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The Stress Test results are out! It looks like 8 have been judged to have failed but interestingly 16 came close to failing. Given how lenient the adverse scenario is (especially given recent market turbulence relating to Spain and Italy) that is fairl…

Posted by Open Europe blog team

Running scared….

As we’re sure you’ve noticed, things are heating up in the eurozone (well going supernova now) with fears spreading to Spain and more crucially Italy. As we noted earlier, the Italian and Spanish cost of borrowing has been skyrocketing and bond pri…

Posted by Open Europe blog team

In a speech to business leaders in Paris today (at the Mouvement des Entreprises de France ), Nick Clegg had some interesting things to say about the eurozone. The speech was seen in the UK media as “contrasting” to the comments David Cameron made in …

Posted by Open Europe blog team