{"id":926,"date":"2016-09-18T19:32:30","date_gmt":"2016-09-19T01:32:30","guid":{"rendered":"https:\/\/trends.ufm.edu\/en\/?post_type=newsletter&#038;p=926"},"modified":"2016-12-08T14:50:13","modified_gmt":"2016-12-08T20:50:13","slug":"chronicle-banking-death-foretold","status":"publish","type":"newsletter","link":"https:\/\/trends.ufm.edu\/en\/report\/chronicle-banking-death-foretold\/","title":{"rendered":"Chronicle of a Banking Death Foretold"},"content":{"rendered":"<p>The Eurozone\u2019s growth remains above 1.5%. Although still far from its potential, the economy has been resisting the poor worldwide economic performance.<\/p>\n<p>The Eurozone\u2019s economy has been operating at two speeds: while Spain and Ireland lead the area\u2019s economic growth, Greece has the worst economic performance and is currently in a recession.<\/p>\n<p>The leading indicators of economic activity are all positive.<\/p>\n<p>The ECB\u2019s monetary policy is damaging the banking sector. Currently, the almost 4% of the bank\u2019s profit are taken away because of monetary policies. We estimate that in a year this figure could reach 13.5%.<\/p>\n<p>Consumer prices, and, in particular, production prices have deflationary trends. However, they do not have a negative impact on economic performance.<\/p>\n<p>There is an increase in credit to households, and a decrease in credit to government. Fiscal consolidation has a \u201cnegative expulsion effect,\u201d in which the credit that is not given to the public sector ends up in the hands of families and businesses.<\/p>\n<p>The spread of the yield curve narrows, still far from its possible minimum. However, if the figure becomes negative, there are greater chances for a crisis in the Eurozone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Eurozone\u2019s growth remains above 1.5%. Although still far from its potential, the economy has been resisting the poor worldwide economic performance. The Eurozone\u2019s economy has been operating at two speeds: while Spain and Ireland lead the area\u2019s economic growth, Greece has the worst economic performance and is currently in a recession.<\/p>\n","protected":false},"author":104,"featured_media":956,"menu_order":0,"template":"","meta":{"anio":"2016","mes":"April-June","id_estadisticas":"stat-eurozone-april-june-2016","newsletter_link":"https:\/\/trends.ufm.edu\/en\/wp-content\/uploads\/2016\/09\/Eurozone-2016Q2-UFM-Market-Trends.pdf","portada_informe":"https:\/\/trends.ufm.edu\/en\/wp-content\/uploads\/2016\/12\/eurozone2016q2.jpg","subtitulo":"Eurozone Q2 2016 Report","footnotes":""},"tags":[107,7,11],"class_list":["post-926","newsletter","type-newsletter","status-publish","has-post-thumbnail","hentry","tag-107","tag-april-june","tag-eurozone"],"_links":{"self":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter\/926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter"}],"about":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/types\/newsletter"}],"author":[{"embeddable":true,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/users\/104"}],"version-history":[{"count":0,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter\/926\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/media\/956"}],"wp:attachment":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/media?parent=926"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/tags?post=926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}