Brady Bond per l’Eurozona

WASHINGTON, DC – L’odierno punto di vista che va per la maggiore nell’Eurozona è che la crisi è finita – i profondi timori, spesso esistenziali, emersi all’inizio di quest’anno sul futuro della moneta comune sono stati attenuati, e ora tutto è tornato sotto controllo.

Questo è in totale disaccordo con i fatti. I mercati dei titoli di Stato europei stanno nuovamente trasferendo un messaggio allarmante ai policymaker di tutto il mondo. Con i titoli di Stato delle nazioni “periferiche” dell’area euro in continuo calo, il rischio di un default sovrano irlandese, greco e portoghese è più alto che mai.

Questo succede malgrado il pacchetto di aiuti combinato, messo a disposizione a maggio dall’Unione europea, dal Fondo monetario internazionale e dalla Banca centrale europea per il salvataggio della Grecia, e malgrado il costante programma della Bce di acquistare i bond dei paesi periferici dell’Ue. In vista degli incontri annuali che si terranno tra poche settimane (seguiti a novembre dal summit del G20 a Seoul), il Fmi sta cedendo alle pressioni per dispiegare somme ancora più ingenti all’Ue con condizioni ancora più ridotte.

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