There is no such thing as a guaranteed deposit
A new EU resolution is putting an end to the fallacy of the deposits guarantees in Europe.
» Read moreTag: Banks
Cyprus at crossroads between Europe and Russia
While the idea of bailing-in the Cypriot banks was good idea in principle, the way the Cypriot government and the troika implemented was very badly designed – not to say scandalously unfair. Now it’s up to the Cypriot People to demand a better plan. But which one? Everyone is blaming the troika for having tried to […]
» Read moreA simple & powerful solution for banks’ public recapitalization
There is a simple solution for managing a public banking sector recapitalization without merely giving a free lunch to bankers : distribute equity to the People.
» Read moreResolving banking failures through the bail-in
While the eurogroup welcomed Spain’s demand for a European aid to recapitalize its banking system, and guaranteed a commitment up to 100 bn euros, another solution could be put in place for recapitalizing the spanish banking system : the bail-in.
» Read moreA run on the spanish banks?
Is there a bank run on the Spanish banks? According to El Mundo, Bankia’s customers did withdraw 1bn euros on a single day last week (the information was then denied by spanish officials). True or not, these allegations are a good opportunity to have a look on the long-term evolution of the deposits in Spain.
» Read moreEuropean banks lifeline round up – march 2012
As the crisis deepens, europeans banks are increasingly relying on central banks. What does it mean for the real economy?
» Read moreThe squeaky problem of the greek silent bank run
With the crisis, greek banks have been suffering from huge deposit flight. Official figures show that at least 80 billion euros have been moved abroad since 2009. What consequences for the greek economy? And how to address the problem?
» Read moreCan Spain do as Iceland did?
The spanish governement is announcing a bailout plan for its private banks that could end up in injecting up to 10 bn of capital in Bankia. Of course, Spanish people are not very happy about that. On twitter, the hashtag #hagamoscomoIslandia (let’s do as Iceland did) is currently trending. But can Spain really do as Iceland did ?
» Read more