Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Eurozone Capital Flight Intensifies: Target2 Imbalances Widen Again

Friday, March 3, 2017 14:55
% of readers think this story is Fact. Add your two cents.

(Before It's News)

mishtalk.com / Mike “Mish” Shedlock / March 3, 2017

A quick perusal of Target2 Balances for January shows capital flight from Italy and Spain to Germany intensified again.

German target2 imbalances exceed levels hit in the Eurozone crises in 2012. Things improved considerably after ECB president Mario Draghi made his famous statement “Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough”.

READ MORE

The post Eurozone Capital Flight Intensifies: Target2 Imbalances Widen Again appeared first on Silver For The People.



Source: http://silveristhenew.com/2017/03/03/eurozone-capital-flight-intensifies-target2-imbalances-widen-again/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.