Eurozone Crisis Archives - CFO

Euro-Zone Growth Flounders

Euro-Zone Growth Flounders

Standard &spamp; Poor&spamp;rsquo;s cuts its euro-zone GDP forecast and says corporate defaults will continue to rise.

By Andrew Sawers | November 15, 2012

The ECB Buys Time, if Not Bonds

The ECB Buys Time, if Not Bonds

The European Central Bank&spamp;rsquo;s OMT initiative comes with strings attached.

By Andrew Sawers | October 8, 2012

Euro Zone 2013: Zero Growth, More Defaults

Euro Zone 2013: Zero Growth, More Defaults

Standard &spamp; Poor’s cuts its euro-zone GDP forecast for this year and next, and says robust high-yield issuance won’t stop corporate defaults from rising.

By Andrew Sawers | September 26, 2012

Super Mario’s Bond Buy: Too Many Strings?

Super Mario’s Bond Buy: Too Many Strings?

The European Central Bank’s latest initiative was initially welcomed by almost everyone — apart from the German central bank. It might not end up being the lone doubter, however.

By Andrew Sawers | September 12, 2012

Bonds, Not Banks, for European Corporates

Risk Management

Bonds, Not Banks, for European Corporates

With the banking sector under continuing pressure, European companies are breaking with tradition and raising more money from capital markets.

By Andrew Sawers | August 8, 2012

Euro Slide Sparks M&A Interest

Euro Slide Sparks M&A Interest

The weakening currency makes European assets more attractive.

By Andrew Sawers | August 1, 2012

“I Would Love to Owe a Bank One Million Drachma”

Risk Management

“I Would Love to Owe a Bank One Million Drachma”

In the first installment of a series, a treasurer lays out a plan for managing a multinational’s exposure to the euro-zone crisis.

By Patrick Guido | July 31, 2012

Big Banks Amp Up Investment Risks

Risk Management

Big Banks Amp Up Investment Risks

Earnings pressures are causing the largest U.S. commercial banks to add riskier securities to their normally ho-hum investment portfolios, says S&spamp;P.

By Vincent Ryan | July 24, 2012

Draghi’s Soothing Words Fail to Calm Euro Fears

Draghi’s Soothing Words Fail to Calm Euro Fears

The European Central Bank president’s attempts to provide reassurance about the future for the euro has sent market players scurrying for cover.

By Andrew Sawers | July 24, 2012

How to Break Up the Euro

How to Break Up the Euro

A prize-winning analysis shows how one or more countries might go about exiting the euro zone and what the fallout could be.

By Andrew Sawers | July 11, 2012

Euro Faces Depreciation or Destruction: FX Bankers

Euro Faces Depreciation or Destruction: FX Bankers

Currency analysts think that in order to survive, the euro zone will have to break up or see the euro’s value weaken significantly.

By Andrew Sawers | July 11, 2012

What If a Eurozone-like Crisis Happened in the U.S.?

What If a Eurozone-like Crisis Happened in the U.S.?

In GDP terms, Greece falling out of the euro zone would be like Maryland giving up the dollar for a weaker currency.

By Andrew Sawers | July 6, 2012

Long-Term Fix Taking Priority in Euro Crisis

Long-Term Fix Taking Priority in Euro Crisis

Despite its global implications, the sovereign debt crisis is taking a back seat to European leaders’ desire for a long-term road map for the currency union.

By Vincent Ryan | June 26, 2012

Credit Rating Downgrades Pressure Global Banks

Risk Management

Credit Rating Downgrades Pressure Global Banks

Some of the largest financial institutions had their long-term credit ratings cut by Moody’s, but the impact on their cost of funding is unclear.

By Andrew Sawers | June 22, 2012

The Bailout That Could Sink Spain

Risk & Compliance

The Bailout That Could Sink Spain

Doubts surfaced almost immediately that the Spanish bank bailout deal wasn’t as locked down as it needs to be to restore confidence.

By Andrew Sawers | June 13, 2012