Articles by Alexandre Mato

About the Author

Alexandre Mato
Alexandre Mato covers European affairs from Brussels. Former Editor in-chief of Cierre de Mercados, he was the first ever editor on Spanish TV appointed under the age of 30. He has a degree in Journalism and a postgraduate in International Relations, both from Universidad Complutense de Madrid.
liquidity risks

Securitization Is Back! EU Launches Capital Markets Union

The European Commission is trying to create a single market for capital across the continent to increase and diversify the funding sources for Europe’s business and long-term projects. In the EU, mid-sized companies received five times less money from capital markets than in the U.S.


The secret room of the TTIP

BRUSSELS | In an attempt to win the public opinion battle, the European Commission has established an alternative judicial system to deal with cases between private investors and states. The previous investor-to-state dispute settlement (ISDS) had been widely criticised for favouring big corporate interests.

Greek crisis

Greek aid: A multi-billion euro stream again by mid-August

BRUSSELS | July 22, 2015 | By Alexandre Mato | Since the transfer of a €7 billion bridge loan, Greece has started negotiations with its international lenders and euro partners to complete a third rescue programme lead by the ESM. To repay its external obligations in August, the country will need a further multi-billion euro support from the EU.

Greek debt restructuring

Greek debt restructuring: the mother of all battles

BRUSSELS | July 7, 2015 | By Alexandre MatoWhen euro leaders and their finance ministers meet with the Greek government later today for a fresh round of negotiations to agree on a new economic assistance programme, the debt issue will still be the mother of all battles. Over the last few days, some economists in Brussels have gathered together ideas for putting Hellenic public finances in order.


Alexis Tsipras

Syriza’s capitulation to please Greek creditors

BRUSSELS | June 23, 2015 | By Alexandre MatoTax hikes and pension system cuts were the main measures offered by Athens to European Institutions and the IMF in order to reach an agreement over the second rescue programme. The €8 billion in savings and new revenues over the next two years were described as important or broad steps. But the proposals are bittersweet.


A hand shake

Europe’s barren landscape forces banks to make radical changes

BRUSSELS | May 7, 2015 | By Alexandre MatoPlans to spin off Deutsche Bank’s retail business is the latest rumour to emerge from a changing European banking sector eagerly looking for ways to be more profitable under Basel III regulations. Too big to fail institutions are worried about a decline in their margins because of the low interest rates outlook. For these lenders, breaking up their investment and commercial business, as well as going on a shopping spree within the sector, seem to be solutions for growth.


Red gloves

The European banking sector fight behind DTAs

BRUSSELS | April 17, 2015 | By Alexandre Mato | Spain, Italy, Portugal and Greece are under the European watchdog scrutiny because of the fiscal rules applied to the current Deferred Tax Assets (DTAs) framework. If proven illegal state aids used to bolster capital ratios, banks would suffer a big bite (4-5%) on their capital levels. However, legislators and the Economic Committee Secretary have admitted to The Corner that they doubt the DTAs investigation was launched due to MEP concerns.

Juncker and Rajoy

OECD: “There are risks of persistent stagnation over the Eurozone”

BRUSSELS | March 5, 2015 | By Alexandre MatoWhen presenting its annual report, ‘Going for growth’ in Brussels, the Paris-based institution raised some doubts about the ongoing recovery in Europe. Structural, long-term unemployment and low productivity in some Member States are becoming the main economic issues of concern, with neither investment nor fiscal adjustments seen as the antidote.

All smiles and handshakes for Tsipras’ EC visit (before ECB tightened the rope)

BRUSSELS | By Alexandre Mato | The leader of the European Commission, Jean Claude Juncker, offered a friendly welcome to the Greek Prime Minister at the Commission entrance on Wednesday. There were no speeches, nor questions from journalists. After posing in front of the cameras, Juncker took Tsipras’ hand, the two leaving the photo-call as ‘lovers’. And some hours later, in a not that surprising move, Draghi banned the use of the Greek debt as collateral for the European Central Bank’s. The euro continued falling versus the U.S. dollar after the news: it hit $1.1304 — close to its 11-year low — before stabilizing at $1.1354 around 0540 GMT.