Germany’s Schaeuble: New aid programmes for Euro countries should be without IMF - LiveSquawk

Eren Sengezer FXStreet

Germany's finance minister Wolfgang Schaeuble is on the wires now, via LiveSquawk, saying that IMF shouldn't be involved in possible new aid programmes for Euro countries.

Key quotes (via LiveSquawk):

Development of ESM into a European Monetary Fund is possible in the short term
When ECB started its loose monetary policy I was skeptical that this would increase Germany's trade surplus

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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