betekenis van het woord EURO

RBS stopt 45 miljard aan slechte leningen in ‘bad bank’

The Royal Bank of Scotland gaat 38 miljard Britse pond (45 miljard EURO) aan riskante leningen in een aparte bank onderbrengen. Dat maakte de bank vandaag bekend. Deze intern geleide ‘bad bank’ moet in drie jaar de portefeuille aan slechte leningen van de bank overnemen, en is een maatregel om weer een stap richting privatisering van de bank te zetten.

Griekse banken weer bankroet

Greek Banks Broke Twice Over, As Bad Loans More Than Double Capital Base

Back in January,  we highlighted the main problem plaguing the Greek financial system, and why a bailout (at least third, but likely fourth and fifth, and so on) is inevitable because "the amount of non-performing loans has exploded by a laughable amount, rising some 50% from December 2011, when it was "only" 16% and stood at a gargantuan 24% last month (indicatively, in the US this would mean that some $1.7 trillion in loans was nonperforming). And therein lies the rub, because as Kathimerini prudently notes, the "bad loans come to a considerable 55 billion EUROs. This means that the sum of NPLs already exceeds the total funds set aside for the recapitalization of the local credit system, which amounts to €50 billion." Yesterday, Kathimerini provided a much needed update on the amount of NPLs in Greece: according to the latest PwC report, NPLs have risen by another €10 billion in under one year, and now amount to €65 billion, which is now larger than the recapitalization funding and amounts to more than double the €30 billion capital base of local banks!

Column Kees de Kort | Optreden toezichthouder lijkt op afpersing

De Libor-affaire en de betrokkenheid van Rabobank gaat nog even door. En dat komt vooral door de claims. Fannie Mae bijvoorbeeld eist 589 miljoen EURO van verschillende banken, waaronder Rabobank. Maar een bank hoeft niet bang te zijn voor dat soort claims, zegt Kees de Kort.

Jim Rickards: "De EURO is de sterkste munt"

Jim Rickards, bekend van de bestseller 'Currency Wars', heeft zich bijzonder positief uitgelaten over de EURO. In een interview met Trumanfactor zegt hij dat veel analisten de dynamiek van de EURO niet begrijpen. De waarde van de munt staat los van de hoge werkloosheid en de zwakke economische groei en beschermt EUROpese burgers tegen de devaluaties uit het verleden.

Hoogste werkloosheid ooit: de depressie in de EUROpa gaat dieper

The unemployment rate in the EUROzone is higher than it has ever been before.  This week we learned that EUROzone unemployment came in at an all-time high of 12.2 percent for September.  Back in January 2012, it was sitting at just 10.4 percent.  So anyone that believes that "things are getting better" in EUROpe is just being delusional.  In fact, the economic depression in EUROpe just keeps getting deeper.  The funny thing is that the mainstream media will barely call what is going on in EUROpe a "recession" even though the unemployment rates in both Spain and Greece are now much higher than anything that the United States ever experienced during the "Great Depression" of the 1930s.  There haven't been as many headlines about the financial crisis in EUROpe lately because the ECB has been papering over the debt problems of the periphery (at least for the moment), but the economic conditions on the ground for average EUROpeans just continue to get even worse.  Later on in this article, you will read about a 25-year-old Spanish man with three college degrees that moved to London in a desperate search for a job who is now cleaning up poop for a living.  The economic collapse of EUROpe continues to march on, and there is no end in sight.