Europe
Here is the collection of articles related to European Economy
Economy, Europe. 2 July, 2012, 12:20
ESM is not there to buy bonds yet, and Germany is still the key
Despite apparent victory by Italy’s Prime Minister Mario Monti, there are still a number of hurdles before ESM can buy Italian bonds.
Economy, Europe. 28 June, 2012, 21:48
Europe: “Nein! Nein! Nein!” Revisited
The European debt crisis can still be characterised by three big Nos: no ECB backstop, no debt mutualisation, and no breakup, for now.
Economy, Europe. 27 June, 2012, 14:35
Killing fiscal union before it’s born
As the European political bubble went best, the politics in Europe is killing the only real solution to the Euro Crisis.
Economy, Europe. 25 June, 2012, 23:08
History lesson: the break-up of monetary unions
Political support is crucial for a currency union, and it is the stronger countries that brought a union to an end according to Standard Chartered
Economy, Europe. 25 June, 2012, 12:58
George Soros: The coming EU summit is crucial for the future of Euro
George Soros thinks if the the interrelation between banking and sovereign can’t be broken in the coming EU summit, the outcome would be fatal for Euro.
Economy, Europe. 23 June, 2012, 19:30
The Head of China’s sovereign wealth fund seems disappointed by the Europeans
Jin Liqun of China Investment Corporation is disappointed by the lack of masterplan to the solution of the Euro Crisis.
Economy, Europe. 22 June, 2012, 16:11
German IFO business confidence missed estimate for June
German IFO business climate index missed estimates. Weakness points to further slowdown in the German economy possible.
Economy, Europe. 21 June, 2012, 22:26
Lee Buchheit on capital control, Cyprus bailout, and others
Lee Buchheit, the lawyer who engineered the Greek debt restructuring, talks about capital control, why Cyprus is the next in line for restructuring, and others.
Economy, Europe. 20 June, 2012, 16:20
Italy’s industrial orders fell 12.35% y/y in April
Italy industrial orders fell 12.3% in April compared to a year ago, improved slightly from March.
Economy, Europe. 20 June, 2012, 14:07
Chart: That balance sheet recession in Germany
Richard Koo suggested that we should all blame ECB for PIIGS’s problem today as the ECB tried to save Germany from a balance sheet recession.
Economy, Europe. 18 June, 2012, 18:49
Chart: Euro area bond yields before and after Euro
This chart shows that euro area sovereign debts’ yields converged as Euro was introduced, but diverged as the Euro crisis started.
Economy, Europe. 18 June, 2012, 11:32
Greek Election: ND and PASOK might form a coalition
New Democracy and PASOK are likely to form a coalition according to the Wall Street Journal.
Economy, Europe. 18 June, 2012, 11:18
The Boring Euro Crisis
The boring Euro crisis has been progressing according to more or less the same script for the past few years, and nothing has been solved.
Economy, Europe. 15 June, 2012, 11:11
We still know too little about Spain’s bank bailout
Details on the Spanish banks bailout are still scarce. Cashless transaction for the bailout would be preferred, however.
Economy, Europe. 14 June, 2012, 22:11
Euro area funding requirement for 2012 by country
While Spain’s funding requirement should be able to be absorbed by Spanish banks, focus now should be shifted to Italy.
Economy, Europe. 12 June, 2012, 12:32
Ominous: sovereign CDS of Germany is widening
German CDS is now widening. It is even wider than Verizon, IBM, Pfizer and Microsoft now, suggesting deterioration of financial condition.
Economy, Europe. 12 June, 2012, 0:49
Welcome to the 1930s: possible capital control after Grexit
The EU is considering border control, capital control, and suspension of Schengen agreement in the event of Grexit.
Economy, Europe. 11 June, 2012, 12:56
On the Spanish banking bailout
Spain will receiving up to €100 billion, channeled through FROB, to recapitalise its torubled banks. Yet most remain sceptical.
Economy, Europe. 6 June, 2012, 19:45
European Central Bank keeps interest rates unchanged
The European Central Bank keeps interest rates unchanged as expected, although some expected a rate cut.
Economy, Europe. 6 June, 2012, 18:05
CLSA gives Europe 10 lessons from Asia
CLSA’s Eric Fishwick and Ines Lam studied what happened in the Asian financial crisis and offered some lessons for Europe.