SocGen's Bini Smaghi Says ECB's Steady Hand Helped Europe

The video discusses the widening yield spread between French and German bonds, indicating market unease. It explains the complex French election process, including multiple rounds and the impact of polls. The volatility of polls is highlighted, with comparisons to Brexit and US elections. Uncertainties in election outcomes are explored, focusing on unknown factors that could influence results. The video concludes with an analysis of how these political events affect the European Central Bank's monetary policies, emphasizing the need for stability and careful timing of tapering measures.

What uncertainties are mentioned regarding the upcoming elections?

What implications might the 2017 elections have for Europe and the European Central Bank?