Italy

Spain/Italy – Stress tests lack credibility & Berlusconi makes a comeback? – Analyst Insights

Interview with Matt Lasov, Head of EMEA Research for Frontier Strategy Group Spain –Take today’s banking stress test results with a grain of salt because the hired consultants were not permitted to audit the banks directly and instead could only review Spanish…

The Sovereign Debt Crisis in Emerging Markets (Part I)

What happened? In 2008, banks stopped lending as they were forced to use capital to absorb losses from deteriorating investment portfolios. When lending dried up, business struggled, industrial production contracted, and jobs were lost. Job loss drove the consumer into…

The Problem in Italy Lies in Politics, Not Economics

Berlusconi’s exit may mark the beginning of the breakup of the European Monetary Union (EMU), changing the business environment in Europe and markets globally. The problem in Italy lies in the country’s politics, not its economics; if the political class…

Germany Structuring Path to Euro Exit for Italy, Greece

German Chancellor Angela Merkel’s party voted today to provide a means for Euro-zone markets to voluntarily exit the Euro without losing access to the EU’s free trade zone. This move confirms that Germany is not willing to save the Euro…