Open Europe Blog

Archives for interbank market

The ECB holds its monthly meeting tomorrow. Below we look at the main topics of discussion, with the ECB weighing some important decisions.Could the ECB cut its main interest rate again?Possibly. It is certainly considering it. As with last month, grow…

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As we noted recently with the exclusive release of  internal documents on the Financial Transaction Tax (FTT), even amongst those who are championing the proposal, there are a huge number of concerns. Well, those concerns are growing by the week, …

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The ECB looks set to cut its main interest rate by 0.25% to 0.5% on Thursday (while keeping the deposit rate at 0% due to concerns about distortionary effects of negative rates).Why is the ECB considering cutting rates?The obvious answer is that the cr…

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The ECB looks set to cut its main interest rate by 0.25% to 0.5% on Thursday (while keeping the deposit rate at 0% due to concerns about distortionary effects of negative rates).Why is the ECB considering cutting rates?The obvious answer is that the cr…

Posted by Open Europe blog team

The last few days have seen a shifting of consensus in the ECB rate cuts debate.Recent economic data in the eurozone has been particularly bad, with private sector activity slowing more than expected. However, potentially more importantly, this effect …

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As was made evident by the internal memo about the EU financial transaction tax (FTT) – that we exclusively published yesterday – there are plenty of concerns amongst the supposed champions of the idea. Today, another heavyweight institution raised the…

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In today’s Telegraph, Mats Persson seeks to answer this simple – and yet brutally complex – question: is the eurozone crisis over?’We are in the middle of the beginning of the end. The crisis has really hit its peak”, former French economy minister a…

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Here is the full report (and the bank-by-bank results) from the latest Spanish bank stress test exercise. Below we provide the key points and our initial thoughts on them. The tests put the total capital needs of Spanish banks at €59.3bn, but Spanis…

Posted by Open Europe blog team