European Economy

Jump Ball!

Mark R. Kennedy | Posted 05.19.2012

Read More: Presidential Campaign, Mitt Romney, European Economy, Barack Obama, 2012 Presidential Election, 2012 Election, Election 2012, Romney 2012, Presidential Election 2012, Obama 2012, Politics News

With the primary season fading from memory, the first skirmishes of the general election are just beginning. At this point, it's too close to call.

Read Post

Barter, Food, and Recession in Italy

Fabio Parasecoli | Posted 05.02.2012

Read More: Italian Food, Food Traditions, Sheep, Sardinia, Mediterranean Diet, European Economy, Economic Crisis, Italian Economy, Italy, Food News

Many Italians might be forced to go back to the Mediterranean diet that their parents and grandparents were relieved to abandon during the decades of economic growth. It's unclear how these developments will affect the local food culture.

Read Post

Eurozone Unemployment Hits Record High

AP | PAN PYLAS | Posted 05.02.2012

Read More: Video, Europe Unemployment Rate, European Economy, Europe Economy, Europe Austerity, Europe Unemployment, Eurozone Unemployment, European Austerity, Austerity, Business News

LONDON — The 17 countries that use the euro are facing the highest unemployment rates in the history of the currency as recession once again spr...

Read Whole Story

Are Money Market Rates Poised for a Comeback?

Richard Barrington | Posted 04.10.2012

Read More: Inflation, Economy, Oil, Federal Reserve, Personal Finance, Money Market Rates, Treasury Bond Yields, Consumer Price Index, Recession, Chinese Economy, European Recession, European Economy, Business News

Is your money market account stuck in a rut? If so, you're not alone. Money market rates have been locked into a long and steady descent for a few years now. Finally, though, there are signs that this could change in the months ahead.

Read Post

A Sermonette on Prediction and Its Discontents

Robert Teitelman | Posted 05.29.2012

Read More: Oxford University, Financial TImes, Stein Ringen, Angela Merkel, Greek Economy, Eurozone, European Economy, Exchange Rate, Economics Critique, Euro Value, Economic Critique, Greek Deb Crisis, Financial Times Critique, Business News

In the Financial Times, Stein Ringen, a professor of sociology at Oxford, takes a lash to forecasting-happy economists, this time over the eurozone. The column provides a lesson in how difficult it is to resist the allure of prediction and the appeal of the simple dichotomy.

Read Post

Obama: Boosting European Growth Is Important 'To Our Economy Back Here'

Reuters | Posted 04.11.2012

Read More: European Debt Crisis, U.S. Economy, Video, Europe Economy, European Economy, Eurozone Crisis, Obama Europe, Reuters, Business News, Euro Crisis, Business News

WASHINGTON, Feb 9 (Reuters) - President Barack Obama assured Italian Prime Minister Mario Monti on Thursday that the United States w...

Read Whole Story

The Hate-Europe Movement Hits a Snag

Steve Kettmann | Posted 03.21.2012

Read More: Euro Zone, Standard & Poor's, Euro, Ratings Agencies, Euro Zone Crisis, Moody's, European Economy, Business News

No one should underestimate the severity of the crisis gripping the Euro zone. But press speculation on the euro's demise -- often with the tone that it was about to happen -- any second! -- has been more about media fashion than understanding of Europe.

Read Post

Romney and His European Straw Dog

Edward Goldberg | Posted 03.13.2012

Read More: Greece Euro Crisis, Eurozone, European Economy, Greece Debt Crisis, Euro Crisis, Euro Economy, European Union, Eurozone Debt Crisis, Eurozone Debt, Mitt Romney Europe, Mitt Romney, Romney Europe, Mitt Romney 2012, Business News

For the Romney campaign, Europe has taken over from China as the punching boy that represents the foreign other. In reality, to say or suggest that Europe has nothing to do with the American economy or American job growth is to live in pre-globalized fantasy land.

Read Post

Italian Prime Minister: No Nation Can Fight Debt Crisis Alone

AP | By FRANCES D'EMILIO | Posted 01.07.2012

Read More: Mario Monti, European Debt Crisis, Video, Eurozone, Italian Prime Minister Mario Monti, European Economy, Eurozone Crisis, Italian Debt Crisis, European Union, Italy, Italian Economy, Business News

ROME -- No European nation is strong enough to ride out the continent's debt crisis alone, Italy's new premier insisted Saturday, urging fellow EU mem...

Read Whole Story

Latest Eurozone Data 'Has Recession Written All Over It'

The Huffington Post | Bonnie Kavoussi | Posted 01.06.2012

Read More: European Debt Crisis, Video, Eurozone, European Economy, Retail Sales, Eurozone Crisis, European Union, Eurozone Debt Crisis, European Economic Sentiment, Europe, European Retail Sales, Business News

The number of unemployed people in the eurozone reached its highest level since the creation of the euro in 1999, according to The Financial Times, st...

Read Whole Story

European Banks Take Shelter

The Huffington Post | Bonnie Kavoussi | Posted 12.30.2011

Read More: European Debt Crisis, Ecb Overnight Deposit Facility, European Banks, Video, Eurozone, Ecb, European Economy, European Union, Eurozone Debt Crisis, Europe, European Central Bank, Business News

Despite their job description, European banks are shying away from lending, and it may be hurting the European economy. European banks parked a nea...

Read Whole Story

Not Even Close...

Tom Cooley | Posted 02.20.2012

Read More: Merkozy, European Union, Europe, Eurozone, European Economy, European Central Bank, Euro, Business News

Over the long term, governments must commit to credible non-discretionary rules of fiscal and financial behavior. Last week's agreement is just a start.

Read Post

Borrowing Costs For Spain Rise, As European Crisis Grows

HuffingtonPost.com | Bonnie Kavoussi | Posted 11.18.2011

Read More: European Debt Crisis, Video, European Economy, Spanish Debt Crisis, Europe Crisis, Spain Debt, Economy, Spain, Spain Debt Crisis, Europe, Business News

As the eurozone crisis drags on, calls are growing louder for a big bailout from the European Central Bank. Yet the fate of the euro -- and possibly t...

Read Whole Story

Which States Would Be Hardest Hit By Europe?

HuffingtonPost.com | Bonnie Kavoussi | Posted 11.14.2011

Read More: European Debt Crisis, Virginia, U.S. Exports, Video, European Economy, Europe Crisis, Europe Debt Crisis, Wells Fargo, South Carolina, Exports, Exports to Europe, Sovereign Debt Crisis, Utah, Business News

As fears grow that Europe will slip into a recession amid growing financial problems, some U.S. states are more at risk of feeling the repercussions o...

Read Whole Story

Europe Struggles To Expand Bailout Fund

HuffingtonPost.com | Bonnie Kavoussi | Posted 01.11.2012

Read More: European Debt Crisis, European Sovereign Debt Crisis, Sovereign Debt, Video, European Economy, European Financial Stability Facility, European Union, European Financial Stability Fund, European Central Bank, European Bailout, Sovereign Debt Crisis, Business News

Two weeks after European leaders trumpeted an agreement to expand a bailout fund they said would finally become large enough to prevent major countrie...

Read Whole Story

Gloomy Forecast: IMF Cuts Estimate For U.S. Growth

AP | Posted 11.20.2011

Read More: Christine Lagarde, Business News, US Economy, US Economic Crisis, US Economic Growth, Imf, European Economy, Gloomy-European-Economy, Business News

WASHINGTON — The International Monetary Fund is sharply downgrading its outlook for the U.S. economy through 2012 because of weak growth and con...

Read Whole Story

Can China Save Europe?

Tom Devonshire | Posted 11.19.2011

Read More: IMF Bailout, European Debt Crisis, Greece Debt, European Economy, Greece Bailout, European Economic Crisis, China Europe Debt Deal, China, Italy Debt, China Europe Bailout, Business News

The Chinese could quite easily sort out Europe in one fell swoop. Why would China get involved in Europe's mess though? In short, it is not in China's interest for Europe to fail.

Read Post

Endgame for the Euro

Dimitri B. Papadimitriou | Posted 11.18.2011

Read More: Angela Merkel, European Union, Eurozone, European Economy, Europe, Europe Debt Crisis, Nicolas Sarkozy, Euro, World News

It's certainly not too early to ask: What would a post-euro Europe look like... and what are the alternatives?

Read Post

Time for a Smaller and Stronger Eurozone

Mohamed A. El-Erian | Posted 11.17.2011

Read More: European Central Bank, European Debt, Eurozone Debt Crisis, Eurozone, European Debt Crisis, European Economy, Europe, World News

The time has come for the eurozone -- Germany and France in particular, but also Austria, Finland and the Netherlands -- to decide how they would like European integration to evolve; and they need to do so quickly.

Read Post

Gold Prices Continue To Rise On Europe Economy Fears

AP | SANDY SHORE | Posted 10.16.2011

Read More: European Debt Crisis, Gold Prices, Eurozone, Commodities, European Economy, Wheat, Copper, Germany, France, Corn, Oil, Soybeans, Platinum, Video, Business News

Gold prices moved higher Tuesday as concerns deepened about the slowing European economy. Economic growth in Germany and France barely budged in the ...

Read Whole Story

Notes of an Ex-Pat 1: View From the Bridge

W. Hunter Roberts | Posted 11.17.2011

Read More: American Culture, European Economy, European Culture, Ex-Pat, Fidesz, Financial Collapse, Rudeness, Lunar Eclipse Winter Solstice, Civility, Healthy Living News

From my window I see sheets of ice floating down the Danube. It's mid-winter, and I am finally here in Budapest. Last week I went with a Hungarian law...

Read Post

EU Set A Secret Group To Save The Euro

The Wall Street Journal | By MARCUS WALKER, CHARLES FORELLE and BRIAN BLACKSTONE | Posted 05.25.2011

Read More: Secret Eu Committee, French Foreign Minister Christine Lagarde, European Recession, European Economy, Secret EU Group, EU Economy, Christine Lagarde, World News

Two months after Lehman Brothers collapsed in the fall of 2008, a small group of European leaders set up a secret task force--one so secret that they ...

Read Whole Story

Bankers Agree To New Global Rules Designed To Prevent Future Financial Crisis

AP | GREG KELLER | Posted 05.25.2011

Read More: Financial Crisis, European Central Bank, Bank Regulation, Economy, European Economy, Global Economy, Global Economic Crisis, Business News

BASEL, Switzerland — Banks will have to significantly increase their capital reserves under rules endorsed Sunday by the world's major central b...

Read Whole Story

Can Europe Save Itself?

New York Times | Peter Boone and Simon Johnson | Posted 05.25.2011

Read More: Greece Debt, European Economy, Greek Debt Crisis, International Monetary Fund, European Central Bank, Greece Economy, Business News

When Jean-Claude Trichet (head of the European Central Bank) and Dominique Strauss-Kahn (head of the International Monetary Fund) rushed to Berlin thi...

Read Whole Story

Fundamental Changes In European Financial Markets

The Baseline Scenario | Simon Johnson | Posted 05.25.2011

Read More: Europe, European Economy, Eurozone, Euro, Greek Financial Crisis, Eu, Greece, FInancial Markets, Business News

Most days we can coast along, confident that tomorrow will be much like yesterday. On a very few days we need to look hard at the news headlines, cli...

Read Whole Story