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Monthly Archives: March 2013
Important change if you are European or at least bank there.
The last few week to ten days have been fairly hectic to say the least. Starting with the news that Cyprus was to receive a bailout and also have to impose a tax on all depositors in Cypriot banks to … Continue reading
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Cyprus saga
In the early hours of this AM the Eurogroup came to some kind of agreement with Cyprus that rather sneakily they feel has avoided the process of ratification in a Cypriot parliament. Last week was a rather tense affair as the original deal … Continue reading
Taking the union out of the European Union.
If I am honest I probably have more questions than answers on the situation that has occurred in Cyprus over the weekend. From what I have read it seems an unprecedented move and when actions like that happen it tends to … Continue reading
Cypriot deposit base taxed
This one is pretty ugly. Cyprus bailout has hit the avergae saver in Cyrpus hard in order to get at what they really want and that is the large money that is – shall we say “resting” in Cypriot banks. … Continue reading
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#COYBIG
More to follow – Irish bond auction going very well – strong demand witnessed- “were baaaaaaaaaack “ http://www.ft.com/cms/s/0/a2165ee0-8bde-11e2-8fcf-00144feabdc0.html#axzz2NQqY0xJl
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Trouble brewing in Germany?
Some possible trouble afoot for the current German political scene. Germany will be going through their elections around September of this year and while consensus still dictates that Angela Merkel and the CDU party still receives widespread support there is some momentum building against … Continue reading
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Tagged Alternative for deutschland, Austerity, elections, Germany, Merkel
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Winner of Italian election?
With the Italian elections come and gone from last week, we are no closer to a government in place than we were last Monday and yet to declare a winner. However an eerie sense of calm has presided over markets … Continue reading
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