May 5, 2011

Portugal Surrenders to the Lenders

Financial Times, Financial Times

AP Photo

When Portugal was frogmarched to the European financial stability facility by the country’s banks – which on a cue from the European Central Bank threatened not to buy Lisbon’s bonds – it was an opportunity to use the current election campaign to forge a national consensus behind painful but...

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TAGGED: Eurozone, Portugal


May 15, 2012
Germany: Watching on the Rhine
The Guardian
Elections in the German state of North Rhine-Westphalia always carry special political resonance for Germany. more ››
There are many things Alexis Tsipras likes about Germany. The leader of Greece's Coalition of the Radical Left (Syriza) party drives his BMW motorcycle to work at the Greek parliament in the morning, Germany's über-leftist... more ››
May 14, 2012
Everyone's Bluffing, Including the Greeks
Matthew Yglesias, Moneybox
Is a Greek departure from the Eurozone imminent? The smart set in the world media seems to have decided overnight that it is, but I'm not so sure. more ››
May 15, 2012
France's Gaullist Foreign Policy
George Friedman, Stratfor
Although Sarkozy went as a committed ally of Germany, Hollande will not necessarily be predisposed to German solutions for Europe's problems. This is somewhat startling in post-Cold War Franco-German relations, but it is very... more ››