-Is-a-Liberal-Voice-at-a-Time-of-Political-Uncertainty

Malaysia’s Zeti Is a Liberal Voice at a Time of Political Uncertainty

Philippines-Wins-Plaudits-for-Policy-and-an-Investment-Grade-Rating

Philippines Wins Plaudits for Policy and an Investment-Grade Rating

More-Institutions-Dispense-with-Hedge-Funds-As-an-Asset-Class

More Institutions Dispense with Hedge Funds As an Asset Class

Five-Questions-K2s-David-Saunders-Weighs-Changes-in-Fund-of-Funds-Industry

Five Questions: K2's David Saunders Weighs Changes in Fund-of-Funds Industry

Gold-Bitcoins-No-the-Real-Safe-Haven-Is-the-C-Note

Gold? Bitcoins? No, the Real Safe Haven Is the C-Note

South-African-Finance-Minister-Gordhan-Seeks-Growth-and-Inclusiveness

South African Finance Minister Gordhan Seeks Growth and Inclusiveness

Are-Malaysians-Willing-to-Vote-for-Their-First-Ever-Change-in-Government

Are Malaysians Willing to Vote for Their First-Ever Change in Government?

Student-Investors-Stay-Ahead-of-the-Curve

Student Investors Stay Ahead of the Curve

Despite-REITs-Virtues-Institutions-Still-Favor-Private-Real-Estate-Funds

Despite REITs’ Virtues, Institutions Still Favor Private Real Estate Funds

Professionalizing-Risk-Management

Professionalizing Risk Management

Ceres-Pitching-New-Proposals-for-ESG-Disclosure-on-Global-Exchanges

Ceres Pitching New Proposals for ESG Disclosure on Global Exchanges

VIDEO-Why-Do-Institutional-Investors-Underperform-Part-2

VIDEO: Why Do Institutional Investors Underperform, Part 2

New-SEC-Ruling-Plays-It-Safe-on-Corporate-Disclosure-Via-Social-Media

New SEC Ruling Plays It Safe on Corporate Disclosure Via Social Media

EU-Officials-Signal-a-Shift-Away-from-Austerity

EU Officials Signal a Shift Away from Austerity

Can-Multiemployer-Pensions-Build-a-21st-Century-Plan

Can Multiemployer Pensions Build a 21st Century Plan?

The-Supercomputer-Solution

The Supercomputer Solution

Spurt-of-Initial-Public-Offerings-Fails-to-LiftVC-Backed-Companies

Spurt of Initial Public Offerings Fails to Lift VC-Backed Companies

Speculation-Grows-About-an-Opening-of-the-Saudi-Tadawul

Speculation Grows About an Opening of the Saudi Tadawul

Orixs-Big-European-Acquisition-Could-Signal-a-Wave-of-Japanese-Takeovers

Orix’s Big European Acquisition Could Signal a Wave of Japanese Takeovers

VIDEO-Why-Do-Institutional-Investors-Underperform

VIDEO: Why Do Institutional Investors Underperform?

Can-the-Mexican-Peso-Strengthen-Further

Can the Mexican Peso Strengthen Further?

Hong-Kongs-Exchange-Is-Betting-Its-Future-on-Commodities-and-the-Renminbi

Hong Kong’s Exchange Is Betting Its Future on Commodities and the Renminbi

Indonesias-Pangestu-Offers-an-Incremental-Approach-to-Reviving-WTO

Indonesia’s Pangestu Offers an Incremental Approach to Reviving WTO

Does-Bitcoin-Presage-a-Digital-Recasting-of-the-Monetary-System

Does Bitcoin Presage a Digital Recasting of the Monetary System?

Derivatives-Specialist-Di-Stasi-Enriches-UBSs-Bottom-Line

Derivatives Specialist Di Stasi Enriches UBS’s Bottom Line

Green-Bonds-Gain-Investors-and-Climate-Friendly-Credentials

Green Bonds Gain Investors and Climate-Friendly Credentials

David-Cote-Remakes-Honeywell

David Cote Remakes Honeywell

David-Tepper-Replaces-Ray-Dalio-Atop-Alphas-2013-Rich-List

David Tepper Replaces Ray Dalio Atop Alpha's 2013 Rich List

Private-Equitys-Giants-Take-an-Alternative-Route

Private Equity’s Giants Take an Alternative Route

How-To-Navigate-a-Low-Rate-Environment

How To Navigate a Low-Rate Environment

US-Public-Pensions-Get-a-Grip-on-Future-Costs

U.S. Public Pensions Get a Grip on Future Costs

India-Risks-Falling-Further-Behind-China-in-the-BRICS-Growth-Race

India Risks Falling Further Behind China in the BRICS Growth Race

A-Tale-of-Two-Crises

A Tale of Two Crises

For-Akzo-Nobels-Bchner-Efficiency-and-Emerging-Markets-Hold-the-Keys

For Akzo Nobel’s Büchner, Efficiency and Emerging Markets Hold the Keys

Russias-VTB-Capital-Brings-Its-Global-Ambitions-to-New-York

Russia's VTB Capital Brings Its Global Ambitions to New York

Chinas-Post-crisis-Borrowing-Boom-Comes-Home-to-Roost-for-Local-Authorities

China's Post-crisis Borrowing Boom Comes Home to Roost for Local Authorities

Japans-New-Government-Leaves-Investors-Unsure-about-the-Yen

Japan’s New Government Leaves Investors Unsure about the Yen

Catching the Debt Bug

Long-term-Investment-Is-the-New-Holy-Grail-of-the-G-20

Long-term Investment Is the New Holy Grail of the G-20

Exchanges-M-A-Pro-Lown-Sticks-to-His-Guns-in-a-Tough-Sector

Exchanges M&A Pro Lown Sticks to His Guns in a Tough Sector

Energy-Could-Hold-the-Key-to-Predicting-Global-Growth

Energy Could Hold the Key to Predicting Global Growth

Fun-Gamification-and-Finance

Fun, Gamification and Finance

Turkeys-Stall-in-Growth-Highlights-Broader-Emerging-Market-Problems

Turkey’s Stall in Growth Highlights Broader Emerging Market Problems

Sansar-Capital-Head-Motwani-Takes-Stock-of-Opportunities-in-Iraq

Sansar Capital Head Motwani Takes Stock of Opportunities in Iraq

As-Hedge-Funds-Thrive-on-Mortgages-the-House-Party-Is-Far-from-Over

As Hedge Funds Thrive on Mortgages, the House Party Is Far from Over

Italys-Political-Stalemate-Is-Set-to-Exact-a-Mounting-Economic-Toll

Italy's Political Stalemate Is Set to Exact a Mounting Economic Toll

Investors Sovereign Wealth Funds

November 21, 2011

New ECB Boss Inherits a Thorny Euro Zone Debt Challenge

Mario Draghi may need to continue the central bank’s controversial bond purchases to stem the crisis and save the euro.

Consider it a parting gift.

After eight years as head of the European Central Bank, Jean-Claude Trichet firmly blocked efforts by French President Nicolas Sarkozy to make the central bank promise to keep buying Italian and Spanish bonds as part of Europe’s debt agreement last month. Trichet, who began the controversial bond purchases with Greece in 2010 only to see two German ECB board members resign in protest, was determined to extricate the central bank from the bond market and put the burden of rescuing the euro zone periphery....

Read More: ECB · Mario Draghi · Euro Zone

To continue reading please, LOGIN or Subscribe

Free Trial

Register today for a free
2-week trial.

Already have an account?

Email Address:

Remember me

Password:

Forgot Password

Login

Most Popular

latest Articles

Research & Rankings
BofA Merrill Is No. 1 in Emerging EMEA Sales Thomas W. Johnson •June 18, 2013
Research & Rankings
BofA Merrill Tops Emerging EMEA Research Roster Thomas W. Johnson •June 18, 2013
Economics & Strategy – CEEMEA Equity Strategy: First June 18, 2013
Economics & Strategy – CEEMEA Equity Strategy: Second June 18, 2013
Economics & Strategy – CEEMEA Equity Strategy: Third June 18, 2013

Research & Rankings

All-Asia Research Team For a third year running, money managers say the researchers at BofA Merrill provide ...

All-Asia Sales Team "Very good stock calls" is the reason why a Hong Kong–based client insists that ...

All-Asia Trading Team UBS "has the most experienced sales traders, and their technology is second to none," ...

Asia's Top Corporate Access Providers Participants in the All-Asia Research Team survey tell us which sell-side firms provide the ...

Browse Rankings

Search