Tag Archives: European Sovereign Debt Crisis

Germany’s FinMin says court to back European bail out fund

(click here if video is not observable)

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Weekly Eurozone Watch

Key Data Points German 10-year Bund 2 bps lower; Italy 10-year 15 bps wider to the Bund; Spain 46  bps wider; Portugal 7 bps tighter; Greece 54 bps tighter; Large Eurozone banks higher; Euro$ up 0.31 percent. Commentary Prime Minister … Continue reading

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Stronger Eurozone Countries Prepare Plan B

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Weekly Eurozone Watch: Conditionality

Key Data Points German 10-year bund 3 bps higher; France 10-year 14 bps tighter to the Bund; Italy 42 bps wider; Spain 8 bps wider; Portugal 36 tighter; Ireland 20 bps tighter; Greece 144 bps tighter; Large Eurozone banks up … Continue reading

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Spain Lobbying For Bond Purchases

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Quote of the Day: Rotten to the Core?

May brought the end of the “Merkozy” approach to the Euro crisis as the French voted out the austerity-loving Conservative and voted in Socialist President François Hollande. Under the new regime, France is now cozying up to its new anti-austerity, … Continue reading

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Weekly Eurozone Week: Pain in Spain

Key Data Points German 10-year bund 9 bps lower; Italy 20 wider; Spain 70 wider; Large banks down 3-10 percent; Euro falls 0.6 percent. (click here if charts are not observable)

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Europe’s Escalating Cycle of Turmoil

Great graphic from the IMF,  which nails the policy paralysis in the Eurozone.   Similar, but more rigorous, to the “meet and discuss” cycle  we wrote about last December, Their modus operendi seems to be: meet and discuss, wait for a … Continue reading

Posted in ECB, Euro, Eurozone Sovereign Spreads, Sovereign Debt, Sovereign Risk | Tagged , , , | 2 Comments

Will the smelly macro eat the micro?

Ugly macro as the three swans are back with a vengeance.   China hard landing fears;  Eurozone debt and banking crisis (say it ain’t so, Mario!); and fears of a rapidly slowing U.S. economy. Are the swans  in the latest quarterly … Continue reading

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Europe’s New “Iron Curtain”

Today’s must read Reuters piece raises the spectre of a Europe “fragmenting faster than policymakers can repair it.”   Paul Taylor, the author, warns The leaders agreed that the euro zone’s permanent bailout fund, the 500 billion euro ($620 billion) … Continue reading

Posted in Black Swan Watch, Euro, Eurozone Sovereign Spreads, Geopolitical, Germany, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment