ecb funding measures still short term
Merrill Lynch’s Bill O’Neill assesses the latest European Central Bank’s loan measures, stressing that banks are still not lending as much as he would like to see.
Merrill Lynch’s Bill O’Neill assesses the latest European Central Bank’s loan measures, stressing that banks are still not lending as much as he would like to see.
Once upon a time, in a kingdom not so far from here, there was a group of chums who thought it a great idea to strengthen their friendship through a shared currency.
The ECB is likely to cut interest rates back to 1% in coming months as the Greek crisis lacks any near-term resolution, according to commentators.
Max King suggests investors are right to be sceptical about the outcomes of the recent eurozone crisis meetings but there are still plenty of investment opportunities to come.
Europe’s political leaders failed to agree the detail of a plan to resolve the region’s debt crisis at the weekend’s summit, with a further meeting scheduled for Wednesday (26 October).
Michael Howell talks about a 1930s-style recession when looking at what he describes as a “suicidally-low levels of ECB liquidity”
The IMF and European Central Banks have fallen out over the region’s banks’ sovereign debt exposure.
Ratings agency Moody’s has cut Portugal’s long-term government debt to below investment grade.
Europe’s relative success in dealing with its debt problems is creating positive market sentiment.
Deutsche Bank’s European economic heads argue the ECB is right to resume its debt-buying programme.
The BoE and the European Central Bank have both kept their headline rates of interest on hold.
Our industry could learn from the ECB about long-term planning and investor-led solutions.