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As Another Economic Crisis Approaches, Greece and Euro Should Consider a Divorce

Doug Bandow | Posted 01.21.2017 | World
Doug Bandow

ATHENS, GREECE--Constitution Square has been uncommonly quiet. When looking at the parliament building from my hotel window last month all I could see...

The Euro May Already Be Lost

Tuomas Malinen | Posted 02.15.2017 | Business
Tuomas Malinen

This entry has been co-written with Dr. Heikki Koskenkylä and Dr. Peter Nyberg. The 1st of January 2017 marked the 18th anniversary of the European c...

As Liberal Europe Withers, Whither the European Union?

Doug Bandow | Posted 01.06.2017 | World
Doug Bandow

It wasn't long ago that Germany's Angela Merkel was anointed as the last defender of liberal Western values. She was even expected to hold America's D...

Truth Upside Down

Peter Doyle | Posted 12.15.2016 | World
Peter Doyle

The IMF says 1/ it favors a target for the primary surplus of 1.5 percent of GDP for Greece for 2018 and beyond. Claims to the contrary have the trut...

French PM: Europe At Risk Of Collapse; France, Germany Must Lead

Reuters | Annum Masroor | Posted 11.17.2016 | World

BERLIN, Nov 17 (Reuters) - The European Union is in danger of breaking apart unless France and Germany, in particular, work harder to stimulate growth...

Nobel Prize Winner Says Euro Was Flawed From The Start

The Huffington Post | Kara Ramonetti | Posted 08.19.2016 | HuffPost Live 321

...

Among The Thugs Again: The Nasty Ghost Of Hooliganism

Chris Fici | Posted 07.11.2016 | Sports
Chris Fici

Among the Thugs is also a deeply religious book, for it reveals to us what happens when devotion becomes the motivation and mechanism of violence. Devotion curdling into violence is a virus which continues to infect our bodies of faith.

Bill Gates Could Fund Huge XPrize To End Austerity in Europe

Dean Baker | Posted 07.05.2016 | Business
Dean Baker

Unfortunately that's not true. After all, we don't expect our multi-billionaire types to be that innovative. But if Gates really did want to help the world, it's hard to envision a better use of $1 billion or so of his money than to post this sort of prize, especially at a time when needless austerity is threatening the survival of the European Union.

Will Ireland Reunify After Brexit?

Chris Weigant | Posted 06.29.2016 | Politics
Chris Weigant

What will Northern Ireland do? Because if Scotland bolts, Ireland may actually unite once again as well. I have no idea what the chances of this actually happening really are, but the least you can say is that the chances would certainly be higher if Scotland does decide to go its own way.

The Role of England in the British Debacle

Llewellyn King | Posted 06.27.2016 | World
Llewellyn King

It was never about Great Britain; it was always at its kernel about England. There was always a primal, nativist, historically-seated English antipathy to Europe and by extension to the European project.

Ban the $100 Bill to Thwart Terrorists and Despots?

Russ Warner | Posted 06.27.2016 | Politics
Russ Warner

Large denomination bills help facilitate the transfer and concealment of sizable amounts of money. Much of this illicit money can be stored offshore in international banks where it can be kept secure and hidden from the law.

Brexit Damage Control

Peter Doyle | Posted 06.27.2016 | World
Peter Doyle

There is no putting Humpty back. After last week's vote, threat by referenda is the order of the day for the Euro and the EU--with calls in France,...

Brexit: Consequences And Significance

Joseph V. Micallef | Posted 06.24.2016 | World
Joseph V. Micallef

The Brexit vote does not herald the possible beginning of a EU breakup, not by any means. It does mean, however, ... that both Great Britain, and the EU specifically and the global economy in general, are in for a period of prolonged uncertainty and instability that will not be resolved anytime soon.

Should I Stay Or Should I Go? Brexit, Extortion And The Path To Reform

Mark Weisbrot | Posted 06.21.2016 | World
Mark Weisbrot

There is a Mafia-like quality to the threats emanating from EU officials, who are acknowledged to be contemplating how much punishment they can mete out to the UK if the people should dare to vote the wrong way.

If Grexit Meets Brexit

Lyric Hughes Hale | Posted 06.13.2016 | HuffPost Home
Lyric Hughes Hale

Was the entire Greek debacle the result of greedy French and German bankers who made risky loans, who were then rescued by politicians?

Europe's Next Financial Crisis

Joseph V. Micallef | Posted 06.06.2016 | World
Joseph V. Micallef

A new financial crisis is brewing in Europe, one that will prove as devastating as the last economic crisis. This one will also be centered in southern Europe--only this time, instead of the sovereign debt of the region's governments, it will involve the commercial banking sector.

Granny Shreds Million-Dollar Fortune To Spite Family, Prosecutors Say

The Huffington Post | Whitney Meers | Posted 11.06.2015 | Weird News

An Austrian woman shredded her 950,ooo euro ($1.02 million) fortune in spite because she didn't want her family to have it, AFP reports. According to...

Eurozone Crisis: Anti-Austerity Bloc Wins Majority, Blocked From Power

The Telegraph | Annum Masroor | Posted 10.23.2015 | World

Portugal has entered dangerous political waters. For the first time since the creation of Europe’s monetary union, a member state has taken the expl...

Draghi Fever Thursday - Are You Fed Up with the BS Yet?

Phil Davis | Posted 10.22.2016 | Business
Phil Davis

I've got Draghi fever, she's got Draghi feverWe've got Draghi fever, we're in debtShe's gone Dollar crazy, I've gone Euro hazy Are we still taking...

The Dollar, Jobs and Interest Rates

Luis Ubiñas | Posted 10.06.2016 | Business
Luis Ubiñas

The Federal Reserve did not raise interest rates last month as many expected. Their reasons were understandable: one in 10 Americans remains unemployed, underemployed or so discouraged that they have fallen out of the labor force; and inflation remains consistently near zero.

Third Election In A Year Will Cost Greece Millions

The Huffington Post | Eline Gordts | Posted 01.11.2017 | World

This Sunday’s elections in Greece will cost the cash-strapped nation an estimated 33.2 million euros, or almost $37.5 million, the country’s inter...

Joseph Stiglitz: How "Deep-Seatedly Wrong" Economic Thinking Is Killing Greece

Lynn Parramore | Posted 08.21.2016 | World
Lynn Parramore

The insistence on keeping wages down, stripping away bargaining power from workers, forcing small business owners to pay taxes a year in advance, and cutting pensions will only hamper demand and lead to a deepening spiral of debt.

After Greece: Saving EMU

Stephen G. Cecchetti | Posted 08.06.2016 | Business
Stephen G. Cecchetti

Euro-area leaders announced yet another agreement with Greece in mid-July. However, the survival of the euro area has never been about the fate of Greece. Instead, it is whether the Europeans will implement the reforms necessary to keep the euro area together.

Western Sanctions - Russia's Transition

Elena Ulansky | Posted 08.04.2016 | World
Elena Ulansky

During the first six months of 2015 the dollar versus the Russian currency market has decreased by 0.8%, the euro was down 9.8%. In the second quarter the dollar fell by 3%, the euro rose by 0.5%.

Greece -- Give It a Chance

Joergen Oerstroem Moeller | Posted 08.02.2016 | World
Joergen Oerstroem Moeller

Hardly was the ink dry after the agreement July 17 between Greece and its creditors before columnists, commentators, economists and politicians jumped to far reaching conclusions: Greece would never make it. But often overlooked is the plain fact that the destiny of nations rests with the people -- Greece is no exception.