每日新闻更新 — 欧洲央行的警告和(布鲁塞尔的)不满 The Daily Update – ECB warnings and displeasure

欧洲央行首席经济学家彼得·普拉特(Peter Praet)昨日表示,欧洲央行长期将利率维持在历史最低水平的政策可能会危及稳定。尽管他认为欧元区尚未面临资产泡沫的风险,但他认为会员国家自己需要批准地方性措施以阻止问题的发生。现在,普拉特认为欧元区仍然需要“大量的刺激”,他看不出什么明显的可见风险,但这并不是说事情可以改变。

普拉特说,“如果继续沿着长期保持低利率的道路走下去的话可能会给未来的金融稳定带来挑战”;他还说,“在这种情况下,必要时激活宏观审慎工具,对于确保适应力,包含顺周期行为以及防止出现金融失衡是至关重要的。”他接着说,“目前没有证据表明欧元区资产类别存在着过度的错位”,但是,“有迹象显示,特定细分市场的估值已经被人为地夸大”。

意大利新政府昨天同意2019年的赤字为 GDP 的2.4%。这一决定令布鲁塞尔感到不满,也让市场警觉起来。用欧洲经济专员皮埃尔·莫斯科维奇(Pierre Moscovici)的话来说,“我们对意大利既不尊重规则也不减少债务的做法没有任何好感,而且他们的债务仍然是个火药桶。”

意大利已经拥有欧元区仅次于希腊的最大的债务,朋友之间,还有什么比债务占 GDP 的131%一事更像难兄难弟。经济财政部长乔瓦尼·特里亚(Giovanni Tria),也是联合政府的一名独立人士,曾试图将赤字控制在1.6%,但没有成功,之前有传言说,如果他要是不(跟领导)保持一致,就会被“替代”。在撰写本文时,意大利10年主权债务收益率为3.17%,市场开盘后上涨了29个基点。

联合(政府的)副总理路易吉·迪马约(Luigi Di Maio)似乎对这个结果感到高兴。他在自己的脸书页面上刊登的一则消息中说(这些日子这种做法似乎已成常态),“今天是历史性的一天!今天意大利变了!有史以来第一次国家站在了人民的一边。有史以来第一次国家不再是拿走,而是给予。”

不用担心,我相信(意大利)的下一代人会非常高兴地过来买单的!

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