Good morning, The consolidated Balance sheet of the Euro zone Monetary Financial Institutions is very revealing. France, not Germany, has the largest banking system in terms of both assets and capital. France, Germany, and Italy’s banking systems seem to be … Continue reading →

Good afternoon, The Euro bashers are back. From Gideon Rachman, the Financial Times’s very own euro sceptic Political Editor, to the sell side Cassandras, none of the usual suspects could resist beating the Euro while it’s down. A usual they … Continue reading →