M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
In what is likely to be a week full of weak economic data, the European Commission's measure for economic sentiment in the Eurozone recorded its biggest monthly drop in history (Bloomberg chart below). Meanwhile, a big question remains what will be asked by public sector creditors in return for bailout funds. Bloomberg is reporting, in Germany, this may include a restriction on corporate dividends and buybacks. A similar question will be asked about emergency support for emerging economies, especially if thus includes bilateral debt relief. #economy #markets #europe #EU #bailouts #buybacks #eurozone
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