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Tag Archives: Banking Union
The EU has “very little time to stop bank runs and the resulting disintegration of monetary union.”
EU Seeks Lender Levy, Debt Losses as Step to Banking Union Failing banks’ senior unsecured creditors may be forced to take losses and lenders may be made to pay levies under European Union proposals to deal with crisis-hit banks that … Continue reading
Posted in Editorial
Tagged Banking Union, European Collapse, NC Renegade
Comments Off on The EU has “very little time to stop bank runs and the resulting disintegration of monetary union.”
European Hail Mary or End Run?
The call for direct capitalization of Euro zone banks by forming a banking union is definitely a hail Mary to save Spanish and Greek banks. Although this is only a “call”, Germany will never support it and at some point, … Continue reading
Posted in Editorial, Financial
Tagged Bankia, Banking Union, Euro zone, European Collapse, NC Renegade
Comments Off on European Hail Mary or End Run?