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Bank credit supply is improving in the €-area
In a post published in this blog at the beginning of November of last year 1 the argument...
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A help for the ECB from the derivative market
The European Central Bank clearly has a big problem. Its dominant objective is to pursue price stability, which...
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Should Greek debt be dealt with as the German one was?
Immediately after Syriza’s victory in the Greek elections, the new Greek government asked for a reduction of its...
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The day after QE
In a previous post, published on Tuesday the 20th 1 we addressed two issues: Whether the expected Quantitative...
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Will QE surprise on the upside or the downside?
The European Central Bank has practically communicated that it will decide on Quantitative Easing (QE) in its 22nd...
