In Europe

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There is no plot against the euro

By Luis Arroyo, in Madrid | Here you are, Spain’s updated accrued passive account with Target2 or intra-system operations pending compensation. Its sheer volume and…

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The Italian elephant in the euro room

MADRID | Unmistakably, the reflection that the Italian economic indicators are mirroring should look very familiar to Spanish analysts. The slowdown wave is reaching core…

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What Draghi really meant

By JLM Campuzano, analyst, in Madrid | If the governor of the European Central Bank (ECB) said nothing new, why did the markets drop? To…