Professional Documents
Culture Documents
One Financial
Andrei Wogen
finance.wogen@gmail.com
to provide some positive effects before now, shows that the political
divergence between countries in the Euro Zone are very much affecting ECB
policy. Not that anyone had any doubt that it wasnt up till now its just that
this whole QE thing proves it quite well in my opinion.
Overall then, whether or not QE will work will be interesting to see. If the
problems outlined above do materialize though, in my opinion they will very
much put into question the effectiveness of the ECBs newest easing measures
and the effectiveness of the ECB as a whole thereby allowing for more
economic and political discord. Also too it should be noted, QE hasnt started
yet and is not slated to start until March of this year. Plenty of time then for