Tag Archives: insolvent banks

America puts dying European banks on live support

For a brief moment this week it seemed as though the French bank Crédit Agricole would collapse because of lack of liquidity. Such an event had been a long time coming because European banks are having increasing difficulties in rolling … Continue reading

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Is there a solution to Spain’s debt crisis?

Recently Spain got back on the radar of investors when an auction of government bonds failed to attract enough attention, forcing the yield up to almost 7%. In light of the yield on German bonds of less than 2%, this … Continue reading

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Is the Spanish housing market a steal?

According to this article house prices have dropped 6.4% in October, compared with October 2010. The overall price-index, with 1000 as a base for 2005, now stands at 891. That would imply a price drop of only 11%. If you take … Continue reading

Posted in economy, real estate | Tagged , , , , , , , | 3 Comments