These days an old acquaintance has returned to the headlines. The risk premium. In 2012, a decade ago, that indicator caused many headaches for Spain during the so-called debt crisis. Now the risk premium is back in the news because it is rising again, although it is still far from the levels of yesteryear. What is the risk premium? Why is this indicator important? In which countries is it higher and how can it be prevented from rising? In the video that accompanies this news, the journalist from EL PAÍS, Álvaro Sánchez, analyzes the implications of a possible rise in the risk premium in Spain and answers these questions.
Given the escalation of the risk premiums of the countries of southern Europe and the debacle in the stock markets, the European Central Bank (ECB) convened an extraordinary meeting of its governing council this Wednesday in which it announced one of the increases of interest rates more intense since the creation of the euro. The entity chaired by Christine Lagarde has already announced an increase of 0.25% next July and another in September, which may even be 0.5%. And he warns that this is only the beginning of a path of increases that, according to the markets, can reach 2% in 2023. Some experts consulted even go further. The end of the era of negative rates has revealed, however, that for a rate hike it is key to prevent risk premiums from skyrocketing.
#Video #analysis #risk #premium #problem