Interview Dutch Central Bank president and ECB's Klaas Knot

Dear reader,

after Mr Knot gave an interview to German newspaper "Die Welt" on Saturday 20th, he was interviewed live¹ on Dutch public TV (Nederland 1), where he elaborated not only on the announced OMT program of the ECB, but also gave insights concerning:

- The situation of Spain and Spanish banks (and whether PM Rajoy should apply for ESM or not)
- The situation of Greece
- Imbalances in the EMU (he was ruling out "transfer union")
- Latest summit results and banking union
- The need and time frame for financial support of Southern Europe
- The re-positioning of the IMF re fiscal multipliers and sensibility of austerity
- The Dutch housing market
- Dutch dependence on exports to other EMU countries
- The current lack of consumer confidence in NL


Interview "Die Welt":
ECB's Knot backs call for EU commissioner (The Telegraph, Oct 21st 2012)
ECB’s Knot Backs Schaeuble Call for Stronger EU Budget Power (Bloomberg, Oct 21st 2012)
"Draghi ist unsere Stimme" (Die Welt, Oct 21st 2012) #
Notenbankchef Knot:"Ist die Preisstabilität gefährdet, greifen wir ein” (Die Welt, Oct 20th 2012) #


Interview Dutch public TV:

Uitzending gemist: Buitenhof Oct 21st 2012 (video, approx 30minutes) *
(note: Microsoft (c) Silverlight 2.0 required) 

(First part of program is with Klaas Knot and approx. after 30 minutes other guests talk about privacy protection)



# = German , * = Dutch language

¹= assumption of this author

related article:
Rutte calls for budgetary discipline commissioner (europeanvoice.com, Sept 8th 2011)

Dutch debate on inflation/deflation in the euro area

Dear reader,

this blog here is supposed to give the facts only, so before commenting¹ on the latest discussion in The Netherlands here are the related pieces:

* Where is that inflation ? (Follow the money, Apr 20th 2012) (via @edinmujagic)
* Rising inflation isn't a conceivable danger, but a fact (sylvestereijffinger.com, Oct 19th 2012) (via @SCWEijffinger) 
* Deflation myths exposed (De overheidsschulden crisis) (via @HansvanVliet2)
* Inflation or deflation, a bit nuance, please ... (robinfransman.com, Oct 20th 2012) (via @StHFC)
* What Sylvester Eijffinger and Edin Mujagic don't know about inflation (luxeveritas.nl, Oct 21st 2012)
* Inflated reputations (Follow the money, Oct 22nd 2012)(via _basjacobs)
* Money, prices and deflation in Greece.
   An answer to the question of Eijffinger and Mujagic   (luxetveritas.nl , Oct 22nd 2012)(via @MerijnKnibbe)
* Chart of the day:The effect of VAT hikes on inflation in the EU (luxetveritas.nl, Oct 31st 2012)
* Faith and flation gurus (rabobank.nl , Dec 3rd 2012)(via @hanswstegeman)

* = Dutch language



¹=hint: it will be very close to Robin Fransman's opinion for all parties involved

last updated: Oct 22nd 2012 2120 CET

Position(s) of France

French banks won't be broken up under reform - finance minister Moscovici (Reuters, Dec 7th 2012)
Hollande Rebuffs Critics, Asks to Be Judged in 5 Years on Jobs (Bloomberg, Nov 14th 2012)
Hollande fires warning shot at Merkel over austerity on eve of EU summit (Guardian, Oct 17th 2012)
What Germany, France and van Rompuy want in a fiscal union (FTAlphaville , Oct 17th 2012)