Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Anleihen: Bundesbanker Theurer sieht stark gestiegene Risiken für Schuldenkrise in Europa

Die Staatsverschuldung in Europa wird zunehmend zum Risiko für die Finanzmärkte. Bundesbank-Vorstand Michael Theurer fordert eine langfristige Strategie – und kein verfrühtes Eingreifen der EZB.

Anleihen: Bundesbanker Theurer sieht stark gestiegene Risiken für Schuldenkrise in Europa

Michael Theurer, a member of the Bundesbank executive board, has raised concerns about the risks associated with a potential European sovereign debt crisis. He interprets the recent bond sales in Europe as a "clear warning signal" indicating growing nervousness among investors. Theurer pointed out in an interview with Germanyfunk that recent developments, including those in France and the United States, demonstrate that fiscal and political uncertainties can impact markets for government bonds.

While there is no systemic sovereign debt crisis currently, he noted that risks have significantly increased. In France, political and economic difficulties led to a decline in bond market prices. This turbulence has spread to other highly indebted Eurozone countries, prompting speculation about potential intervention from the European Central Bank (ECB).

Theurer emphasized that policymakers in France and across the Eurozone are reportedly "very well aware of what is at stake." French Finance Minister Roland Lescure's budget plan includes measures amounting to 43 billion euros to reduce the deficit and ease investor concerns. Italy's government, in a short-term change to its budget plan, reduced defense spending to lower the deficit.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Finance & Markets

More from Sunday 11 October →