Articles
Short selling of Spanish bank shares
Fecha:
July 2012
Bank share prices have been particularly hit in recent months, especially in those countries, like Spain, where the fate of banks and that of public finances is more closely related, such that speculating against bank shares is seen as a proxy for speculation against sovereign
debt.
The wholesale funding market of the Spanish banking system
Fecha:
July 2012
Spain’s high levels of private debt, in particular bank debt, together with increased public debt levels, is making it extremely difficult for Spanish banks to tap wholesale funding marketscurrently their main source of funding.
The importance of foreign banks in financing the Spanish economy
Fecha:
July 2012
Two major economic imbalances in Spain are the size of its negative financial position versus the rest of the world and its high level of external debt. A large part of Spain’s financing comes from banks in third countries and the effects of the crisis have led to increased capital
flight.
Resolution of the Spanish banking crisis: Implications of recent developments
Fecha:
July 2012
There has been some recent progress in the resolution of the banking crisis in Spain through four major developments. First, the Eurogroup agreed on setting up contingent aid for the recapitalization of Spanish banks for 100 billion euros.