French fin min out with a few comments 19 Feb
An understanding on how to drag the sorry bailout saga even longer ?
- France wants ESM strengthening
- De Guindos has all skills to be a good ECP VP
Also from Europgroup meeting Germany's acting fin min Altmaier also backing De Guindos, perhaps in the hope/understanding that a German gets the top job next year when Draghi steps down.
Meanwhile EURUSD down to 1.2375 as USD demand returns
