Alberto Pérez Giménez

A truly disastrous week for Rajoy

A truly disastrous week for Rajoy

The events over the last week have taken Spain’s PM Mariano Rajoy to the edge of the abyss.

 John Browne

Germany Faces Political Isolation

Germany Faces Political Isolation

Should Germany succumb, the world probably will experience a short-term boom before sliding into a long and severe period of depression, hyperinflation and ultimately stagflation.

 John Browne

Germany’s Mixed Signals

Germany’s Mixed Signals

For Germany, leaving the eurozone would be a decidedly winning move.

 Yanis Varoufakis

A one-word explanation on why the eurozone cannot inflate its way out of trouble: Spain!

A one-word explanation on why the eurozone cannot inflate its way out of trouble: Spain!

In view of the deflation that is coming to the deficit countries, having German inflation rise above average is as inevitable as it is useless.

 Peter Tchir

Europe Wasn’t Destroyed in a Day

Europe Wasn’t Destroyed in a Day

Just like Rome wasn’t built in a day, the Eurozone won’t be destroyed in a day, but it is on a path that leads to eventual dismantling.

 Deutsche Bank Research

German private equity: Better mood, cautious outlook

German private equity: Better mood, cautious outlook

The Q1 German Private Equity Barometer reports better sentiment.

 Peter Tchir

Why shorting Spanish and Italian Bonds is the Right Trade

Why shorting Spanish and Italian Bonds is the Right Trade

I continue to believe that longer dated Spanish and Italian bonds are poised for a significant sell-off.

 Thomas Mayer

Growth versus austerity in euroland

Growth versus austerity in euroland

The question is not whether to give priority to fiscal austerity or economic growth but to find the optimal degree of austerity and structural reforms for the maximisation of confidence.

 John Browne

Austerity Fires Voter Vengeance Against Euro

Austerity Fires Voter Vengeance Against Euro

Increasingly, the future of the euro appears to be influenced not just by debt default, but also by the politics of bailouts and austerity.

 Deutsche Bank Research

Using the EFSF/ESM for banks: good idea, unlikely to come soon

Using the EFSF/ESM for banks: good idea, unlikely to come soon

Direct ESM assistance to banks would only be politically acceptable if EU member states were prepared to transfer authority for banking supervision to the EU level.

 Yanis Varoufakis

[VIDEO] The Case for a European New Deal

[VIDEO] The Case for a European New Deal

Interview with CNN’s Christian Amanpour on the the theme of Europe’s slow suicide by inane austerity.

 Deutsche Bank Research

EU bank funding eases but risks remain

EU bank funding eases but risks remain

The ECB’s two LTROs had vastly lifted market sentiment and made refinancing at reasonable rates possible again for EU banks.