More ECB Bond Holdings Get in Trouble: Infrastructure Giant Atlantia, Infamous for Collapsed Genoa Bridge, Could Lose its Core Business by Nick Corbishley • Jan 4, 2020 • 67 Comments Amid a slew of problems.
Negative Yielding Bonds Turn into Punishment Bonds by Wolf Richter • Nov 9, 2019 • 146 Comments After peak negative-yield-absurdity in August, bond prices fell – the “bond bloodbath” – and the mountain of bonds with negative yields has plunged by $5 Trillion, or by 30%, despite rate cuts.
Bad Loans Still Too High at Eurozone Banks, ECB Warns by Don Quijones • Jun 17, 2019 • 44 Comments NPLs remain dangerously to catastrophically high in Italy, Greece, Portugal, and Cyprus.
Inspired by Deutsche Bank Death Spiral, European Banks Sink to Dec 24, 2018 Level – First Seen in 1995 by Wolf Richter • Jun 15, 2019 • 73 Comments The benefit of NIRP: There’s hell to pay – even the ECB admits it.
Italian Banks Are At It Again, Shares Re-Crushed by Don Quijones • May 29, 2019 • 17 Comments What to do with those messy banks ignites further tensions.
More Airlines Collapse: Jet Airways India, Alitalia, WOW Air by MC01 • Apr 17, 2019 • 44 Comments And the 217 planes that Jet Airways ordered from Boeing?
Big Old Problem Just Re-Erupted on Eurozone’s Southern Flank by Don Quijones • Apr 11, 2019 • 54 Comments Italy’s fiscal health is once again in serious decline.
Toll-Road Giant Abertis Just Doubled its Debt to €22 Bn to Pay a Special Dividend to the Companies that Acquired it Last Year by Don Quijones • Mar 12, 2019 • 23 Comments The acquisition created world’s biggest toll-road operator. But it was costly.
“New Economic or Financial Crisis” in the Eurozone Could Start in Italy: French Government Frets by Don Quijones • Feb 23, 2019 • 53 Comments French banks are heavily exposed to Italy.
Italy Guns For Glass-Steagall-Type Law to Break Up Banks, Cut Bailout Costs for Taxpayers by Don Quijones • Feb 3, 2019 • 45 Comments The banking lobby and the ECB will have a cow.
