Relevant:
- Eurozone Target2 Imbalances Creeping Back Up
- Target2 Imbalances May Force Greece Issue; Germany and France Already On Hook For Over EUR 160 bln
- Capital Flight Intensifies to Record Levels in Spain; Outflows Make Spanish Banks Increasingly Reliant on ELA Funding
- Europe's Most Parabolic Chart Goes Parabolic-er (TARGET2 liabilities)
- "Target2" Intra-Eurozone Settlement Imbalances Continue To Balloon: Charts
2017-03-06 — mishtalk.com
``A quick perusal of Target2 Balances for January shows capital flight from Italy and Spain to Germany intensified again... German target2 imbalances exceed levels hit in the Eurozone crises in 2012. ''
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