MADRID | By JP Marín Arrese | Banks should enforce the sooner the better these EBA guidelines if only to avoid transforming their credit portfolio into real estate heavily undervalued.
MADRID | By Francisco López | In spite of the frequent denials coming from Madrid, though, using that cash–officially it isn’t called a banking rescue but “financial assistance in favourable conditions”–would be a clever thing to do.
MADRID | By Luis Martí | What is worrying is the Bundesbank attitude of permanent and frank opposition to the initiatives of the ECB to overcome the crisis, being against any flexibility and realism that the economy is needing.
MADRID | By JP Marín Arrese | A extension of the Spanish banking rescue can backfire hitting credit institutions and inflicting damage on the economy as a whole.
LONDON | By Victor Jimenez | Governments in Berlin must speak up their minds, instead of using the national judiciary system and some probable legal ambiguities to delay the urgent steps of more integration.
MADRID | By Quesada Vargas | Brussels would have taken the Tobin tax a few steps back under pressure coming from the largest financial entities and global investors.
MADRID | By Luis Arroyo | Why is the ECB not announcing further interventions, helping investor confidence to recover, offering strangled banks liquidity until they start providing credit again?
MADRID | By Julia Pastor | Luis Benguerel at Interbrokers: “Everybody knows the weaknesses of the German banks, which still hold some 2007 US subprime credit.”
MADRID | By JP Marín Arrese | So long Germany maintains a staunchly depressed environment, Brussels fiscal advices with no plan to boost employment and growth will soon run out of steam.
MADRID | By Carlos Díaz Guell | Federal funds’ main interest rates, currently at 0% and 0.25%, are likely to remain untouched. Why? The Fed explained it wouldn’t increase them unless unemployment rate falls.