The ECB recently issued this opinion on the proposal by Cyprus to issue ‘special’ government bonds that may be used as collateral to obtain liquidity from the ECB.
Category: Banking Crisis
This FT article reports an interesting development in Latvian policy, where the interplay with foreign-owned banks and currency policy are important features.
This article discusses lessons from the nationalisation of Swedish banks in the early 1990s.
The October bulletin is out. The comment article provides an interesting and wide-ranging assessment of the current state of the Irish economy and the set of policy challenges.
This article from the November issue of Vanity Fair provides a very detailed account of last Autumn’s crisis on Wall Street.