die renationalisierung der ökonomie als sehnsucht verbindet linke und rechte gleichermaßen. am ende sind es nur zwei verschiedene formen chauvinistischer moral: die eine linksidealistisch garniert, die andere völkisch stramm.

mögen die märkte beiderlei hinwegfegen.

“You will still be able to see the Euro sign,” the ECB’s chief services officer assured staff in an email, with reference to the iconic euro sculpture.

The end of an era: ECB will abandon Frankfurt's Eurotower. Supervisors will move across the road into a modern building. “You will still be able to see the Euro sign,” ECB chief services officer assured staff, with reference to the iconic sculpture. pro.politico.eu/news/166707 $$$

ECB preaching water and drinking wine? pro.politico.eu/news/166192 $$$

ECB staff survey shows roughly 2%, or 56 employees, faced unwanted sexual conduct while 0.5 % or 15 were threatened with, or experienced, physical violence multiple times within a year. Almost a third of respondents feel discriminated against. pro.politico.eu/news/166199 $$$

17% of ECB staff say they were “shouted at or spoken to in an aggressive tone” or faced “offensive gestures” at least a few times a year and reported “offensive, humiliating or degrading comments.” pro.politico.eu/news/166199 $$$

Some lesson on the speed of monetary transmission

Will Italy keep its seat on the ECB's executive board after Panetta leaves? politico.eu/article/risky-…

Re-upping this in light of recent comments coming from Italy. politico.eu/article/critic…

Re-read this timely POLITICO piece where I discussed with Johanna Maria Treeck the importance (and the difficulty) for Italy to keep its seat on the European Central Bank board bipr.jhu.edu/newsandviews.c…

So tomorrow we will know more! pro.politico.eu/news/165265

“The key task of the next President is to successfully complete Finland’s integration to the Western security community as an active member of NATO,” Rehn said.
“The Nordic countries’ defence forces will jointly constitute a formidable defensive force in Northern Europe.“

“I am grateful for the encouragement and requests I have received from different walks of life and different parts of the country to run for the Presidency of the Republic of Finland,” Olli Rehn said. “I am currently seriously considering the candidacy.” pro.politico.eu/news/165265

The ECB’s governing council may lose one of its most experienced members to Finland’s presidential palace. The good news: Finland has somebody with a similar level of governing council experience waiting in the wings: Tuomas Välimäki. pro.politico.eu/news/165265 $$$

The frictions of the Italian government with its European partners create a risk of Italy losing a crucial seat on the European Central Bank board if Fabio Panetta succeeds Ignazio Visco Banca d'Italia. My 2p in a POLITICO article by Johanna Maria Treeck and Ben Munster politico.eu/article/risky-…

“There are now so many countries who are members that it will be increasingly difficult for Germany, France, Italy and Spain to insist on always having a board member,” said one former member of the Eurosystem’s top brass.
politico.eu/article/risky-…

“I think a larger representation of smaller countries would be very much welcome,” said a central bank governor of one such smaller member states.
pro.politico.eu/news/164341