European Banking Union

And the stock market reacted nervously. The courses were temporarily down. And the ECB? Only a few days ago whose Chief, Mario Draghi, has reviewed again on the occasion of an event of the Israeli Central Bank, that the loose monetary policy will keep and one far removed was from a Exit. It is a repeat when he said this occasion that an additional easing cannot be ruled out. The continuation of bond purchases in the OMT programme continues to be part of the current monetary policy.

And they reserve themselves to further measures. The European Banking Union. This topic has long been up for discussion. Basically taken it is agreed that a common European banking supervision is required and must be created. But just the Finance Ministers of the euro area countries do a tug of war within the framework of the creation of such a body. The claim must be to build a single banking supervisor whose role is to enforce a uniform settlement regime. To be played must be according to rules, which apply equally to all and which are characterized by hardness.

At the recent meeting of Finance Ministers in Luxembourg you has now agreed on certain principles for direct aid to ailing banks from the euro Rescue Fund ESM. Such aid have the objective prevent problems by financial institutions at the same time States in trouble. Particularly Italy and Spain had reached before about a year later to insert Bank assistance from the ESM to bail out ailing banks. First 60 billion euros from the pot of the ESM to can be used for Bank aid. The German Finance Minister, Wolfgang Schauble, said the ESM could be only the last station under tight conditions for ailing banks. He pointed out that the ESM is not a source for capital requirements for a bank. ESM payments should be made only if, for example, the country gets itself otherwise problems or the Bank failure could bring the financial system falters. And the home state of the Bank must assume part of the cost. Primary shareholders and creditors claim must be made. The rules for a hierarchy of liability must be strictly observed. Aims, as far as possible to let the taxpayers. Direct payments from the ESM not before the second half of the year are expected 2014Th first European banking supervision must have started their work. The DAX German share index brought much joy to investors in recent weeks. The courses were characterised by highs temporarily. And Yes up to the large date and Shabash on June 21. The German DAX stock index crashed and went deep red at the weekend. The question remains whether it was only at the suggestion of the Chief of the U.S. Federal Reserve or other factors play a role. At the moment, investors seem to be nervous. Especially the car and solar values slide into negative attention. The pure investment market situation has not improved. It is clearly marked by the “era of cheap money” which operates the European Central Bank. There is no end in sight. This means the investor: minor interest, low yields. And only a consolation: the plant safety. Informed about the current situation of fixed-term deposits and their numbers including a comparison calculator: festgeld-zinsen-vergleich.

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