In Europe
Fatalism and the news
Merkel & Sarkozy Sunday Quotes’ Fest
Doom: “With the turmoil threatening to spiral into financial meltdown as the value of banks' sovereign bond holdings slide, Merkel and Sarkozy are likely to discuss in Berlin both how to manage Greece, prevent contagion and strengthen lenders.” Gloom: “German Chancellor Angela Merkel will meet French President Nicolas Sarkozy amid signs that some European banks are feeling the strain of the lingering debt crisis which has pushed Greece to the brink…
Merkel & Sarkozy Sunday Quotes' Fest
Doom: “With the turmoil threatening to spiral into financial meltdown as the value of banks' sovereign bond holdings slide, Merkel and Sarkozy are likely to discuss in Berlin both how to manage Greece, prevent contagion and strengthen lenders.” Gloom: “German Chancellor Angela Merkel will meet French President Nicolas Sarkozy amid signs that some European banks are feeling the strain of the lingering debt crisis which has pushed Greece to the brink…
A ‘Titanic’ gesture from Mervyn King's Bank of England
Time to tell the taxpayer tough truths: why and how to save the euro
The end of the Turkish exception
Brave green shoots from Ireland, Spain
Now it's the Slovaks!
A Banco Santander note on Thursday addressing the misled general belief that it is Finland’s government that poses the tallest barrier in the Greek bailout’s way: “Positive news from Greece. The government announced aggressive additional measures necessary to reduce the deficit and thus gain access to the next €8bn tranche of aid. In any case, the risk of implementation is very high so it is expected that December (coming quarterly…
Now it’s the Slovaks!
A Banco Santander note on Thursday addressing the misled general belief that it is Finland’s government that poses the tallest barrier in the Greek bailout’s way: “Positive news from Greece. The government announced aggressive additional measures necessary to reduce the deficit and thus gain access to the next €8bn tranche of aid. In any case, the risk of implementation is very high so it is expected that December (coming quarterly…