Markets


How eurozone’s central bank saved Lloyds

LONDON | Behind the option of recovering the public investment made in Lloyds TSB, a possibility sounded today by Whitehall amid better priced bank stocks, there is the European Central Bank. But British taxpayers will probably never know.


United States: demagoguery cliff

WASHINGTON | Fear of spending cuts and fiscal cliff has made the U.S. defense officials cut spending even before they were forced to do so. A good example of commendable public spirit, even if a bit exaggerated.



Fewer banks resort to the European Central Bank

BARCELONA |By CaixaBank analysts | The Basel III liquidity requirements are made more flexible. Those countries in crisis can postpone the application of bank liquidity coverage ratio regulations.



Europe’s still scared of inflation

By Carlos Díaz Guell | While the German chancellor refuses to give in to the growth pact for which half of Europe sighs, Hollande leads the southern countries’ complaints, very aware that France’s economic stand is getting weaker by the quarter. It’s inflation’s fault.