Open Europe Blog

Archives for EBA

Well, that was the line that Spanish Economy Minister Luis de Guindos was spinning yesterday. Sorry Luis, this is essentially a Spanish rescue – external funding sources filling a gap which the state can’t (check), monitoring of a large chunk of the …

Posted by Open Europe blog team

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…

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Former Central Banker Alexandre Lamfalussy was yesterday holding court at a debate in Brussels, looking at EU financial regulation, and in particular the creation of the three new EU authorities for ‘micro-prudential’ supervision and their sister organ…

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Ostrich banking tests

Remember the EU’s banking “stress tests”, which were supposed to determine the health of the key financial institutions across Europe? The tests, that were published last summer, infamously cleared all Irish banks. Only a couple of months later, two of…

Posted by Open Europe blog team

How to prevent bubbles

The new year sees the launch of the EU’s new financial supervisors: the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority. If you haven’t already done so, have a l…

Posted by Open Europe blog team