The recap on recapitalisation
November 11, 2011
As the eurozone crisis continues to unfold, lending from international financial institutions to the banking sector must be held to the task of supporting the most vulnerable – especially the SMEs in CEE – or it will continue to perform largely unsuccessful and unchecked as it has during the crisis to date.
Haircuts for eurozone citizens? A closer look at the EFSF
October 27, 2011
The European Financial Stability Facility is a crucial element of eurozone leaders’ proposed solution to the debt crisis. But behind the shining EUR 1 trillion armour of the EFSF lurks an institution that could bring further mayhem as a closer look by Bankwatch’s alternative economics coordinator Roman Havlicek reveals.
New EIB report on SMEs: another rabbit in the hat from our favorite bank
August 30, 2011
The Bankwatch EIB team read the most recent report by the European Investment Bank on the bank’s crisis lending to small and medium enterprises and they were surprised by its main claims: unlike what the EIB says, our own research shows that EIB crisis loans to SMEs were more helpful to commercial banks disbursing them than to the cash-strapped small and medium enterprises they were supposed to help.
