Tο Ροϊτερς -με Νοβότνυ- ξεβρακωνει τον EFSF – ΑΠΟΚΑΛΥΨΗ -

(Reuters) – There are arguments for giving Europe’s permanent rescue fund a banking licence to increase its capacity, European Central Bank Governing Council member Ewald Nowotny said, breaking ranks with ECB colleagues who have vehemently opposed the idea.

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banking licence would allow the European Stability Mechanism (ESM) to participate in the ECB’s liquidity operations, where it could exchange the bonds it has bought to support highly indebted countries for fresh cash and thus increase its firepower without additional government funds.

Asked about giving the ESM a banking licence, Nowotny told Bloomberg in an interview released on Wednesday: “I think there are pro arguments for this.

His comments pushed the euro higher and European shares turned positive on the idea that the euro zone bailout fund’s firepower to tackle the region’s deepening debt crisis could be boosted.

Nowotny, however, said that the issue was far from settled and that it was not being actively discussed right now – an indication that, if were to be considered, it would take time to agree on the measure.

“There are also other arguments, but I would see this as an ongoing discussion,” he said, adding that he was “not aware of specific discussions within the ECB at this point.”

France has been behind a push to give Europe’s ESM bailout fund a banking licence so it can tap cheap ECB funding and increase its firepower.

The ECB has repeatedly rejected the idea, arguing it would be thinly disguised monetary financing of governments. – ΔΛΔ ΣΗΜΕΡΑ O EFSF ΤΙ ΕΙΝΑΙ?

ΔΕΝ ΕΙΝΑΙ ΕΝΑ ΚΑΚΟΜΕΤΑΜΦΙΕΣΜΕΝΟ ΟΧΗΜΑ ΧΡΗΜΑΤΟΔΟΤΗΣΗΣ ΚΡΑΤΩΝ ΜΕΛΩΝ ΧΩΡΙΣ ΑΔΕΙΑ ΝΑ ΛΕΙΤΟΥΡΓΕΙ Ως ΤΡΑΠΕΖΑ ! ΧΩΡΙΣ ΑΔΕΙΑ ΤΡΑΠΕΖΑΣ, ΣΕ ΠΡΟΣΧΕΔΙΟ ΣΥΜΒΑΣΗΣ!! ΤΟ ΟΠΟΙΟ ΠΙΕΣΑΤΕ ΝΑ ΣΥΜΦΩΝΗΘΕΙ-ΨΗΦΙΣΤΕΙ ΣΤΗ ΒΟΥΛΗ ΤΩΝ ΕΛΛΗΝΩΝ- ΧΩΡΙΣ ΜΕΧΡΙ ΣΗΜΕΡΑ ΝΑ ΕΧΕΙ ΥΠΟΓΡΑΦΕΙ Η ΣΧΕΤΙΚΗ ΔΑΝΕΙΟΔΟΤΙΚΗ/ΧΡΗΜΑΤΟΔΟΤΙΚΗ ΣΥΜΒΑΣΗ…! αρα, ΟΛΟΙ ΜΑΖΙ ΕΙΣΑΣΤΕ ΓΙΑ ΦΥΛΑΚΗ ΜΕ ΠΙΣΙΝΑ !

Monetary finance has been a taboo for the ECB, though when asked in a weekend newspaper interview about doing more to support the economy, ECB President Mario Draghi said: “We are very open. We do not have any taboos.”..” ΕΠΙΤΡΕΠΟΥΜΕ ΣΕ Α.Ε. ΜΗ-ΤΡΑΠΕΖΕΣ ΝΑ ΔΑΝΕΙΖΟΥΝ ΜΕ ΤΟΚΟ ΜΑΥΡΑ…ΚΥΡΙΑΡΧΑ ΚΡΑΤΗ ΜΕΛΗ ΤΟΥ ΕΥΡΩ. ΠΟΥ ΤΟ ΕΙΔΑΤΕ ΤΟ ΤΑΜΠΟΥ? ΕΙΜΑΣΤΕ ΟΡΘΑΝΟΙΧΤΟΙ ΣΤΑ ΠΑΝΤΑ ΟΛΑ”

At a news conference on July 5, Draghi was asked about the ECB’s view on granting the ESM rights to participate in ECB liquidity operations, and said that it would have grave consequences.

“I don’t think there is anything to gain in destroying the credibility of an institution, asking it to behave outside the limits of its mandates,” Draghi said. – ΣΕ ΠΟΙΑ ΑΞΙΟΠΙΣΤΙΑ ΑΝΑΦΕΡΕΤΑΙ Ο ΝΤΡΑΓΚΙ? ΤΗΣ ΕΚΤ ΠΟΥ ΕΠΙΤΡΕΠΕΙ ΕΚΤΡΟΠΑ ή ΤΟΥ EFSF/ESM ΤΑ ΟΠΟΙΑ ΔΕΝ ΕΧΟΥΝ MANDATE?? ΚΑΝΕΙ ΠΛΑΚΑ…! ΣΕ ΕΥΡΩΓΙΔΙΑ. ΑΝ ΕΙΧΕ ΣΑΦΕΣ MANDATE Ο EFSF/ESM ΔΕ ΘΑ ΕΔΙΝΕ ΜΑΥΡΑ ΣΤΟ ΓΟΝΑΤΟ…

In the Bloomberg interview, Nowotny also said that while the inflation outlook had softened, the central