Bank of England will Remain Outside of the Eurozone
by Martin Armstrong QUESTION: Dear Martin, I am a follower of your blog since I saw your film on a plane coming back from the US. Recently I purchased access to … Read more
eurozone
The December eurozone malaise was led by sharpest fall in manufacturing output for over 7 years, down for 11th straight month.
t.co/NvFBDjCQvL — Teddy Vallee (@TeddyVallee) December 16, 2019 Markit: Eurozone malaise extends in December, ending worst quarter since 2013 (where are these "green shoots" that market has already priced in?) … Read more
Harsh, but true words on QE, which apply especially on the #Eurozone
Harsh, but true words on QE, which apply especially on the #Eurozone .#ECB t.co/S4mwEbjTNH — Tuomas Malinen (@mtmalinen) November 6, 2019 Ray Dalio didn’t mince words in a post on … Read more
As another Eurozone recession looms, the failure of austerity is clearer than ever
On 12 September, the outgoing European Central Bank (ECB) president, Mario Draghi, announced that he would cut interest rates and continue the central bank’s bond-buying programme. This was in response … Read more
The Risks Are in the Eurozone Banks But Beware of Global Contagion
by Martin Armstrong QUESTION: Sir, Given the liquidity crisis and the problem to arrive from Europe, I have a question for us Europeans: when you are talking about Europe and failures … Read more
Recessions in the eurozone.
Recessions in the eurozone.@TheEconomist via @SoberLook pic.twitter.com/gXB5S3xfXc — Adam Tooze (@adam_tooze) September 9, 2019
“The Eurozone Faces The Worst Combination Of Economic And Systemic Risk”
by Claudio Grass via Claudiograss.ch The past few months have been an exciting time for gold investors, as the precious metal has seen a spike in demand after serious economic concerns and geopolitical … Read more
Bad Loans Still Too High at Eurozone Banks, ECB Warns
NPLs remain dangerously to catastrophically high in Italy, Greece, Portugal, and Cyprus. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The bad-debt problem at banks in the Eurozone, an … Read more
The Eurozone is incentivising fiscal irresponsibility with easy money, and low cost of debt is disguising lack of budget discipline
The Eurozone is incentivising fiscal irresponsibility with easy money, and low cost of debt is disguising lack of budget discipline pic.twitter.com/LdPgV8LjQj — Daniel Lacalle (@dlacalle_IA) June 15, 2019
Italy’s Mini-BOT Trojan Horse Could Blow Up the Eurozone
via mishtalk: Italy threatens to create a parallel currency dubbed the Mini-BOT. If launched, it could lead to a Eurozone breakup. Italy’s is on a collision course with the EU in … Read more
Eurozone yields… Plummeting despite worsening growth and solvency. Welcome to financial repression.
Eurozone yields… Plummeting despite worsening growth and solvency. Welcome to financial repression. pic.twitter.com/dzJphzjoTQ — Daniel Lacalle (@dlacalle_IA) May 28, 2019
Why Turkey’s Debt Crisis is a Bigger Risk to the Eurozone than the PIGS
by Claudio Grass via Mises Institute Turkey has been almost constantly in the news over the past year, as troubling headlines about its economy and political situation continue to pile up. In a … Read more
The Eurozone Slowdown Is Leading The Global One Slowdown
Authored by Daniel Lacalle, One of the most repeated messages among European financial analysts this week is this: “we are in a global slowdown”. However, the sentence hides important nuances and very … Read more
Threat of Contagion to Eurozone from Spanish Banks’ Huge Bet on Emerging Markets: UBS
Spanish banks expanded aggressively into Emerging Markets to flee the consequences of the euro debt crisis. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. UBS has alerted that Spanish banks’ outsized … Read more
No relief for Eurozone bank, which have to pay almost €8bn due to neg rates?
via @Schuldensuehner: #ECB officials lack enthusiasm for any revamp of their negative-interest rate tool and some doubt it will actually happen. www.bloomberg.com/news/articles/2019-04-16/ecb-officials-are-said-to-lack-enthusiasm-for-sub-zero-tiering …