When Argentine president Cristina Kirchner nationalized the Spanish-owned YPF oil company this past April, Washington Post correspondent Juan Forero proclaimed her “the standard-bearer of populist nationalism in Latin... more ››
Even if Germany were willing to sign up to pooled assets and joint tax collection, the old U.S. adage “no taxation without representation” applies in Europe, too. A body that could raise taxes across the euro area... more ››
The International Monetary Fund believes that the only way to reduce Greek debt to a sustainable level is by way of a debt haircut involving the country's government creditors. But with an election approaching, Germany has... more ››
European elites look straight past the reality looming before them. After the Greek parliament passed a 2013 budget that promises to keep the deficit under 5.2 percent of GDP next year, there has been no shortage of praise for... more ››
The Greek economy has been tanking for years now as the country struggles to balance its budget by imposing deep austerity measures. But the country's richest residents haven't noticed. Many aren't taxed at all, and some of those... more ››