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.
Markets
Eurozone banks hoard €200-billion excess liquidity
Why should banks enjoy the comfort of placing money in the Frankfurt-based central bank for risk-free profit? They should instead letting it flow. After all, businesses are starved of cash to hire and invest.
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.
Weak global demand is felt in Asia, Europe and America
MADRID | Crédito y Caución 500 Table survey, which includes forecasts of sectoral performance in 34 markets, recorded 13 losses and nine improvements compared to 2012-end analysis.
The entire eurozone watches you: what Draghi said to Spain’s MPs
MADRID | Highlights of the speech by Mario Draghi, president of the European Central Bank, meeting Tuesday with members of the Spanish Parliament.
The Days of Engaging Russia Are Over
According to Alexander Golts, the Munich Security Conference marks the lowest point in US-Russia relations for the past 20 years.
“German banks haven’t been supervised the way the Spanish have”
By Revista Consejeros | Roberto Higuera, deputy president of Banco Popular: “When they had trouble with Hypo Ryal more than €100 billion were needed, whereas in Spain it turned out that we could do with less than €40 billion. What marked the difference is that Spain had to ask for help, while Germany put the money from its own pocket.”
Morgan Stanley’s surprising forecasts: Spain is Germany, the UK is Italy
LONDON | Is Morgan Stanley swimming against the tide? There is at least two proofs of how the US investment bank maintains contrarian positions: it says Spain will be the next Germany, but the UK will turn into Italy.
Talking about interest rates
While emerging countries moderate interest rates to keep their currencies favouring exports and economic activity, the euro is appreciating. Does it makes sense?
Who cares about Spain’s external deficit?
Spain tends to be one of those countries with external deficit as it is in need of capital goods. And this is all right if it’s financed with, say, direct investments.