“Significant economic damage” is a “price worth paying.” But businesses are not so sure… Read More Support for Hard Brexit in the UK Hardens
Even Italian banks are dumping Italian government bonds… Read More What’s Keeping Italy’s Government Debt from Blowing Up?
The geopolitical template of the entire European Union is undergoing one of its most profound changes since the collapse of the Soviet Union more than twenty-five years ago… Read More Turkey, Russia and Interesting New Balkan Geopolitics
As the age-old adage goes, desperate times call for desperate measures… Read More Leaked: EU Plans to Freeze Deposits to Prevent Bank Runs
“Political sanctions should not be associated with economic interests”… Read More US Sanctions on Russia: Dagger At the Heart of Europe
How can the City of London be a member of the EU if its system of governance contravenes the basic rules on EU membership?… Read More Is the City of London Already Outside the EU?
More than just a few “fallen angels”… Read More The ECB Morphs into the Mother of All “Bad Banks”
Oh the irony: EU capitals are trying to attract the very institutions that caused some of the worst financial scandals of the last ten years… Read More Did the City of London Just Press the Panic Button on Brexit?
The Doom Loop is Back… Read More A New Problem Is Brewing for Italy’s Banks
EU survey results show respondents overwhelmingly oppose proposals to impose an EU-wide cash ceiling that would throttle use of cash… Read More People Not Amused by EU Efforts to “De-Cash” their Lives
Only two things keep these banks alive: “a State willing to support them and a regulator that does not declare them insolvent”… Read More Many European Banks Would Collapse Without Regulators’ Help: Fitch
What would a disorderly bank collapse in Spain and Italy have done?… Read More Autopsy of Banco Popular Shows Fragility of EU Banking System