Policy entrepreneur
Another warning signal that the euro crisis is far from over : French banks withdrew roughly 62bn euros from the so called PIIGS countries last quarter, Bank for Settlements’ new data release shows.
» Read moreThe European Central Bank is suspected of providing emergency liquidity assistance Spanish banks. However, there intriguing evidences that Cyprus banks are primarily benefiting from this discrete liquidity support.
» Read moreWhat if everyone had access to cheap money central banks are flooding into the financial markets since the beginning of the crisis? Last week, The Washington Post published a nice post that raises the question.
» Read moreToday, the central bank of Spain published its monthly statistics on doubtful assets owned by its private banks. Doubtful assets are mainly composed of non-performing loans or arrears. In other words: money owed to banks that household or companies are possibly not going to pay back. Without surprise, the amount of these bad assets is still rising.
» Read moreA rumor is currently trending in France: Sarkozy would be the instigator of the launch by Eurex of a new market for derivative on French bonds. For some, the move is intended to stimulate market pressure on french debt and thus give credit to austerity speeches. However, these information are highly subject to misunderstandings and fake informations. You can read my analysis on my english
» Read moreA rumor is currently trending in French media: Sarkozy would be the instigator of the launch by Eurex (pdf) of a new market for derivative on French bonds. For some, the move is intended to stimulate market pressure on french debt and thus give credit to austerity speeches.
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French press get it wrong about the so called “deal” reached by the Irish government with the ECB and European Commission.
» Read moreOn Thursday, the Irish government announced that it reached a deal about the promissory notes issue, that forces Ireland to pay 3,06 bn euros on march 31st. But this deal actually does not defer any payment neither relieves Ireland from its heavy debt burden. In France, the only newspaper that reported about this information was Les Echos. But their paper is such a misleading
» Read moreLegal limbo, conservativeness of monetary authorities, and lobbying from traditional actors: tomorrow’s finance startups struggle to emerge in France. Read my investigation on the topic here (in french).
» Read moreIn my last contribution for MyEurop.info, i explain why the icelandic bankruptcy case and the last referendum are highly misunderstood.
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