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Euro

Populist Death Wish for the Euro Would Plunge France into Depression

Jacques Attali | Posted 05.20.2014 | World
Jacques Attali

"The euro is to blame for everything. Without it, there would be no need for budgetary rigor and growth would return." This is surely the most absurd argument to arise from the nationalist and populist parties campaigning for the European Parliament elections.

European Union 2014: Another Chapter in the "Dis-integration" of the EU?

John Sydney Hopkins | Posted 05.16.2014 | World
John Sydney Hopkins

What has evolved over the last 20 or so years is a natural divergence between the fundamentally weaker and stronger economies, particularly since the onset of the global financial crisis five years ago.

Sleepless in Europe

Yanis Varoufakis | Posted 07.09.2014 | Politics
Yanis Varoufakis

If "sleep is for wimps," as Mrs. Thatcher said, and a form of inefficiency, Europe should today be the land of efficiency and heroic leadership. It is, of course, neither.

5 Things You Need to Know to Profit in Europe

Gemma Godfrey | Posted 06.28.2014 | Business
Gemma Godfrey

As an investor, misunderstandings and overreaction can offer some of the best opportunities to profit. Here, five widely held beliefs are challenged and attractive investment strategies revealed.

What Is Draghi Waiting For?

Pablo Zalba | Posted 06.16.2014 | World
Pablo Zalba

Since interest rates are already at record low, all expect the ECB to announce unconventional measures like the American style QE, which could increase inflation and give a small boost to the economy.

As Demand Improves, Time to Focus More on Supply

Olivier Blanchard | Posted 06.08.2014 | Business
Olivier Blanchard

The dynamics that were emerging at the time of the October 2013 World Economic Outlook are becoming more visible. Put simply, the recovery is strengthening.

The Jobs-Currency Connection in Greece

Dimitri B. Papadimitriou | Posted 05.25.2014 | Business
Dimitri B. Papadimitriou

Restoring domestic demand needs to be Greece's economic policy emphasis. Despite any downsides, a parallel currency that supports an employment guarantee program would be a U-turn towards rebuilding the population's purchasing power -- and rebuilding Greece's ravished economy.

Finally, the End of the Five-Year Armageddon Trade?

Terry Connelly | Posted 04.20.2014 | Business
Terry Connelly

Plenty of worry for the famous wall that markets often climb, but no Armageddon's on the horizon. Maybe we can get back to "normalcy" after all, even with increased market "volume" more to the upside.

Europe's Citizens No Longer Understand Where They Are Headed

Sylvie Goulard | Posted 04.19.2014 | World
Sylvie Goulard

Even if a lot has been done since the height of the euro crisis to clean up the economic and financial situation and to reform the governance of the euro, the status quo is untenable.

Euro Heretics: The Left Takes on the Euro

David Adler | Posted 02.18.2014 | Money
David Adler

The euro has happened. But is it a bad idea? Will it last? Despite the reality of the full-blown depressions in Southern Europe and pauperization of the middle and working classes there, European economists have not changed their tune.

The Plural of German is "Germen"

Jaime Pozuelo-Monfort | Posted 01.31.2014 | Business
Jaime Pozuelo-Monfort

The Germen are perfectly able to disseminate their euphoria and enthusiasm on top of their rigor and discipline. A New Europe shall then be born. Perhaps the "Pigs" can contribute with their creativity and improvisation which the Germen lack.

Madrid vs. Lisbon: Which Is Iberia's Top Pick?

Peter Mandel | Posted 01.23.2014 | Travel
Peter Mandel

Spain and Portugal are like fresh sangria and old port. They are different tastes. And while the Euro has helped to remake these countries in some similar ways, the two are like neighbors who roll their eyes at the shouts and spicy smells that drift from next door.

When Breaking News Is Only Headlines: Germany, the European Union and the U.S.

Edward Goldberg | Posted 11.25.2013 | Politics
Edward Goldberg

Of all this week's international news -- the horrors in Kenya, Rouhani at the UN, the negotiations over Syria -- it is what some might call 'the boring German election' that will have the greatest long-term impact on the interests of the United States.

Jean-Claude Juncker: "I Was Always Fearful"

The European Magazine | Posted 09.17.2013 | World
The European Magazine

"Today's youth no longer relates to the accounts of peace and war. They seem to have forgotten that peace on this continent can't be taken for granted. We must learn to constantly substantiate the idea of a common European home."

Europe's Ghosts Are Here to Stay

Carlos Carnicero Urabayen | Posted 07.21.2013 | World
Carlos Carnicero Urabayen

As the lack of trust and discontent continue growing, the citizens are turning their back on the traditional pro-European political parties and supporting others who are against the EU.

Even in Death, Giulio Andreotti Defeated Margaret Thatcher One Last Time

Federiga Bindi | Posted 07.07.2013 | World
Federiga Bindi

I believe Giulio Andreotti died with his characteristic grimacing smile stamped in the corner of his mouth. Indeed, the events of the past few weeks marked "his" last victories.

Debt Derangement

Dean Baker | Posted 07.06.2013 | Business
Dean Baker

Bob Kuttner has been among the country's most visible advocates of stimulus. His new book, Debtors' Prison: The Politics of Austerity versus Possibility is his latest shot at the austerity gang.

Eurozone Unemployment Reaches Record High

AP | PAN PYLAS | Posted 06.02.2013 | Business

LONDON — The eurozone economy has passed another bleak milestone. Official figures Tuesday showed that unemployment across the 17 European Unio...

The Crisis Isn't Just in Cyprus

Terry Savage | Posted 05.27.2013 | World
Terry Savage

Could it happen here? It's unlikely that in America you'd see that kind of outright grab on the part of the government, for any reason, (unless you think back to the gold confiscation of the 1930s). And in America, we're very aware of our deposit insurance limitations.

3 Ways Cyprus Is a 'Game Changer' for Europe

Gemma Godfrey | Posted 05.27.2013 | Business
Gemma Godfrey

With the Fed likely to remain accommodative, bullish market sentiment may continue to overshadow concerns elsewhere. However, Cyprus has highlighted that we're far from an end to the crisis.

Euro Nears 4-Month Low

Reuters | Sophie Knight and Hideyuki Sano | Posted 03.27.2013 | Business

* Euro still smarting from 'Cyprus model' suspicions * Little sign of contagion to Italy, Spain * Yen under pressure ahead of April 3-4 BOJ meet...

Germany: Europe's Greedy Boss

Justine Frangouli-Argyris | Posted 05.26.2013 | World
Justine Frangouli-Argyris

With their southern partners' economies collapse resulting in these nations being unable to purchase many imported goods, Germany has decided to pursue the only assets left to be had, namely the funds remaining in their banks.

Be Bullish! Bernanke Has Spoken!

Michael Farr | Posted 03.22.2013 | Business
Michael Farr

On the heel of Cypriot bank-deposit delirium, we suspect that the U.S. central bankers had more than enough concern to hold firm to the seemingly limitless flow of monetary easing.

Spread: A Catholic Sin

Massimo Franco | Posted 05.19.2013 | Books
Massimo Franco

It might be hard to grasp if you live on the Mediterranean shores of Europe, but the Northern countries of the continent consider the southern countries' debts and high levels of spread Catholic sins.

Implications of Europe's Stumble in Cyprus

Daniel Wagner | Posted 05.19.2013 | Business
Daniel Wagner

Cyprus has, for the first time, demonstrated there is in fact a limit to what northern European countries will do to preserve the illusion that Euro land can remain a cohesive and equal entity.