A new EU resolution is putting an end to the fallacy of the deposits guarantees in Europe.
There is no such thing as a guaranteed deposit
July 1st, 2013 | by Stanislas Jourdan | published in Crisis routine | Leave A Comment »
Cyprus at crossroads between Europe and Russia
March 21st, 2013 | by Stanislas Jourdan | published in Crisis routine | 1 Comment »
While the idea of bailing-in the Cypriot banks was good idea in principle, the way the Cypriot government and the troika implemented was very badly designed – not to say scandalously unfair. Now it’s up to the Cypriot People to demand a better plan. But which one?
A simple & powerful solution for banks’ public recapitalization
November 27th, 2012 | by Stanislas Jourdan | published in Crisis routine | Leave A Comment »
There is a simple solution for managing a public banking sector recapitalization without merely giving a free lunch to bankers : distribute equity to the People.
Resolving banking failures through the bail-in
June 11th, 2012 | by Stanislas Jourdan | published in Beyond the crisis, Crisis routine | Leave A Comment »
While the eurogroup welcomed Spain’s demand for a European aid to recapitalize its banking system, and guaranteed a commitment up to 100 bn euros, another solution could be put in place for recapitalizing the spanish banking system : the bail-in.
A run on the spanish banks?
May 21st, 2012 | by Stanislas Jourdan | published in Warning signs | Leave A Comment »
Is there a bank run on the Spanish banks? According to El Mundo, Bankia’s customers did withdraw 1bn euros on a single day last week (the information was then denied by spanish officials). True or not, these allegations are a good opportunity to have a look on the long-term evolution of the deposits in Spain.
European banks lifeline round up – march 2012
May 17th, 2012 | by Stanislas Jourdan | published in Warning signs | Leave A Comment »
As the crisis deepens, europeans banks are increasingly relying on central banks. What does it mean for the real economy?
The squeaky problem of the greek silent bank run
May 16th, 2012 | by Stanislas Jourdan | published in Crisis routine, Warning signs | 1 Comment »
With the crisis, greek banks have been suffering from huge deposit flight. Official figures show that at least 80 billion euros have been moved abroad since 2009. What consequences for the greek economy? And how to address the problem?
Can Spain do as Iceland did?
May 8th, 2012 | by Stanislas Jourdan | published in Beyond the crisis | 1 Comment »
The spanish governement is announcing a bailout plan for its private banks that could end up in injecting up to 10 bn of capital in Bankia. Of course, Spanish people are not very happy about that. On twitter, the hashtag #hagamoscomoIslandia (let’s do as Iceland did) is currently trending. But can Spain really do as Iceland […]
