European breakup – Page 11 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Some thoughts on Europe, most of them positive

On European rebalancing and Germany’s excess savings

On Greece’s eventual exit from the eurozone

The political economy of the euro crisis, part 1

Buiter: Most European banks are zombies

My thoughts on the Cyprus bailout

Running through unilateral Cyprus exit scenarios

De Grauwe: Euro area in ‘deep trouble’

When do we call it a solvency crisis?

On why the ECB is cutting off Cyprus on Monday