Markets

Financial (re)integration in the euro area

BARCELONA | By CaixaBank research | In spite of improvements, access to financing is still a problem for the periphery’s business sector. Specifically, 22% of SMEs in periphery countries state that access to financing is their main problem compared with just 11% in the core.




Banking Union fails to fly

MADRID | By JP Marín Arrese | Depriving the ECB of the capacity to deal with ailing entities does undermine its authority as a supervisor in a Banking Union.


Liquidity ratios may be Basel next error

MADRID | By Raimundo Poveda, former director general of banking regulation at Bank of Spain | Liquidity ratios may be Basel next error: a compulsory ratio of liquidity that shall enter into force in 2015.