TARGET-2 Imbalances Dip

From Acting Man
January 10, 2013 - 4:55am

  TARGET-2 Imbalances Improve Slightly As Risk Shifts to the Core As Der Spiegel reports, capital flight from Southern Europe has stopped and even slightly reversed in recent months. This is a belated reaction – so it is surmised – to the 'OMT' announcement effect. However, the move is still quite small at this stage, [...]

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