Ecb

The End Of The Euro: A Survivor's Guide

Simon Johnson | Posted 05.27.2012

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.

Major Partner Cuts Off Operations With Some Greek Banks

Reuters | Posted 05.17.2012

FRANKFURT, May 16 (Reuters) - The European Central Bank has stopped monetary policy operations with some Greek banks as they have not been successfu...

The View From the Rooftops

Mitch Feierstein | Posted 05.07.2012

Mitch Feierstein

Shareholders need to take a hit. That way, the ground will be cleared for better managed companies and stockholders will be reminded about the responsibilities of ownership. And central bankers should take responsibility too.

Eurozone Austerity Faces Increasing Political Challenges as Economy Worsens

Mark Weisbrot | Posted 04.30.2012

Mark Weisbrot

It is only the political will that is lacking. In the meantime, the opposition of ordinary Europeans throughout the eurozone will be all that stands between the European authorities and a worsening economic mess.

Decoupling Myth Destroyed

Michael Pento | Posted 04.24.2012

Michael Pento

Downward pressure on the U.S. economy is already becoming apparent. Data on home sales, industrial production, jobless claims and regional manufacturing surveys have all recently disappointed.

How Europe Could Sink Obama

Robert Kuttner | Posted 04.23.2012

Robert Kuttner

Should Socialist Francois Hollande be elected president of France in the runoff election on May 6, that will help create an antidote to the austerity politics that are dominating Europe.

Why The Euro Doesn't Make Sense & Isn't Worth Saving

The Atlantic | MATTHEW O'BRIEN | Posted 04.22.2012

Pop quiz, hotshot. You're the prime minister of Spain. It's 2005. Unemployment is at a two-decades low. Housing prices are booming. You're worried tha...

What Causes Interest Rates to Rise

Michael Pento | Posted 04.03.2012

Michael Pento

However, in contrast to what passes for the economic wisdom of today, an increase in the rate of sovereign bond yields would be a function of deterioration in their credit, currency and inflation risks. But it would never be because of an increase in the prospects for growth.

Justice Department Crashes Apple's Party

The Huffington Post | Mark Gongloff | Posted 03.08.2012

You may meet five people in heaven, but until that time, you'll need to know seven and a half things each day. Here they are: Thing One: Apple Put ...

2012: The Year Europe May Prove Politics and Economics Are the Same -- and Broken

Joe Trippi | Posted 03.01.2012

Joe Trippi

As the end of 2011 neared, I looked at the Eurocrisis from a political perspective and concluded that the political system is incapable of solving the problem and probably will fail to do so. The markets will, sooner or later, figure this out.

European Banks Take Shelter

The Huffington Post | Bonnie Kavoussi | Posted 12.30.2011

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

ECB Official Hints At More Help If Economy Worsens

Posted 12.24.2011

MILAN (Reuters) - European Central Bank Governing Council Member Ignazio Visco said in a newspaper interview on Saturday that the bank will be att...

Privatizing Money

Alan Grayson | Posted 02.21.2012

Alan Grayson

Yesterday the European Central Bank announced that it will hand out $645 billion in three-year loans to European banks. Why would anyone think that the thing we have to do right now is hand out $645 billion in more funny money to the banks?

Bonnie Kavoussi

Crunch Time: Bank Downgrade, Credit Squeeze Signal Possible Return To 2008

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.15.2011

The situation in Europe is hitting global credit markets, making it harder for companies and banks to secure loans. Investors are buying fewer corpora...

Brooklyn Street Art Presents: Best Images Of 2011

Jaime Rojo & Steven Harrington | Posted 02.10.2012

Jaime Rojo & Steven Harrington

It's been an excellent year for street art all over the world and we've had the pleasure of seeing a lot of great stuff from both big names and anonym...

European Crisis: Pressure For More ECB Action After Summit Falls Short

Posted 12.14.2011

PARIS/FRANKFURT (Paul Taylor and Paul Carrel) - Pressure mounted on Wednesday for the European Central Bank to intervene more decisively after fin...

Optimism for the Euro and Europe: The Win-Win Situation

Vivian Norris | Posted 02.11.2012

Vivian Norris

The United States, and in fact, the rest of the world, especially the fear-driven crisis-mongering media and markets, could learn a few things by slowing down, realizing it takes time to build healthy economies, especially such a new one as the European Union.

Bonnie Kavoussi

New European Treaty Won't Solve Immediate Crisis

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.09.2011

The agreement European leaders reached Thursday night was taken by some as a sign that the eurozone would avoid breakup. Not so fast. Economists, poli...

LIVE UPDATES: Europe Secures Historic Agreement For Deeper Integration

Posted 12.09.2011

BRUSSELS (Luke Baker and Mark John) - Europe secured an historic agreement to draft a new treaty for deeper economic integration in the euro zone ...

Why the EU Won't Fix Anything This Weekend

Warren Mosler | Posted 02.08.2012

Warren Mosler

While the Germans aren't entirely wrong in their belief that lower deficits would restore funding capacity, I don't think they recognize that as currency users debt to GDP ratios may need to be under 30 percent to get to that point.

European Central Bank And The Sovereign Debt Crisis

Sheldon Filger | Posted 01.22.2012

Sheldon Filger

If the European Central Bank follows in the footsteps of Bernanke, I don't see how the results will be any different for the Europeans. Printing money may sound attractive to the desperate, but it is at best a short-term panacea.

IMF Playing Larger Role In Addressing Europe Debt Crisis

Posted 11.20.2011

WASHINGTON (Lesley Wroughton) - The International Monetary Fund is inserting itself more forcefully into Europe's efforts to resolve its debt cris...

We Must All Now Be Avid ECB Watchers

Mohamed A. El-Erian | Posted 01.19.2012

Mohamed A. El-Erian

Not surprisingly, signals of market stress are increasing, with a growing number of measures now flashing yellow and some on the verge of flashing red. The longer this persists, the greater the risk of very large market moves.

ECB Could Provide IMF With Sufficient Resources For Euro Zone Rescue

Posted 11.17.2011

BRUSSELS/PARIS (Jan Strupczewski and Daniel Flynn) - Euro zone and International Monetary Fund officials have discussed the idea of the European C...

Bonnie Kavoussi

Higher Interest Rates For Strong European Countries Troubling

HuffingtonPost.com | Bonnie Kavoussi | Posted 11.16.2011

The contagion of higher borrowing costs in Europe continued to spread on Wednesday, reaching even some of continent's strongest economies, raising nat...