Eurowrap 31/07/12

More on Draghi’s “the ECB is all in” bluff

Can there be a happy outcome?

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Deutsche Bank blames euro crisis for earnings plunge

Everyone’s scapegoat.

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ECB (excluding Draghi) seems to have no idea what Draghi is talking about

Draghi’s promises are most likely to be a major disappointment. Especially if the ECB is kept out of the loop.

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Europe’s zero-sum poison

Europe is bound to live with distributional disputes, and it must find ways to address them.

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