US prime money market funds have recently increased their exposure to banks in the eurozone after months of large reductions, but this key source of funding for the financial system remains vigilant about risk according to a new report by Fitch [...] Read more ...
An example of how, is the SVT ’Debatt’ programme (see below). Johan Lundberg wrote a critical article twelve hours later in SvD and later published a famous blog post that tracked the genesis of the campaign online in which he wrote: "Various Twitter trails and screen dumps show that the #talkaboutit campaign was started with the purpose of sha [...] Read more ...
We contribute to this literature in a recent paper ( Mink and de Haan 2012 ), performing an event study to analyse the impact of news about Greece and about a Greek bailout on prices of European bank stocks and sovereign bonds. The news reports, taken from Reuters, were classified into two categories, ie news about Greek public finances and news ab [...] Read more ...
World financial markets may have breathed a collective sigh of relief over the rescue package for Greece, but European bank stocks have fallen since the announcement. This year is likely to be one of retrenchment as lenders work to meet strict capital requirements. Read more ...
LONDON - European services and manufacturing output unexpectedly shrank in February as the eurozone economy struggles to rebound from a contraction in the fourth quarter. Read more ...
These so-called collective-action clauses, which impose the will of a majority of bondholders on the minority, are a common feature of many new bond contracts. This would deny the restructuring a "voluntary" characterization, which would in turn likely trigger a wave of potentially destabilizing payments on the $3.2 billion in credit default sw [...] Read more ...
Reinvigoration of Structural Reforms Critical to Restore Growth By Heather Scott WASHINGTON (MNI) - The latest bailout program for Greece faces [...] Read more ...
The network includes the founders of Dropbox and Airbnb. Read more ...
