Tag Archive for Banks In Spain

Cleaning up the mess: Bank resolution in a systemic crisis | vox – Research-based policy analysis and commentary from leading economists

The diabolic loop between the solvency of the banking system and the sovereign fiscal position is now apparent (Lane 2012). In Greece, it is the insolvency of the government that has sunk the banks; In Spain, the banks are sinking the government. What is common in both countries is that savers are running away when…