- Banks lending to each other less and less
- Liquidity problems can lead to solvency issues
- Dexia, KBC still vulnerable; need vigilance
- “Urgent” that Greek problem solved
- Demanding capital hikes risks creating vicious debt circle
- In favour of euro bonds, but only under certain conditions
Coene is Governor of the National Bank of Belgium.
EUR/USD sits becalmed at 1.4265.