Clik here to view.
Draghi Could Dodge Deposit-Rate Dilemma as Europe Cheers Up
For Mario Draghi the last cut could be the deepest. Unlike the Federal Reserve and the Bank of England, the European Central Bank is perceived to still have room left with traditional measures to...
View ArticleClik here to view.
Merkel Flies Into Cyprus to Consider Nation’s Not-So-Small Debt Problem
German Chancellor Angela Merkel joined her European conservative counterparts at a resort in Cyprus for a meeting of the European People’s Party. For those in Cyprus, the event doubled as a rally for...
View ArticleClik here to view.
Euro Crisis Drops in Search Rankings — But May Not Be Over
The euro crisis is not on the mind of investors as much as it was over the past two years. The most recent day for which data is available shows references to “euro” and “crisis” within three words of...
View ArticleToday in Euro Crisis History: Great Moments in Investor Insight
January 15, 2007 Greek Stocks Highest in More Than 6 Years; Bank of Cyprus Leads Europe’s debt crisis only seems like it has gone on forever. This series of blog posts looks at headlines from this date...
View ArticleClik here to view.
Merkel Won’t Lighten Davos Downbeat Growth Deliberations
As Europe’s political celebrities pack warm for the World Economic Forum in Davos next week, expectations of what they’ll achieve there are about as low as their economies’ growth rates. The Swiss...
View ArticleClik here to view.
Berlusconi Rides Media Blitz, Recession to Gains in Polls
Former Prime Minister Silvio Berlusconi’s media blitz is paying off, with his center-right coalition closing the gap with Italy’s Democratic Party ahead of Feb. 24-25 election. The three-time premier,...
View ArticleToday in Euro Crisis History: Dept. of Buyer’s Remorse
January 22, 2006 Greece to Favor Credit Agricole in Emporiki Sale The Greek government will favor Credit Agricole SA of France in a planned sale of its stake in Emporiki Bank of Greece SA, the...
View ArticleClik here to view.
Monte Paschi Provides Fodder for Berlusconi Attacks on Rivals
Revelations that Banca Monte Paschi hid details of structured finance deals that may produce hundreds of millions of euros in losses is embroiling everyone from Italian Prime Minister Mario Monti to...
View ArticleToday in Euro Crisis History: Plans Gone Awry
February 1, 2006 Bank of Cyprus Plans Expansion Abroad to Boost Profitability Bank of Cyprus Ltd., the biggest lender on the Mediterranean island, will expand in Greece, Russia and Southeast Europe as...
View ArticleClik here to view.
Draghi in Triple Hot Seat May Seek Verbal Escape Route
It’s not going to be easy for Mario Draghi today. The President of the European Central Bank is often lauded as a straight talker. He might have to be just the opposite when he gives a press...
View ArticleToday in Euro Crisis History: Dept. of Diversions
February 18, 2011 JPMorgan Says It Was Tricked Into Keeping Lehman’s ‘Goat Poo’ Collateral Lehman Brothers Holdings Inc. tricked JPMorgan Chase & Co. into holding onto collateral that the bankrupt...
View ArticleClik here to view.
Monti’s Virtue vs. Germany’s Vices
For once, Mario Monti had a sympathetic audience — dozens of European officials he mingled with and presided over during a 10-year European Commission career that, by the looks of it, he will remember...
View ArticleClik here to view.
Banker-Bonus Rules Stoke Tempers in Berlin
Draft rules to scale back banker bonuses were enough to prompt a public spat yesterday between Deutsche Bank co-Chief Executive Officer Juergen Fitschen and German Finance Minister Wolfgang Schaeuble...
View ArticleClik here to view.
ECB’s Emergency Cash Becomes Last Bulwark Against Chaos
The euro area has just come as close as it ever has to learning that what the European Central Bank gives, it can also take away. Before euro-area ministers agreed a last-ditch bailout in the small...
View ArticleClik here to view.
Is Cyprus Euro-Exit Talk More Than Talk?
Bailed-out and bankingly challenged Cyprus is a “unique case,” the entire European policy establishment tells us. One under-reported way in which Cyprus is unique is that chatter about eventually...
View ArticleClik here to view.
Draghi Deposit Rate U-Turn Gets Negative Review
Yesterday, European Central Bank President Mario Draghi sent the euro falling and eyebrows rising when he suggested he was ready and willing to begin charging banks to park cash in a deposit facility...
View ArticleClik here to view.
Draghi Tells German Skeptics Bond Plan Is Averter of Catastrophe
If you want to send a clear message to the German public, the place to do it is apparently Shanghai. As in Shanghai, China. A week before Bundesbank President Jens Weidmann gives his views on Mario...
View ArticleClik here to view.
Lip Service From the ECB
The European Central Bank has gotten itself so gnarled and twisty-tied over the communication of its new “forward guidance” policy that it evidently felt inspired to give lessons in the art of...
View ArticleToday in Euro Crisis History: Plans Gone Awry
February 1, 2006 Bank of Cyprus Plans Expansion Abroad to Boost Profitability Bank of Cyprus Ltd., the biggest lender on the Mediterranean island, will expand in Greece, Russia and Southeast Europe as...
View ArticleClik here to view.
Draghi in Triple Hot Seat May Seek Verbal Escape Route
It’s not going to be easy for Mario Draghi today. The President of the European Central Bank is often lauded as a straight talker. He might have to be just the opposite when he gives a press...
View Article
