Discover and read the best of Twitter Threads about #eurobonds
Most recents (18)
The previously mentioned Mikhail Podolyak was quick to use the #Bucha "massacre" to ask for more weapons
It's worth noting that the Rus Army left the town on Mar 30,,,,4 days ago but footage appeared only today
It's worth noting that the Rus Army left the town on Mar 30,,,,4 days ago but footage appeared only today
#RussiaUkraine
#UAV footage of a strike on a Ukr target during the battle for #Izum at the end of March
#UAV footage of a strike on a Ukr target during the battle for #Izum at the end of March
‼️‼️it's publications time!‼️‼️
In this work - co-authored with Roel Beetsma (EU Fiscal Board), Frank Vandenbrouke (Belgian Gov), @anniekderuijter and Brian Burgoon (both UvA), we ask a *key* question: which type of Fiscal Capacity do Europeans want?
⬇️⬇️
academic.oup.com/economicpolicy…
In this work - co-authored with Roel Beetsma (EU Fiscal Board), Frank Vandenbrouke (Belgian Gov), @anniekderuijter and Brian Burgoon (both UvA), we ask a *key* question: which type of Fiscal Capacity do Europeans want?
⬇️⬇️
academic.oup.com/economicpolicy…
In particular, we use an experiment to causally infer the effect of alternative policy designs on public preferences.
We use a randomized conjoint experiment in 5 key EU countries - NL, FR, ES, IT, DE - to assess hundreds of alternative EU fiscal capacity designs.
We use a randomized conjoint experiment in 5 key EU countries - NL, FR, ES, IT, DE - to assess hundreds of alternative EU fiscal capacity designs.
Our alternative designs are quite detailed: they vary over several dimensions, including (1) budgetary conditions (2) areas of spending (3) role of the EU Commission (4) degree of cross-national redistribution (5) impact on domestic taxation (6) fines and compliance.
𝗛𝗼𝘄 𝘁𝗼 𝗶𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝗡𝗶𝗴𝗲𝗿𝗶𝗮𝗻 𝗘𝘂𝗿𝗼𝗯𝗼𝗻𝗱𝘀.
Before #investing in Eurobonds, weigh the bond’s risk characteristics and set them against the interest rate to know if it is worth it.
Credit: @ChikeOlisah
Before #investing in Eurobonds, weigh the bond’s risk characteristics and set them against the interest rate to know if it is worth it.
Credit: @ChikeOlisah
As of 2019, Nigeria’s Eurobonds were regarded as one of the top 5 best-performing Eurobonds in the world.
Although Nigeria’s Eurobonds remain one of the most profitable in the investment world, not many individuals know how to invest in them.
Although Nigeria’s Eurobonds remain one of the most profitable in the investment world, not many individuals know how to invest in them.
The Federal Government and a number of corporate organisations in the country subscribe to #Eurobonds and issue them quite often, lending credence to their attractiveness as an investment tool.
#threadseries
Nigerian Stock Market
The #equities market presents attractive opportunities for #investors in form of capital appreciation and dividend return given the low yield environment in the fixed income space.
Nigerian Stock Market
The #equities market presents attractive opportunities for #investors in form of capital appreciation and dividend return given the low yield environment in the fixed income space.
#Nigerian stocks are currently undervalued and present an opportunity for growth in the short to medium term.
The current #ROI in the #equities market is positive with a YTD return at over 47.5% compared to the #inflation rate at 14.9%.
The current #ROI in the #equities market is positive with a YTD return at over 47.5% compared to the #inflation rate at 14.9%.
We believe #stocks in the #financial services (mostly #banks), ICT, and the #industrial sectors present strong prospects for growth given their resilience to the #economic recession.
Monsieur Le Maire, on ne peut vous enlever votre cohérence idéologique. Mais je m'étonne que vous n'ayez trouvé comme modèles que des ministres d'Ancien Régime et qu'aucun ministre de la République n'ait trouvé grâce à vos yeux. #PLFR3 #DirectAN videos.assemblee-nationale.fr/direct.9267125…
Pour vous, le problème c'est l'offre. Nous avons le point de vue exactement inverse. Pour nous, le problème c'est la demande. #PLFR3 #DirectAN videos.assemblee-nationale.fr/direct.9267125…
Vous nous donnez comme raison de nous réjouir le fait qu'il y aura des États désormais garantis par plusieurs États, les #Eurobonds. Mais cela reste de la dette. Or la question qui se pose aujourd'hui est celle de l'effacement de la dette. #PLFR3 #DirectAN videos.assemblee-nationale.fr/direct.9267125…
We'll be picking some choice quotes and insights from our TEPSA Debate hosted with @IAIonline
Stay tuned for more from @Poli_Eleonora, @NicolePirozzi, @carolinaplescia, and @ilketoygur
/THREAD
Stay tuned for more from @Poli_Eleonora, @NicolePirozzi, @carolinaplescia, and @ilketoygur
/THREAD
"The idea that Europe is not solving domestic problems is nothing new - we've been seeing it for decades"
- @carolinaplescia from @UniboMagazine, our first featured speaker, on growing Euroscepticism in Italy since the early 2000s
/1
- @carolinaplescia from @UniboMagazine, our first featured speaker, on growing Euroscepticism in Italy since the early 2000s
/1
"The rhetoric on the EU has always been different between government and opposition, but now the government is talking more about the EU negatively"
- @carolinaplescia on changes to 'blame shifting' in Italy in recent times
/2
- @carolinaplescia on changes to 'blame shifting' in Italy in recent times
/2
Qui @cottarelliCPI sostiene che #MES e #Eurobonds sono di fatto la stessa cosa: si chiede a prestito tutti insieme e ognuno spende.
Purtroppo Cottarelli canta la mezza messa, perché omette LA differenza principale tra le due opzioni
1/n
video.repubblica.it/dossier/operaz… via @repubblica
Purtroppo Cottarelli canta la mezza messa, perché omette LA differenza principale tra le due opzioni
1/n
video.repubblica.it/dossier/operaz… via @repubblica
Nel caso del MES, si prende a prestito tutti assieme, è vero, per poi PRESTARE a chi ne faccia richiesta. Il MES è una banca di proprietà dei paesi Euro. E se chiedo in prestito in banca mi indebito.
Quindi, il ricorso al MES comporta un aumento del debito pubblico del paese.
2/n
Quindi, il ricorso al MES comporta un aumento del debito pubblico del paese.
2/n
Nel caso di Eurobonds, invece, chi si indebita è la collettività.
Si prenda questa interessantissima proposta di @AndreaBoitani e Tamborini
lavoce.info/archives/64866…
Ad indebitarsi sarebbe un Fondo (il cui capitale come per il MES sarebbe versato dagli Stati).
3/n
Si prenda questa interessantissima proposta di @AndreaBoitani e Tamborini
lavoce.info/archives/64866…
Ad indebitarsi sarebbe un Fondo (il cui capitale come per il MES sarebbe versato dagli Stati).
3/n
Ho scritto al Foglio per replicare @lucianocapone #mes #Eurobonds
Signor Direttore:
mi è stato segnalato l’articolo di Luciano Capone pubblicato sul Suo Giornale sotto il titolo: “Caro Tremonti, chi ha trattato e firmato il Mes è stato proprio lei”. 1/13
Signor Direttore:
mi è stato segnalato l’articolo di Luciano Capone pubblicato sul Suo Giornale sotto il titolo: “Caro Tremonti, chi ha trattato e firmato il Mes è stato proprio lei”. 1/13
“Caro Tremonti” a parte, il Capone ha scritto producendosi in un triplo falso: un falso-falso, un falso per omissione, un falso per riduzione.
2/13
2/13
Il falso-falso: il Capone sostiene che avrei votato l’istituzione del MES. Falso! Basta leggere quanto dichiarato in Parlamento dal Governo Monti: 3/13
1/6 After long and intense conversations the last couple of days, the #Eurogroup came to a good conclusion today. We made sensible agreements together for Europe and the NL to face the #coronacrisis.
2/6 We have put a comprehensive package on the table that will help countries finance the medical costs, that will help companies and our employees. Under the right conditions it will also help to build our national economies on the long-term.
3/6 The #ESM can provide financial help to countries without conditions for medical expenses. It will also available for economic support, but with conditions. That's fair and reasonable.
1/7 De afgelopen dagen waren intensief, maar we hebben een goede uitkomst bereikt in de #Eurogroep vandaag.
We hebben verstandige afspraken gemaakt voor Nederland én Europa om de gevolgen van de #coronacrisis het hoofd te bieden.
We hebben verstandige afspraken gemaakt voor Nederland én Europa om de gevolgen van de #coronacrisis het hoofd te bieden.
2/7 We leggen een omvangrijk pakket neer dat landen helpt om medische kosten op te vangen, we helpen bedrijven en werknemers en we bouwen samen onder de juiste voorwaarden aan sterke economieën en gezonde overheidsfinanciën voor alle landen.
3/7 Bij de discussie over het #ESM hebben we kunnen vasthouden aan onze inzet: via het ESM kunnen landen hulp krijgen om hun medische uitgaven op te vangen, zonder voorwaarden.
Very long, intense and also constructive #Eurogroup about this #coronacrisis that affects us all.
We’re dealing primarily with a health crisis and it’s important that Europe makes funds available. We also agreed on EIB support for our struggling companies and entrepreneurs.
We’re dealing primarily with a health crisis and it’s important that Europe makes funds available. We also agreed on EIB support for our struggling companies and entrepreneurs.
NL was and remains against the idea of #Eurobonds, we think this will create more problems than solutions for the EU. We would have to guarantee debts of other countries which isn’t reasonable. The majority of the Eurogroup shares this view and does not support Eurobonds.
On the use of the ESM is no compromise yet and therefore the leaders must decide on this topic. The ESM is a lender of last resort when countries are in deep financial trouble. In our view the use of this budget has to come with some form of conditions.
Een lange, intensieve maar ook constructieve #Eurogroep gehad over de zware #coronacrisis die al onze landen raakt. Tegelijkertijd is het te vroeg voor een totaalpakket.
Dit is in de eerste plaats een gezondheidscrisis. Het is belangrijk dat Europa hier extra geld voor vrijmaakt.
Dit is in de eerste plaats een gezondheidscrisis. Het is belangrijk dat Europa hier extra geld voor vrijmaakt.
NL was, is en blijft tegen #Eurobonds, omdat we daarmee risico's in Europa vergroten ipv verkleinen. Behalve onverstandig is het ook niet redelijk; NL zou in dat geval voor de schulden die anderen maken garant moeten staan. De meerderheid van de eurozonelanden steunt deze lijn.
Over de inzet van het ESM is nog geen overeenstemming. Het ESM is het ultieme redmiddel voor als een land in ernstige financieel-economische problemen dreigt te komen. NL is bereid om in deze uitzonderlijke omstandigheden het ESM te gebruiken voor medische kosten van corona.
📊🇮🇹 73,3% des Italiens sont favorables à l'émission d'#eurobonds MAIS...
56,8% souhaitent que cela se fasse sans conditions et sans perte de souveraineté.
Seuls 19,5% sont donc prêts à les accepter avec un transfert de pouvoir vers l'UE.
Termometro Politico, avril 2020
56,8% souhaitent que cela se fasse sans conditions et sans perte de souveraineté.
Seuls 19,5% sont donc prêts à les accepter avec un transfert de pouvoir vers l'UE.
Termometro Politico, avril 2020
📊🇮🇹🇪🇺 Confiance des Italiens envers l'UE
(Évolution par rapport à mai 2018)
Total Confiance 30% (-11 pts)
Total Pas confiance 70%
Termometro Politico, avril 2020
(Évolution par rapport à mai 2018)
Total Confiance 30% (-11 pts)
Total Pas confiance 70%
Termometro Politico, avril 2020
📊🇮🇹🇪🇺 Et pourtant...
Soutien à "l'Europe unie" 55%
Opposition à à "l'Europe unie" 34%
Istituto Piepoli, mars 2020
Soutien à "l'Europe unie" 55%
Opposition à à "l'Europe unie" 34%
Istituto Piepoli, mars 2020
The usually progressive Dutch satire @zondagmetlubach takes nationalist tour on #Eurobonds. Presents us vs them rhetoric, portraying 🇳🇱 as virtuous unified whole. Singles out Italy and Italian Eurosceptic populists as culprits. #zml
youtube.com/watch?v=wkmTFM…
youtube.com/watch?v=wkmTFM…
It's a significant development, when once progressive satire programmes like @zondagmetlubach - the Dutch answer to @TheDailyShow and @LastWeekTonight - well-known for this video 👇, turn nationalist.
youtube.com/watch?v=ELD2Aw…
youtube.com/watch?v=ELD2Aw…
There is a good argument to be made that citizens in a democracy carry a responsibility for the politicians they vote into office. Voting Berlusconi / DiMaio / Salvini into office has consequences. To the same extent as voting Rutte / Wilders / Baudet.
Ein paar Überlegungen (man könnte Buchbände füllen) zur Finanzierung von Ausgaben, verursacht durch die Coronakrise, in der EU. #eurobonds #coronabonds #omt #ecb 1/11
Wie sich schon in der Staatsschuldenkrise 2012 gezeigt hat, reicht die Geldpolitik nicht aus, um wirtschaftlichen Schocks in einer Währungsunion angemessen zu begegnen. Glücklicherweise haben wir mittlerweile auch den #ESM. Aber werden die vorhandenen Mittel reichen? 2/11
Die Geldpolitik, d.h. die ECB, hat schon Schritte gesetzt: die Ausweitung des Wertpapierankaufprogramms mit dem sperrigen Titel „Pandemic Emergency Purchase Program“ um 750 Mrd. Euro bis Jahresende. Dazu kommen die technisch klingenden Liquiditätsprogramme LTRO u. TLTRO III. 3/11
A few words about the "moral hazard" in the eurozone discussion, which has resurfaced as part of the #Eurobonds debate...
Talk of "symmetric" threat to €zone & that "2020 isn't 2010" is understandable as it stresses unique nature of Covid-19 crisis & sense we're all in same boat, but it may inadvertently give “moral hazard" argument of early € crisis days greater legitimacy than it deserves 1/7
In terms of shaping policy in the 2010+ crisis, the moral argument was a bit of a cop out. It was partly based on some myths, including that a select few member states had benefited from the euro & the crisis was caused solely by endogenous factors in the same countries 2/7
Europe's "Hamiltonian Moment" Must Be Now! A short thread.
EU econ forecasts are quickly being revised to the Covid19 reality of maybe 15+% drops in GDP in 1H 2020. This from a perfectly exogenous shock that no member state had any culpability in, invalidating any claim of 1/n
EU econ forecasts are quickly being revised to the Covid19 reality of maybe 15+% drops in GDP in 1H 2020. This from a perfectly exogenous shock that no member state had any culpability in, invalidating any claim of 1/n
"legacy issues" or moral hazard. The fiscal costs of #covid19 are instead coming from a shared - to quote Macron - "war experience" across Europe. This makes this moment in European history quite similar to the US in 1790, as Alexander Hamilton struck a deal to let the 2/n
new US federal government assume the debts of the US states, which had almost all been incurred in pursuit of the shared endeavor of the US War of Independence against the UK. It was this political fact - costs of a shared experience and not decades of an individual US state 3/n
