Stress, stress, stress

By Mike Peacock
October 23, 2013

The European Central Bank will announce the methodology which will underpin the stress tests of about 130 big European banks next year.

Forever blowing bubbles?

By Mike Peacock
October 22, 2013

UK finance minister George Osborne is speaking at a Reuters event today, Bank of England Deputy Governor Charlie Bean addresses a conference and we get September’s public finance figures. For Osborne, there are so many question to ask but Britain’s frothy housing market is certainly near the top of the list.

Slow motion coalition

By Mike Peacock
October 21, 2013

Angela Merkel’s CDU and the centre-left SPD will begin formal coalition talks in Germany this week after a meeting of 230 senior SPD members gave the go-ahead on Sunday.

Greek turning point?

By Mike Peacock
October 7, 2013

Greece will unveil its draft 2014 budget plan which is expected to forecast an end to six years of recession.

Banking union shift

By Mike Peacock
September 16, 2013

For most of the year, the biggest question for the euro zone was whether the pace of reform would pick up after German elections which are now just six days away. Thanks to a Reuters exclusive over the weekend it appears the answer could be yes, at least incrementally.

Back from the beach

By Mike Peacock
August 26, 2013

Back from a two-week break, so what have I missed?

All the big and ghastly news has come from the Middle East but there have been interesting developments in the European economic sphere.
It seems safe to say that Britain’s economic recovery is on track, and maybe more broadly rooted than in just consumer spending and a housing market recovery (bubble?).

A day to reckon with

By Mike Peacock
July 4, 2013

This could be a perfect storm of a day for the euro zone.

Portugal’s prime minister will attempt to shore up his government after the resignation of his finance and foreign ministers in successive days. The latter is threatening to pull his party out of the coalition but has decided to talk to the premier, Pedro Passos Coelho, to try and keep the show on the road.

ECB in court

By Mike Peacock
June 10, 2013

The major euro zone event of the week starts on Tuesday when Germany’s top court – the Constitutional Court in Karlrsuhe – holds a two-day hearing to study complaints about the ESM euro zone bailout fund and the European Central Bank’s still-unused mechanism to buy euro zone government bonds.

Taking stock

By Mike Peacock
May 1, 2013

It’s May Day and most of Europe, barring Britain, is taking a holiday so maybe it’s a day to take stock.

ECB eclipsed by BOJ

By Mike Peacock
April 4, 2013

The European Central Bank takes centre stage. While others in the euro zone are saying the way Cyprus was bailed out – with bank bondholders and big depositors hit – could be repeated, the ECB insists it was a one-off.