Eurowrap 27/07/12
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Eurowrap 27/07/12

A focus on the key news and analysis surrounding the eurozone crisis


Swiss base money explodes as the SNB defends the peg 

Why Switzerland’s monetary base has spiked and why it can afford to do so.

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German MP: “Draghi is a thief of people’s savings” 

Factions within the ruling German coalition believe ECB policy would be inflationary.

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Kill the euro now?

Where the PIIGS are all pregnant and Germany is the father, will Europe ever be a happy family?

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The broken monetary policy transmission mechanism in euro area

Hinting at a possible resumption of the securities markets programme.

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