Fiscal Committee Meets Resistance from Merkel

June 26 (Bloomberg) -- Mike McKee reports that Spanish and Italian bond yields are rising again, approaching unsustainable ranges and causing concern. A hand-picked committee has put together a proposal to adapt fiscal authority in Europe, but is meeting resistance from German Chancellor Angela Merkel. McKee joins Mark Crumpton on Bloomberg Television's "Bottom Line."

Can Central Banks Remain Tight in Spite of QE?
21:09 - Marios Maratheftis, chief economist at Standard Chartered Bank, examines global monetary conditions in the aftermath of quantitative easing and how Europe responds to risks. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
  • What Is China's Interest in Middle East Investment?
  • China Manufacturing Tumbles to Three-Year Low
  • Oil Supply, Demand Dynamics About to Change: Maratheftis