Category Archives: Euro Debt Crisis

On Friday, Balearic Islands and Asturias joined the autonomous regional governments of Andalusia, Canary Islands, Castile-la Mancha, Catalonia, Murcia, and Valencia (see Fig. 1) in asking help from Madrid’s newly created Regional Liquidity Fund (FLA),… Read the rest  here.

The latest figures published by ECB reveals that private lending by Euro area Monetary Financial Institutions took a nose dive in August, and particularly those to financial intermediaries.  The finer details are revealed in the latest publication Sailesh Radha, chief market strategist of IMRA LLC, prepared for Yardeni Research Inc.  In the morning briefing that Dr.… Read More »

Sailesh Radha’s (chief market strategist of IMRA LLC) recent analytical work on the “Euro mess” has been highlighted in today’s Morning Briefing that Dr. Ed Yardeni sent to his clients.  Also read about it in his blog entry today. Here’s the text from the Morning Briefing referring to IMRA’s research – “Euro Mess. On July… Read More »

At its monthly Governing Council meeting, ECB last week decided to cut the rate offered by its deposit facility by 25 basis points, bringing the rate down to 0.00%.  See ECB announcement here.  The new rate became effective this past Wednesday. Since the new rate came into effect, we have seen some significant changes in… Read More »

A brief graphical summary of the size of the banking sector of  major Euro zone countries – it’s good to know the size of the monster the financial world is grappling with. Size of Eurozone  Banking Sector Size of Banking Sector in Eurozone as Ratio of GDP   Size of Capital & Reserves of Eurozone… Read More »