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Tag Archives: banking

Who Really Gains From Austerity?

German Chancellor, Angela Merkel

In, “Europe Should Stop Listening To Germany“, I very briefly mentioned the advantage Germany and other nations of the austerity chorus have over their southern counterparts thanks to skewed bond analysis employed by global markets. Part of the problem stems from the ability of each nation’s central bank to issue new debt, thus allowing markets to assess each issue state-by-state ... Read More »

What Is: EURIBOR

As Europe's Central Bank looks to cut rate targets into 2013, all eyes turn to the key reference rate for the continent's major banks. Read More »