Saturday, August 17, 2013

Germany: Lastest figures released by FAZ re bank rescues since 2008 & Euro area liabilties

risks resulting from euro area rescues

Schäuble: Gesamtrisiko beträgt 310 Milliarden Euro (FAZ, Aug 17th 2013)(German)
(engl.:Schaeuble: total liabilities 310 bn euro,
IFO: 533bn € optimistic scenario, 637bn pessimistic)
(article is a follow-up to this one a day earlier: Deutsche Haftung höher als Schäuble angibt)


risks re German bank rescues since outbreak of financial crisis 2008

Milliardengrab Bankenrettung (FAZ, Aug 16th 2014)(German)
(engl.: billion grave bank rescue,
646 bn € guarantees, 259 bn used , possible bill for taxpayer: 30-50 bn)

(included European rescue chart: light red = guarantees, dark red = used , BIP = GDP )



related
Cross border exposures (BIS data) 
State secret bank rescue (video) 

Ab 2015 keine Nettokreditaufnahme mehr geplant  (Bundestag.de, Aug 13th 2013)

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