Report
What arsenal of financial assistance in the Eurozone?
What happens when a Eurozone member state loses access to capital markets? When this question arose for the first time, in the spring of 2010 in Greece’s case, nothing was planned for such an eventuality. Improvisation was required. Henceforth, there is no room for improvisation. In the event of a full-scale budget crisis, the ESM can attempt to substitute itself for the markets and the ECB can attempt to recreate normal financing conditions but, in each case, nothing can be done...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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