As to whether, as we maintain, a good degree of what is hysterically referred to as 'capital flight' by that contingent chronically craving attention would be better described as 'repatriation' we think the chart on the left, at least to some degree, p...
Aug 11, 2011 - Spanish short sale ban announced. Close +6% from intraday low. July 23, 2012 - Spanish short sale ban announced. Close +5% from intraday low. As for the collection of mindless blanks that immediately start shouting that short bans accomp...
The Ministerio de Industria has just published the most recent merchandise trade figures for Spain. On a month to month basis it's a very volatile series, but May's trade deficit in goods is worth pointing out - far and away the lowest in the series. A...
Choosing as a starting point May 2010, the month in which eurozone residents' deposits in Greek banks reached their all-time maximum of 380 billion euros, the chart on the left shows the normalized changes in the same, through May 2012, for the banking...
Earlier this week, the comprehensive list of conditions upon which depends the EU bailout of the Spanish banking system was published. Three points particularly stand out from this writer's point of view. 9). '...segregation of assets in those banks r...
Yesterday's post on Spain's current account deficit proved to have, despite finding itself published on the American July 4th holiday, caught the internet's fancy. We'll take advantage of the public's (possibly temporary) disposition to be attracted by...
In April, the Spanish current account deficit - calculated properly on a continuous 12-month basis and as a percentage of GDP - recorded its lowest level since the beginning of the euro era. ----------------------------
3-month Spanish bill auction results and 2-, 5- and 10-year secondary - yesterday and during last November's pre-LTRO spike. Identical at 5 and 10, not the same story closer in, despite Tuesday's auction results. Nearly triple those in May, but still ...
