"European stocks are up today, and I have no idea why. [...] [T]his looks like a disastrous meeting. More austerity, more posing of the crisis, wrongly, as being all about fiscal deficits; no mechanism for ECB funding. Somehow southern Europe is supposed to deflate its way to prosperity, while everyone runs a trade surplus, presumably against that potentially habitable planet we’ve discovered 600 light-years away.
Maybe Draghi’s actions will be very different from his words — but actually, since this is to an important degree about expectations, Europe needs both actions and words.
Oh, and for desert we have Cameron acting as a spoiler to protect the wheeler-dealers, poisoning EU politics."
Aber was anderes war bei seiner oft genug kommunizierten Meinung auch nicht zu erwarten.