Tag Archives: eurozone banks

Investors’ worries about Italy are justified

With summer over, Italy is back at the forefront of the news – this time not as a holiday destination but in its other capacity, as chief source of market worries. The way things are going, the worries are only just beginning.

Continue reading

In 2017, the ECB should learn to break the rules

This is going to be a crucial year for the European Union. There are more and more voices predicting its disintegration. With the political events that are ahead, it’s not a possibility that should be taken lightly.

Continue reading

Eurozone banks get help from ECB collateral measure

A small step for the ECB, a big step for eurozone banks could be one way of looking at a recent announcement by the European Central Bank that it is widening the array of financial instruments that it is accepting as collateral for its monetary operations.

Continue reading

The next European crisis: the real estate sector

If you’re curious to see where the seeds of the next financial crisis are in Europe, take a look at what’s happening in the real estate sector.

Continue reading

Eurozone banks are doing better, lending improves

One piece of good news about the eurozone has been overshadowed by the ongoing, Syriza-orchestrated drama on Greece: lending continues to improve, and with it, the prospects for the single currency area.

Continue reading

Spanish banks on the mend as bad loans subside

The financial crisis of 2007-2009 has left a lot of collapsed Spanish castles in its wake, hitting Spanish banks hard.

Pictures of Spain’s ghost towns were splashed across the world’s newspapers at the beginning of the eurozone debt crisis. True, they weren’t as impressive as the Chinese ghost cities, but they show what excess debt and an inflated real estate sector can do to a country – and to its banks.

However, more than five years on since the crisis, the story is slowly changing.

Continue reading

Italian banks’ bad loans need long-term solution: rating agency

Italian banks’ bad loans are holding back its economy, but creating a “bad bank” and dumping them there is not a good idea, because deeper reforms are needed, a European rating agency has warned.

Continue reading

Investors underestimate ‘Grexit’ risks

As the second quarter begins, Greece is still waiting to reach a deal with its creditors, while its banks are haemorrhaging deposits fast and investors are losing whatever confidence they had left.

Continue reading

What the ECB’s quantitative easing means

The European Central Bank had no choice but to launch its own quantitative easing programme in the end. The jury is still out on whether it will work – but judging by the first reactions, it could actually mark the return to some sort of normality for the eurozone.

Continue reading