The Banking and Strategy Initiative

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Tag Archives: European Financial Stability Facility

Global Moves: Spanish Downgrades, ESM and No Banking Union

With Merkel shooting down the concept of a Banking union with Joint Deposit insurance and Eurobonds not even making most headlines, the Euro is set for an extended fall as … Continue reading

June 25, 2012

Europe and Greece: A couple of ECB co-opts may make the cut.

Even as Angela Merkel again timed here political apology to Greece for the last minute, the default discussions for Greece with Bondholders now safely include options for the EUR 4 … Continue reading

February 8, 2012

China helps itself to a few Euro?

Markets reacted abruptly to China’s welcoming comments for Angela Merkel in Beijing. China had made similar noises when Klaus Regling , the EFSF head had visited Beijing at the end … Continue reading

February 2, 2012

The EFSF has been downgraded by S&P | Insight Europe

For some reason, S&P did not need any working days to discover if the remaining AAA countries would take affirmative action after German PM Angela Merlkkel mentioned the downgrade may … Continue reading

January 16, 2012 · 1 Comment

European Sovereign Debt Crisis: Decoupling now? | Insight Europe

Even as 9 downgrades drown out peace and quiet in the US on Martin Luther king Holiday ( His birthday was yesterday) ECB deposits are about to hit the EUR … Continue reading

January 16, 2012 · 1 Comment

The Euro wait for downgrades | The Telegraph (Reuters)

Europe got thru another round of auctions, the three Year Italian Bonds running up a lower than 5% yield, making people demand a valid risk on trade as low yields … Continue reading

January 13, 2012

European Debt Crisis: ECB engenders new confidence (Banks and companies) : Refresh edition

Even as deposits at the ECB grew  to EUR 464 bln, the constrained borrowing from the Emergency lending facility  by Friday bought the crisis watermark lower . Thursday’s usage of … Continue reading

January 10, 2012 · 3 Comments

What Germans made of the Euro in ten years

The chart is self explanatory. Germany has too many benefits from the Economic Union to mind being the largest share (27%) of funding in the ECB or otherwise, but is … Continue reading

December 10, 2011

More S&P Downgrades: Rating agencies may target tacky collateral

The matter for France Even as European ministers get busy to mull over fiscal union and other options to extend EFSF stretches for the ultimate solution due at the December 5-7 … Continue reading

November 30, 2011 · 2 Comments

Corporate Europe at divergence, plans downfall of the Euro

Image via CrunchBase The EFSF insufficiencies unbecoming of the new bailout paradigm even appreciated by rating agencies like S&P, have tinerantly bugged corporates in the Euro zone.EZ corporates running a … Continue reading

November 30, 2011