Contagion from the 2 Friday-Night Bank Collapses in Italy? by Don Quijones • Jun 25, 2017 • 75 Comments This is how desperate the Italian Banking Crisis has become.
Two Italian Zombie Banks Toppled Friday Night by Wolf Richter • Jun 23, 2017 • 75 Comments ECB Shuts Down Veneto Banca and Banca Popolare di Vicenza.
EU Political Class Rides Roughshod over Citizens’ Concerns & Frustrations as it Pushes Integration by Don Quijones • Jun 22, 2017 • 36 Comments Even the “elite” is not totally on board.
German Politicians Hammer the ECB, But Only to Get Votes by Don Quijones • Jun 18, 2017 • 34 Comments They know: the Eurozone would plunge into a sovereign debt crisis all over again, only worse this time.
Fear of Contagion Feeds the Italian Banking Crisis by Don Quijones • Jun 16, 2017 • 40 Comments At first, deny, deny, deny. Then taxpayers get to bail out the bondholders.
Is Another Spanish Bank about to Bite the Dust? by Don Quijones • Jun 10, 2017 • 29 Comments Liberbank’s stockholders and junior bondholders fear a “bail-in.”
“Bail-In” Era for Europe’s Banking Crisis Begins by Don Quijones • Jun 7, 2017 • 91 Comments Many Banco Popular investors wiped out. Taxpayers off the hook. What it means for Italy.
Shock Waves Spread from Spain’s New Banking Crisis by Don Quijones • Jun 3, 2017 • 44 Comments Has the time finally come to test the EU’s bail-in law?
Despite the Hype, Italy’s Banking Crisis Metastasizes by Don Quijones • Jun 1, 2017 • 22 Comments The government’s giant debt is already “vulnerable to market turbulence.”
Banco Popular’s Co-Co Bonds Plunge as Balance Sheet Chaos Revealed in Potential Forced Sale by Don Quijones • May 29, 2017 • 7 Comments Spain’s sixth largest bank “itself cannot at this point make a rough calculation” of what its value is, “and if they can’t, neither can we.”