Yanis Varoufakis

The Latin Troika’s Coup: what is left of the joy it generated a week later

The Latin Troika’s Coup: what is left of the joy it generated a week later

In a sense, the Latin troika secured an agreement that may be confirmed in the total breach rather than the implementation.

 Peter Tchir

The Spanish Bank Bailout – What to watch for

The Spanish Bank Bailout – What to watch for

The best hope for stabilizing the banking system is an equity capital infusion that is essentially converting German and French borrowing power into equity investments, followed up by more cheap lending to the banks by the ECB.

 Deutsche Bank Research

EU summit: more flexibility, but major issues still to be settled

EU summit: more flexibility, but major issues still to be settled

Deutsche Bank on the EU’s June 28th-29th summit and the plans for a European banking union.

 John Browne

European Leaders Play With Fire

European Leaders Play With Fire

Despite all the tricks, both old and new, recession keeps creeping in. They still think the answer is more money.

 Luis Martín

Another European summit, another “beggars at the feast” spectacle?

Another European summit, another “beggars at the feast” spectacle?

It is time to stop thinking in terms of impossible rescues and “compacts,” and demand that our European leaders adopt a more responsible conduct at their upcoming summit rather than sitting down to their customary European “beggars at the feast” spectacle.

 Jeff Harding

Fragile Things Have A Tendency To Break

Fragile Things Have A Tendency To Break

Will German guilt overcome German fiscal responsibility? Will France give up control over its own budget to accept Germany’s demands?

 Deutsche Bank Research

Safe haven flows to Scandinavia and Switzerland

Safe haven flows to Scandinavia and Switzerland

Ever since worries over the euro debt crisis started to escalate, many investors have sought refuge in Scandinavia and Switzerland.

 Deutsche Bank Research

Euro area: Quantum leap ahead?

Euro area: Quantum leap ahead?

While some sort of fiscal and banking union is necessary to complement monetary union, this is most certainly a medium-term undertaking.

 Yanis Varoufakis

Greek Election Result: An assessment

Greek Election Result: An assessment

Europe may have got its wish this weekend. Soon, however, it will be reminded, yet again, that the most vengeful god is the one who grants such wishes.

 Peter Tchir

Spain: Nothing and Everything. Details Examined.

Spain: Nothing and Everything. Details Examined.

The temptation to fade this Spain deal is high (and higher after Rajoy claimed victory and jetted off to the football match).

 Peter Tchir

Why a Grexit Would Make Lehman Look Like Childs Play

Why a Grexit Would Make Lehman Look Like Childs Play

The more they look at the situation, the more I am convinced they will see not only how potentially awful the situation becomes, but that the cost to avoiding it right now are relatively small, and with proper preparation a Grexit can be managed down the road.

 Deutsche Bank Research

Pan-European deposit guarantee – no quick solution to the current crisis!

Pan-European deposit guarantee – no quick solution to the current crisis!

It won’t happen – at least not any time soon.