eurozone


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“The eurozone must find economic growth without State aid”

MADRID | By Tania Suárez | Director of financial analysis at Profim EAFI, Jose Maria Luna Morales, argues that austerity measures in the euro zone were “necessary” but adds that “some privileges of many public institutions can still be reduced”. He also notes that although “Europe still may suffer months of stagnation”, that does not imply “a long period of stagnation'” for the EZ as a whole.



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IIF: “The era of European solidarity is over”

WASHINGTON | “Investors would be well advised to see the outcome of Cyprus both as a reflection of how future stresses will be handled, and a reminder that efforts to shift the liabilities associated with legacy bad bank assets.”


eurozone

Uneven fiscal consolidation in the eurozone

BARCELONA | By CaixaBank analysts | It is expected that, in some cases such as Spain or France, the European Commission will ease the extent of fiscal consolidation required over the coming years.




Beppe Grillo

The Beppe Grillo contagion effect

Presseurop.eu | By  and  | The comedian’s Five star movement was the revelation of last Italian election. Its anti-establishment views and “digital democracy” methods are shared by many political movements across the EU, and they could form a common front at the European elections in 2014.


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Charts we know of the Cyprus crisis

By 2017 the two largest Cypriot banks–Bank of Cyprus and Cyprus Popular–face debt repayments of €11 billion or 86 percent of the whole economy’s output.