European public opinion turns against the euro
67% thought the EU had been beneficial to their economies. But only 40% felt the same about the euro.
By Ben Chu | Eagle Eye, Econoblog | Thursday, 15 September 2011 at 2:54 pm
Britain’s exposure to eurozone debt
The Ernst and Young ITEM Club estimates that the overall exposure of British banks to these economies is much around $430bn, or 19 per cent of our GDP. If the eurozone unravels and those debts fall dramatically in value (or even go into default), the fact that we’re not members will not protect us.
By Ben Chu | Eagle Eye, Econoblog | Wednesday, 14 September 2011 at 11:16 am
What Vickers got right
The commission absolutely demolishes the argument of the mega banks that they receive no de facto Government subsidy.
By Ben Chu | Eagle Eye, Econoblog | Tuesday, 13 September 2011 at 1:48 pm
Vickers’ missing cost-benefit analysis
What I hoped to see from the Vickers report was an attempt to quantify the economic benefit of universal banking – both for customers and wider society – and also to estimate the costs of getting rid of it. But it’s simply not there.
By Ben Chu | Eagle Eye, Econoblog | Monday, 12 September 2011 at 7:21 pm
How hawkish is Jorg Asmussen?
Germany’s nominee for the vacant European Central Bank post believes it is firmly in Germany’s economic interest for the eurozone to survive. He has also spoken with genuine respect for the measures that Greece has made over the past year to get its public finances into shape.
By Ben Chu | Eagle Eye, Econoblog | Monday, 12 September 2011 at 10:23 am
What happens if growth disappoints?
If growth is half the level expected, the Chancellor will enter the next election borrowing more than 8 per cent of GDP and with debt levels at more than 100 per cent of GDP and rising.
By Ben Chu | Eagle Eye, Econoblog | Thursday, 8 September 2011 at 1:02 pm
Is Iceland doing better than Latvia?
Morten Hansen of the Stockholm School of Economics in Riga suggests that, despite Latvia’s massive drop in output since 2007, its economy is still outperforming Iceland’s over the past decade.
By Ben Chu | Eagle Eye, Econoblog | Tuesday, 6 September 2011 at 12:49 pm
Wolfgang Schauble’s “indisputable” reality
Here we have the finance minister of the key nation of the eurozone crisis simply ignoring inconvenient facts. If you were an investor in eurozone sovereign debt, would you be re-assured by that?
By Ben Chu | Eagle Eye, Econoblog | Tuesday, 6 September 2011 at 10:58 am
The facts about Germany and the eurozone
Angela Merkel has failed to spell out to the German people just how much Germany exports to the eurozone and the extent to which German banks would suffer if the single currency split apart.
By Ben Chu | Eagle Eye, Econoblog | Friday, 2 September 2011 at 2:51 pm
The case for more quantitative easing
Adam Posen argues that spending cuts across the developed world make more quantitative easing not only desirable, but essential.
By Ben Chu | Eagle Eye, Econoblog | Wednesday, 31 August 2011 at 6:43 pm
Most viewed
|
|
Latest from Independent journalists on Twitter