Euro

The Epidemic of Indecision

Mark R. Kennedy | Posted 06.01.2012

Read More: Theodore Roosevelt, Politics, Congress, G-8, Indecision, Washington DC, Integration, Europe, G-20, Euro, Politics News
Mark R. Kennedy

For decades, governments in advanced economies have been reaching compromises between those on the right and those on the left by kicking the can and the bill to the next generation.

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5 Essential Facts About the Greek Currency Crisis

Richard Barrington | Posted 05.30.2012

Read More: Greece, Euro, Euro Currency, Greecy Currency Crisis, Greece Euro Crisis, Greece Debt Crisis, Money News
Richard Barrington

The latest wrinkle in the Greek financial crisis is a rush by its citizens to withdraw their savings from banks. This is both a symptom of the fear that Greece might leave the euro zone and a potential catalyst to force that exit.

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'It's Better To Be Safe Than Sorry'

Reuters | Posted 05.29.2012

Read More: European Banks, Video, Europe Debt Crisis, Greece Euro Exit, Reuters, Greece Debt Crisis, Euro Zone, Imf, Drachma, Ban Run, Euro, Grexit, Business News

By Chris Vellacott and George Georgiopoulos LONDON/ATHENS, May 28 (Reuters) - After Greece's inconclusive elections on May 6 led to po...

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The End Of The Euro: A Survivor's Guide

Simon Johnson | Posted 05.27.2012

Read More: Eurozone, Eurozone Crisis, Economy, Greece Debt, European Union, Greek Exit, Greek Debt Crisis, Euro, Fiscal Affairs, Ecb, Greece, Germany, Greece Debt Crisis, Imf, Europe, Greece Austerity, Business News
Simon Johnson

In every economic crisis there comes a moment of clarity. In Europe soon, millions of people will wake up to realize that the euro-as-we-know-it is gone. Economic chaos awaits them -- and the world.

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Euro at Risk of Falling to Bits Just Like Pieces of Eight

James Doran | Posted 05.25.2012

Read More: Euro, European Debt Crisis, Dollar Inflation, Euro Inflation, Inflation Crisis, Euro Debt Crisis, Money News
James Doran

Those who rely upon currency must have faith that the institution that prints it has the wherewithal to meet all those promises. It is amazing, then, that the euro hasn't entirely evaporated.

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Greece Euro Exit Looms, Europe Fiddles

The Huffington Post | Mark Gongloff | Posted 05.24.2012

Read More: European Debt Crisis, Video, Eurozone Greek Exit, Greece, Euro Zone, Europe, Greek Debt Crisis, Greek Exit, Greek Exit Euro Zone, Euro, Grexit, Business News

Europe and Greece are at the stage in their stormy marriage where they are consulting with divorce lawyers. And we may all feel the pain of their brea...

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Deflation Isn't the Enemy

Michael Pento | Posted 05.24.2012

Read More: Interest Rates, Debt, Central Bank, Deflation, Inflation, Money Supply, Banks, Free Market, Euro, Business News
Michael Pento

We now have entire nations which have become insolvent. It would be very difficult to argue that having a banking crisis is better than enduring a sovereign debt crisis, especially since much of the assets banks hold is sovereign debt.

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Euro or Drachma? It's Not All About a Dilemma

Thanos Dimadis | Posted 05.23.2012

Read More: Drachma, Imf, Eurozone Debt Crisis, Eurozone, Greece, Greek Elections, Euro, Greek Youth Unemployment, Syriza, Youth Unemployment, World News
Thanos Dimadis

It's not only all about a dilemma but about how the Greek nation -- and especially young people -- will find again a reason to hope and believe that their future can get better, even if Greece after the very crucial next general elections can make it and stay hopefully in the eurozone.

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Dow On Pace For Lowest Close Of 2012, Thanks To Greece

The Huffington Post | Mark Gongloff | Posted 05.23.2012

Read More: European Debt Crisis, Video, Greece, Dow Industrials, Wall Street, Stocks, Bonds, Stock Market, Dow Jones Industrial Average, Euro, Business News

U.S. stocks are headed for their worst day in six weeks, while the euro is at its lowest level in nearly two years, as markets freak out about the pro...

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Eurozone Preparing For Greece Exit Scenario

Reuters | Posted 05.23.2012

Read More: Video, Eurozone, Greece, Greece Debt Crisis, Reuters, Eurozone Working Group, Ewg, Greek Debt Crisis, Euro, Business News

* Euro zone states urged to draft plans for Greek euro exit * Instruction given in euro working group call on Monday * G...

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A Note of Caution

Irene Finel-Honigman | Posted 05.22.2012

Read More: Drachma, Greek-Euro-Exit, Finance Ministers, Eurozone, Deutsche Mark, Greek Currency, Economy, Currency, Greek Debt Crisis, Euro, World News
Irene Finel-Honigman

There may be a momentary pride in the drachma as a symbol of Greece standing up to Europe and reasserting its independence, but sadly neither investors nor markets are likely to share the sentiment.

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Who Needs a Greek Government?

Peter Alexander Meyers | Posted 05.20.2012

Read More: Efficiency, Polanyi, Papandreou, Syriza, Elections 2012, Referendum, Merkel, Greek Debt Crisis, Capitalism, Euro, Pasok, Greece, New Democracy, Alexis Tsipras, Legitimacy, Samaras, Tsipras, World News
Peter Alexander Meyers

Greeks must decide to stay or go. Perhaps that is why it failed to come before the people. Perhaps that is why, when on May 6 the election was played out in a way that minimized the literal and more important question -- "Do you want to adopt the new agreement?" -- it failed again.

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Europe's Economic Woes Overshadow G8 Summit

Reuters | Posted 05.19.2012

Read More: Mario Monti, G-8 Summit, Video, Eurozone, Greece, G8 Summit 2012, G8 Summit, Reuters, Group of Eight, Europe Financial Austerity, Angela Merkel, Francois Hollande, Barack Obama, Euro, Austerity, World News

By Jeff Mason and Laura MacInnis CAMP DAVID, Md., May 19 (Reuters) - U.S. President Barack Obama pledged at a Group of Eight summit on...

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How to Navigate Markets Through the Euro-Zone Turmoil

Gemma Godfrey | Posted 05.18.2012

Read More: Europe, Banks, Debt, Spain, Euro, China, Portfolio, Dividend, Drachma, Investment, Portugal, Greece, Fsa, Wealth Management, French, Greek Exit, Election, Stocks, M&A, Buying Opportunities, Fund Managers, Allocation, Inflation, Emerging Market, Yield, Business News
Gemma Godfrey

As the euro zone crisis intensifies and global markets reflect investor concerns, we ask ourselves, is a Greek exit from the euro on its way? Preparations have already begun to protect shareholder interest.

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Let Greece Do Debt Cold Turkey

Eric Margolis | Posted 05.18.2012

Read More: Eurozone, Greece, G8 Summit, Angela Merkel, European Union, Nicholas Sarkozy, Greek Debt Crisis, Francois Hollande, Euro, Greek Debt, Greece Debt Crisis, World News
Eric Margolis

What would happen to Greece if it quit the euro? Financial chaos, capital flight, riots and bank failures... maybe. But after the apocalypse, Greece would eventually revert to its 1960's status: a poor but proud nation living off tourism, shipping, agriculture and fishing.

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Capitalist Revolution: Forget the Deficit and Learn From Europe

Sanjay Sanghoee | Posted 05.18.2012

Read More: Congress, John Boehner Debt Ceiling, Debt Ceiling, John Boehner, Trickle Down, France, Economic Crisis, Elections 2012, Capitalism, Euro, Deficit, Politics, Unemployment, Greece, Spending Cuts, Socialism, Europe, Republicans, Business News
Sanjay Sanghoee

Before we go wild with our deficit-cutting scythe, let's make sure that we are not hacking away at our own feet in the process.

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Paul Krugman: The Euro Can Still Be Saved

The New York Times | Paul Krugman | Posted 05.17.2012

Read More: European Debt Crisis, Eurozone, Greece, Germany, Paul-Krugman, European Union, Monetary Policy, Spain, Paul Krugman, European Central Bank, Euro, Business News

Suddenly, it has become easy to see how the euro — that grand, flawed experiment in monetary union without political union — could come apart at t...

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How Will the French and Greek Elections Change the Direction of Europe?

Gemma Godfrey | Posted 05.14.2012

Read More: Debt, Markets, Eurozone, Money, France, Economy, Italy, Austerity, Euro, Investors, Deficit, Greece, Wealth, Germany, Investment, Crisis, World Elections 2012, Business News
Gemma Godfrey

As French and Greek voters make their feeling about spending cuts loud and clear, we ask ourselves: why has there been such a strong swing to anti-austerity/pro-growth, how does this threaten the survival of the euro and is a Greek default still possible?

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World Stocks Drop As Worries Over Greece Intensify

AP | PAMELA SAMPSON | Posted 05.15.2012

Read More: European Monetary Union, Stock Markets, Greece Political Crisis 2012, Greece Crisis 2012, Greek Austerity, European Union, Greece Financial Crisis, World Markets, Greek Elections, Euro, Video, Business News

BANGKOK — Asian stock markets fell Tuesday, rattled by a political impasse in Greece that could lead the debt-stricken country to a disorderly a...

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Greek Parties Hit Political Stalemate, Euro Exit Fears Grow

Reuters | Posted 05.15.2012

Read More: Greece Crisis, Eurozone, Greece Elections, Greece Coalitiion Talks, Greek Elections 2012, European Union, Greece Political Crisis, Greek Austerity, Greece Financial Crisis, Euro, Video, Greece Election, Greece, Reuters, Imf, European Austerity, Europe, World News

By George Georgiopoulos and Karolina Tagaris ATHENS, May 14 (Reuters) - Greek leftists rejected a last-ditch proposal by the head of ...

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The Greek Opportunity for Europe

Peter Alexander Meyers | Posted 05.10.2012

Read More: Greece Leave Eurozone, Eurozone, Greece, Greece Debt, European Union, Greek Debt Crisis, Europe, Euro, World News
Peter Alexander Meyers

As Greek departure threatens to incite the vultures and to extinguish that dream, a tremendous leverage is linked to exit. In this moment that specific power accrues to the Greeks. Does that make it their best option?

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Europe's Post-Merkozy Gridlock

Rajan Menon | Posted 05.09.2012

Read More: Angela Merkel, European Debt Crisis, European Union, Europe Economy, Francois Hollande, Greece, Euro, Nicolas Sarkozy, Merkozy, World News
Rajan Menon

Germany can refuse to budge on austerity, but for how long if its remedies don't cure Europe's ailing economies?

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European Elections Complicate Outlook

Mohamed A. El-Erian | Posted 05.07.2012

Read More: French Elections, Mohamed El-Erian, Market Outlook, Global Economy, Unemployment, Politics and Government, Employment, Bailouts, Investment Strategy, Federal Reserve, European Union, Europe, European Central Bank, Euro, Austerity, Business News
Mohamed A. El-Erian

Europe's election results sound an alarm for European integration and, consequently, the wellbeing of both the region and the global economy. Let us hope that the inevitable short-term volatility is a precursor to a more decisive effort to deal with the continent's festering problems.

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Greece Is Better Off Outside the EU

Ilias Sourdis | Posted 05.01.2012

Read More: European Union, European Economic Crisis, Drachma, Greece Economy, Greece Austerity, Euro, World News
Ilias Sourdis

Prices quoted on the Greek drachma, together with the tax-free or reduced tax environment, will result to adding more value to the holiday's budget -- therefore making Greece very affordable and overwhelmed with tourists from every part of the world.

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Jon Ward

Europe's Growing Economic Woes Loom Over Race For White House

HuffingtonPost.com | Jon Ward | Posted 04.24.2012

Read More: Eurozone, France, Mitt Romney, Elections 2012, Spain, Barack Obama, Nicolas Sarkozy, Euro, French Election, Video, 2012 Election, Angela Merkel, Francois Hollande, Europe, Spanish Economy, Politics News

WASHINGTON -- The economic situation in Europe -- which many observers believe will have a significant impact on whether President Obama will be reele...

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