Spanish fears take the forefront, but it's just part of Europe's painful equilibrium.
Lorcan Roche Kelly
On the April ECB Rate Decision
Wednesday, April 4, 2012
The ECB stands pat -- apparently markets will just have to wait to see if LTRO worked.
Crunch Time for Reform in Europe
Wednesday, March 28, 2012
The honeymoon is ending for Monti and Rajoy, as labor reforms get politically difficult.
Spanish Flu?
Friday, March 16, 2012
Spain is Europe's post-crisis laggard. If reform is sustained, it can catch up.
Unquestionable Success?
Friday, March 9, 2012
The worst thing that can happen to Europe now is that everything goes perfectly.
How Big was the LTRO, Really?
Monday, March 5, 2012
Size matters -- but for central bank liquidity, quality means as much as quantity.
On the Second 3-year LTRO
Wednesday, February 29, 2012
It's official: euro area banks won't be Lehman. Now can they be more than zombies?
LTROphoria
Monday, February 27, 2012
3-year LTRO's now a rock star. Wednesday's auction is the difficult second album.
Greece is Saved! (Again...)
Tuesday, February 21, 2012
Another version of another bail-out. Fortunately, we don't have to care anymore.
Europe's Supply-Side Revolution
Friday, February 17, 2012
Following Germany's lead, euro-zone nations are pursuing pro-growth reforms that Reagan and Thatcher would admire.