Nov 21, 2012 | Emerging Markets, European Economy
While a good deal of investor attention has been focused on the US of late, in the process relegating the EU debt crisis into clear second place, CEE economies have been largely subjected to benign neglect. Arguably this is a mistake, since a lot can be learnt from...
Oct 11, 2012 | European Economy
Our Chief Editor was on Spanish television yesterday to talk about Spain’s economy and the viability of a Catalan state. You can see the interview here (in Spanish).
Sep 10, 2012 | European Economy, Global Economy, Press
Our Head of Research Claus Vistesen was on Bloomberg TV this morning to talk about the significance of last week’s ECB meeting and the unveiling of the new bond purchasing programme.
Aug 6, 2012 | European Economy
The situation in Ukraine is once more coming to a head, as it did so in 2008 and 2009. To avoid a hard default, a critical outflow of foreign funds, and a complete depletion in the central bank’s reserve assets, Ukraine should drop the peg (or widen the trading band)...
Jul 24, 2012 | European Economy, Fiscal Policy
Core European government bond yields continue to fall and are now outright negative in many countries. Traditionally, this would suggest a stern message from the fixed income market that deflation is around the corner. But there could be other explanations. Firstly,...
Jul 17, 2012 | European Economy, Monetary Policy
The SNB lately reiterated its stance to maintain a EURCHF floor of 1.20. In the process, the SNB has amassed billions of foreign currency-denominated assets, about half of which is EUR, and certainly some of dubious quality (some of the recent moves tighter in French...
Jul 5, 2012 | European Economy, Whitepaper
The Final Winner of the Wolfson Economics Prize was announced today. Congratulations to all for their efforts! Download our full report
Jun 18, 2012 | European Economy
One country very sensitive to economic events in Switzerland, specifically the strength of the CHF, is Hungary. Hungary has a high ratio of loans denominated in a foreign currency – over 60% of GDP – most of which is in Swiss francs. As the HUF weakens, especially...
May 10, 2012 | European Economy, UK
The Mexican peso is the only major currency to have appreciated against sterling this year (and then only by less than 1%). The trade-weighted sterling is the highest it has been since late 2008, when the currency was in the midst of its epochal devaluation. The...
