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The Euro

Yes, Washington: Accepting American Exceptionalism

John K. Herr | Posted 07.06.2016 | Politics
John K. Herr

Alas! how dreary would be the world if America were not exceptional. It would be as dreary as if there were no Washingtons. There would be no torch of liberty, no shining city on a hill, no Channing Tatum.

Monetary Union Works Because Europe Is Already Integrated

Mario Draghi | Posted 03.10.2015 | World
Mario Draghi

There is a common misconception that the euro area is a monetary union without a political union. But this reflects a deep misunderstanding of what monetary union means. Monetary union is possible only because of the substantial integration already achieved among European Union countries -- and sharing a single currency deepens that integration. If European monetary union has proved more resilient than many thought, it is only because those who doubted it misjudged this political dimension.

The Euro Will Not Collapse, Neither Will Greece Exit the Euro

Georges Ugeux | Posted 02.12.2013 | Business
Georges Ugeux

The road-map is there. The road remains arduous, full of ambushes and challenging. During that journey, the Euro will remain as the anchor of European economic integration and Greece will be part of the trip.

More, Not Less, Financial Integration Needed in Europe

Antonio Borges | Posted 07.12.2011 | Business
Antonio Borges

Banks -- and the loans they provided in the run-up to the crisis -- are at the heart of Europe's problems today. Policies to promote deeper integration of Europe's banks should be part of the solution.

Euro May Not Exist In 10 Years, Says Author John Gray

The Guardian | John Harris | Posted 05.25.2011 | Books

It was John Gray's turn at the Guardian Hay festival yesterday. He was here to re-plug last year's anthology Gray's Anatomy, though he inevitably did ...

Eurozone Crisis Worsens Sharply

Baseline Scenario | Simon Johnson | Posted 05.25.2011 | Business

The big news is France. With sentiment worsening across Europe, France has lost its relative safe haven status - credit default swap spreads on Frenc...