iOS app Android app

Euro Debt

Europe's Economic Crisis Now Moves Towards Political Crisis

Frank Vogl | Posted 06.04.2013 | Home
Frank Vogl

Depositors in all economies in difficulty in Europe should now beware. It is in these countries, which already are in a deep economic slump where the political situation now seems most fraught.

The Cure for Europe: A Public Option for Money and a Public Bank

Scott Baker | Posted 01.27.2013 | Home
Scott Baker

Europe is a different case from other countries, since they have nothing close to monetary sovereignty, and they are completely reliant on an international, stateless European Central Bank, that is, for now, mostly controlled by Germany.

The European Debt Crisis: An Alternative Solution

Aris Protopapadakis | Posted 09.17.2012 | Home
Aris Protopapadakis

Greece, Ireland, Italy, Portugal and Spain are becoming increasingly uncompetitive economically relative to Germany. A higher average inflation rate in Germany can help reverse this slide.

Greece, Germany and the Eurozone Sovereign Debt Crisis

Sheldon Filger | Posted 04.17.2012 | Home
Sheldon Filger

The concept that a common currency can be used by 16 nations with vastly different economic and fiscal policies was sheer folly. The current Eurozone debt crisis is not only an acute economic and debt crisis. It is also political farce, with a heavy dose of irony.

Seasoned Greetings: It's Another Ho-Ho-Horowitz Christmas!

Rick Horowitz | Posted 02.15.2012 | Home
Rick Horowitz

Tough times? Try some tunes! We've got political carols! Financial carols! Scandal carols! Carols from the world of sports! Yes indeedy, friends -- it's a holiday miracle!


Jeff Danziger | Posted 01.04.2012 | Home
Jeff Danziger


Greece Now Has The Lowest Credit Rating In The World, S&P Says

Posted 08.13.2011 | Home

NEW YORK (Walter Brandimarte) - Greece on Monday became the country with the lowest credit rating in the world after Standard & Poor's downgraded it b...

How Likely Is Default In Europe?

New York Times | Simon Johnson | Posted 05.25.2011 | Home

The big question of the week in Europe is deceptively simple -- will any countries that share the euro as their currency default on their government o...

Geithner: European Reforms Would Harm U.S. Interests

The Huffington Post | Grace Kiser | Posted 05.25.2011 | Home

Treasury Secretary Tim Geithner has cautioned the European Commission about its latest attempts at financial regulation, warning that American banks, ...

Europe's Is Doomed To Crisis After Crisis After Crisis | Gregory White and Gus Lubin | Posted 05.25.2011 | Home

What's the real reason Greece is in so much trouble? Old people. The country has a massively generous pension system that's breaking the government...

Federal Pay Cut Is 'Only Way' To Conquer Deficit: Forbes | Brian S. Wesbury and Robert Stein | Posted 05.25.2011 | Home

If the United States were a large company, Brian Wesbury and Robert Stein write, "the solution would be a no-brainer: It would be time for a big pay c...

Greek Debt Crisis: Why It Could Be A Good Thing For Europe

Reuters | Brian Love | Posted 05.25.2011 | Home

PARIS (Reuters) - Greece's debt crisis may end up helping Europe in the long run if it pressures governments to start addressing the potentially colos...

Naked Credit Default Swaps Need To Be Banned: Wolfgang Munchau

Wolfgang Munchau | Posted 05.25.2011 | Home

I generally do not like to propose bans. But I cannot understand why we are still allowing the trade in credit default swaps without ownership of the ...

James Galbraith: Jobs, Not Deficit Reduction, Is Policy Focus | James K. Galbraith | Posted 05.25.2011 | Home

"Growth," James Galbraith writes in The Guardian, "is not assured; it cannot be assumed; and it is not even the highest priority." Instead, he says, "...

Greek Stocks Down 3.9% In 'A Wholesale Selling Off Of The Country' | ALKMAN GRANITSAS | Posted 05.25.2011 | Home

The Athens Stock Exchange's general index closed 3.9% lower at 1806.40 on relatively heavy turnover, while major markets firmed. Investors also demand...