Epstein Secrets

Mrs. Merkel must make clear that she will support the central bank taking on this expanded role. And now that new, credible leaders are in office in Athens and Rome, she and other euro-zone leaders need to meet with them and negotiate more growth-friendly reform packages. There is very little time left t

as we can see, they are right. The political changes at the top of Greece and Italy are promising. Greece's new prime minister, Lucas Papademos, and Mario Monti of Italy are internationally credible economists, committed to making painful but much needed reforms, including liberalizing labor markets, shrinkin

their economies are not now strong enough to absorb more austerity, including broad new taxes or further sweeping service cuts. Mr. Papademos and Mr. Monti should press their fellow European leaders for a new and better deal. Even with the best leadership, neither Greece nor Italy will be able, on their

12-2013 eurozone GDP forecasts this morning. German IFO business confidence prints at a 2yr low = 105.3 versus estimate 105.6. Troika heads back to Athens on Monday to review reform progress (or lack thereof) and possibly pave the way for a tweaking of the bailout terms. Goldman's Jim O'Neill was on CN

omething was in the works ("somewhere along the line here one of the bazookas is going to come out"). Stakes are high for the EU Summit next week as Monti has made clear says the Guardian<http://www.guardian.co.uk/business/2012/jun/22/mario-monti-week- save-eurozone>. Reminder that Sweden & Finland are

ricken-euro.html> Lagarde hopes that wisdom will prevail in Germany The Times<http://www.thetimes.co.uk/tto/business/economics/article3453119.ece> Mario Monti: we have a week to save the eurozone Guardian<http://www.guardian.co.uk/business/2012/jun/22/mario-monti-week-save-eurozone> Eurozone crisis will c

hairman, Civic Platform, Warsaw Michael O'Neil, North American Director, the Trilateral Commission Lucas Papademos, Governor of the Bank of Greece, Athens Schelto Patijn, former mayor of Amsterdam, The Netherlands James A. Pattison, Chairman, President and Chief Executive Officer Jim Pattison Group I

Needletrades, Industrial and Textile Employees (UNITE), AFL-CIO, CLC Yuang Ming, Director, Institute of international relations, Peking University Mario Monti, Director-General, World Trade Organization Yoshiji Nogami, Former Vice Minister for Foreign Affairs, Japan Lucio A. Noto, Chairman and Chief Execu