Here is the collection of articles related to European Economy
Economy, Europe. 31 July, 2012, 13:10 ECB (excluding Draghi) seems to have no idea what Draghi is talking about
Mario Draghi seemed to have made his comments without any discussion or aggreement with his ECB’s colleagues in advance.
Economy, Europe. 30 July, 2012, 23:52 ECB could be setting the market up for disappointment
The ECB may probably disappoint the market in the coming Governing Council Meeting.
Economy, Europe. 30 July, 2012, 1:26 ECB may allow NCBs to purchase private assets, says Goldman Sachs
Goldman Sachs expects ECB to allow National Central Banks to purchase private assets.
Economy, Europe. 27 July, 2012, 15:55 The broken monetary policy transmission mechanism in euro area
Lending rates in Spain and Italy have failed to react to ECB’s rate cuts, while ECB’s influence on rates in core countries rose.
Economy, Europe. 27 July, 2012, 14:16 Swiss base money explodes as the SNB defends the peg
Swiss monetary base continues to surge as the Swiss National Bank defend the EURCHF peg amid capital inflows.
Economy, Europe. 27 July, 2012, 2:55 Greek deposits outflow continued to be elevated in June
Greek Bank deposits outflow remain elevated in June.
Economy, Europe. 26 July, 2012, 21:32 Mario Draghi: ECB will do “whatever it takes to preserve the euro”
Mario Draghi suggests that the ECB will do “whatever it takes to preserve the Euro” within ECB’s mandate.
Economy, Europe. 26 July, 2012, 17:04 Citi: Probability of Greek’s Euro exit rises to 90%
Citi now sees the probability of Greek’s exit of the euro area at 90%.
Economy, Europe. 26 July, 2012, 0:12 What Ewald Nowotny did not say regarding the ESM banking license
Market was excited about what ECB’s Nowotny said about the ESM banking license, except he did not really say anything.
Economy, Europe. 25 July, 2012, 16:05 German IFO business confidence missed estimate for July
German IFO Business confidence fell further in July and missed estimates.
Economy, Europe. 25 July, 2012, 0:13 Spain’s CDS spread is converging toward Portugal’s level
As Spanish yields reach one record high after another on a daily basis, CDS spread is converging towards Portugal’s level.
Economy, Europe. 24 July, 2012, 16:19 French and German Manufacturing PMIs fall further in July
French and German manufacturing PMIs for July point to further contraction.
Economy, Europe. 23 July, 2012, 14:24 Spanish yields reach yet another Euro era record high
Spanish 10-year government bond yield just reached another euro era record high.
Economy, Europe. 11 July, 2012, 12:03 Spain’s funding requirements could be higher than previously thought
As Spain’s funding requirements could be higher than previously thought, more buyers for its debts are needed.
Economy, Europe. 2 July, 2012, 17:22 Euro area unemployment rate hits another euro era record high in May
Euro area unemployment rate hits yet another euro era high, while manufacturing PMIs largely show continued contraction.