Eurozone Crisis

Europe's Single Currency in Peril

Some recent commentaries would at times lead one to believe that our public finances problem has almost been resolved. And that with renewed significant growth the severe unemploym...(full article)

The Chancellery in Berlin has demanded that EU countries in crisis undertake far-reaching structural reforms coupled with biting austerity programs. Paris, meanwhile, has been the ...(full article)

European Central Bank President Mario Draghi had primed his audience before today's monetary-policy announcements. In recent comments, he'd led investors to expect new me...(full article)

Francois Hollande, the president of France since 2012, coulda been a contender. He was elected on a promise to turn away from the austerity policies that killed Europe’s brie...(full article)

On Monday night, French President François Hollande stood outside Paris City Hall after what might euphemistically be called a very long day at the office. Hours earlier, he...(full article)

Most Recent Articles

The Eurozone: That Sinking Feeling (Again) - The Economist

JUST a few months ago the euro zone’s leaders believed that, having weathered the storm, they were set fair at last. Buoyed by the promise of Mario Draghi, the president of t...

France & Friends Letting Germany Conquer Europe - Milton Ezrati, TNI

Without fundamental fiscal reform, the economies of the European periphery will be weak and increasingly subject to Teutonic domination....

A Belated Day of Reckoning for France - Jonathan Fenby, Financial Times

After two years of compromise, France’s President Normal has met his moment of truth. The stand-off between François Hollande, the Socialist head of state, and the leftwing of h...

British Voters Should Take a Look Across the Channel - Daily Telegraph

Anyone thinking of voting Labour in next year’s general election in the hope of seeing Ed Miliband in No 10 need only look across the Channel to be disabused of such foolhard...

Will Italy Wreak Economic Havoc on Europe? - Milton Ezrati, Nat'l Interest

The Eurozone's economic nightmare drags on -- and Rome could make it even worse....

Italy's Downward Spiral - Hans-Werner Sinn, Project Syndicate

Italy is now in a triple-dip recession. But it didn’t get there by itself. Yes, the economy’s long slide reflects Italian leaders’ failure to confront the country...

Europe's Malaise: The New Normal? - George Friedman, Stratfor

Russia and Ukraine continue to confront each other along their border. Iraq has splintered, leading to unabated internal warfare. And the situation in Gaza remains dire. These even...

Europe's Recurring Malaise - New York Times

No one should be surprised that the economy of the eurozone is once more going in reverse. This is an entirely predictable outcome of the misguided policies that European leaders s...

Continental Drift Could Scupper Euro Recovery - Daily Telegraph

All of a sudden, the euro crisis is back, though in truth it never really went away. The latest economic figures from the eurozone make bleak reading. Germany, the continent’s bi...

France Is Now the Eurozone's Weakest Link - Alister Heath, Telegraph

It is hard to exaggerate the trouble that Francois Hollande, France’s president, now finds himself in. It is not just that his popularity has collapsed and that his misgui...

Euro Recovery Grinds to Halt Amid Ukraine Fear - David McHugh, AP

The shaky economic recovery in the 18-country eurozone ground to a halt in the second quarter, as the continent's central pillars - Germany and France - were held back by weaker in...

Europe Should Punish Putin, Not London - Daily Telegraph

The stench of hypocrisy is almost unbearable. Germany and the rest of the eurozone trade far more with Russia than Britain does, buying billions of pounds worth of gas and propping...

Who Will Run the Sinking European Ship? - Gavin Hewitt, BBC News

This is a week which will decide some of the ins and outs - who will be the stars in the EU firmament. It is a game played with some intensity. The nation states are all proposing...

Is Greece Really Back? - Mohamed El-Erian, Bloomberg View

It has been two years since Greece narrowly avoided an exit from the euro area that could have been disastrous for the country and extremely challenging for Europe and the global...

Wanted: Inflation in Germany - Chris Johns, Irish Times

The current behaviour of global bond and equity markets could, as is often the case, be simply irrational. About the only way we can justify all-time highs in bond prices and stock...

Europe Learns Nothing from Tamiflu Scandal - A. Fontanella-Khan, Quartz

It’s been five years since European governments tried to fight the H1N1 pandemic and wasted a colossal $3 billion of taxpayer money in doing so. Back then, they stocked up on Tam...

Why Declining Europe Is Turning to Far Right - Robert Kaplan, Stratfor

Just as the European left has had no solutions to the current crisis, neither will the nationalistic right. Places in relative decline often make headlines. That is the case with E...

Europe's Angry Voters - The Economist

Europe’s leaders need to cut the power of Brussels in many areas, but in some they need to extend it....

Something Is Rotten in Europe - Alan Posener, Die Welt

Yes, something is rotten in Europe. And the reaction from politicians in the big European party blocks makes it clear where the problem lies. In view of the strength of the anti-EU...

The Force Behind Europe's Populist Revolt - David Francis, Fiscal Times

Chronic economic problems and lack of leadership are fueling a populist revolution in Europe....

As Goes Greece, So Goes Europe? - Nikos Konstandaras, New York Times

While Europe struggles to cope with the economic crisis, and voters’ focus on domestic issues is seen as a swelling tide of opposition to an “ever closer union,” ...

Why Europe Threatens Britain's Recovery - Jeremy Warner, Telegraph

According to an Ipsos Mori poll this week, the public are more optimistic about the economy than at any time over the past 36 years. Job vacancies are soaring, skill shortages are ...

Europe's Economic Iron Curtain - Leonid Bershidsky, Bloomberg View

Looking at Europe as an entity centered in Brussels does not provide the best view of the web of interdependencies born of Moscow's erstwhile role as the nexus of a huge region. Fe...

Saving the Euro: Inside Europe's Plan Z - Peter Spiegel, Financial Times

The plan was drawn up by about two dozen officials in small teams at the European Commission in Brussels, the European Central Bank in Frankfurt and the IMF in Washington. Official...

Europe's Real Political Crisis: Apathy - Aurelien Mondon, The Conversation

It is widely predicted that far-right parties will be the big winners of the 2014 European elections. Some polls have even suggested that the French Front National, the Dutch Party...

They Saved the Eurozone but Forgot Its People - Matthew Yglesias, Vox

Remember the eurozone crisis? You don't hear much about it anymore, which could easily lead you to the conclusion that the problems have been solved. And to an extent they have bee...

Europe's Lost Generation Is Still Lost - Max Tholl, The European

Five years after the outbreak of the European debt crisis, youth unemployment shows no signs of abating. Unless politicians find a remedy, a whole generation will be forced into ex...

How French Leftists Learned to Love Austerity - A. Haldenby, Spectator

For years, George Osborne cut a rather lonely figure on the European stage. He was portrayed as the only major statesman who advocated austerity. But finally he has some company. A...

Europe's Precarious New Normal - Erik Berglof, Project Syndicate

As Europe’s leaders mull over their next steps and consider how to respond, Ukrainians should consider carefully how much they would gain by moving down the path of economic ...

It's Not Just About Obama - Thomas Friedman, New York Times

Is American foreign policy today the way it is because Obama is the way he is (cerebral, cautious, dispassionate) or is Obama the way Obama is on foreign policy because America is ...

Italy's Long Slide - Raymond de Souza, National Post

The question for workers in Italy today is not as dramatic as it was for much of the 20th century — is the path to true liberation found in the free economy or in a state-pla...

Europe's Next Moral Hazard - Hans-Werner Sinn, Project Syndicate

An increase in public debt causes a short-term surge in demand, helping to increase the degree of capacity utilization and keep unemployment in check. However, new debt is nothing ...

Why the European Union Will Survive - Robert Kaplan, Stratfor

The vision of Europe's elites a decade ago was too ambitious, but that does not mean at all that the age of the European Union is past. The European Union has a brighter future tha...

Sweden Turns Japanese - Paul Krugman, New York Times

Three years ago Sweden was widely regarded as a role model in how to deal with a global crisis. The nation’s exports were hit hard by slumping world trade but snapped back; i...

The New Old Euro Arguments - John Phelan, Wall Street Journal

Twenty-five years ago this week, the European Commission released its "Report on Economic and Monetary Union in the European Community." This dry-sounding document—better kno...

Europe's Half-Baked Banking Union - Bloomberg View

Europe is putting the finishing touches on a new banking union, with the aim of restoring confidence in the euro area's banks, reviving lending and ensuring the common currency's s...

Good Irish vs. Bad Greeks? - Fintan O'Toole, Irish Times

Last week, a funny thing happened on the way to the Acropolis. The bad, reckless Greeks, the mad shower who had defaulted on €100 billion of debt, went back into those markets...

Be Glad for Greeks Bearing Gifts - Christian Science Monitor

Greece's welcome return to financial markets after years of austerity shows Europe's economy is on the mend. Belt-tightening in the most-troubled euro nations is leading to growth....

3 Reasons Obama Just Got More Popular Abroad - Zack Beauchamp, Vox

American foreign policy may look like it's in shambles sometimes, but the world doesn't seem to think so. According to Gallup's US Global Leadership Project, a gigantic survey of o...

World Economy May Be Stuck in Neutral for Years - J. Warner, Telegraph

Low interest rates in the US and Greece are not a sign of recovery, but a warning of permanent stagnation, creating the potential for future financial instability...

Is Greece Really Out of the Woods? - Desmond Lachman, AEIdeas

Before placing too much weight on the market’s apparently rosy assessment of Greece’s economic prospects, it is well to recall the market’s very poor track record in antici...

Dithering Francois Stunned into Action - Anne-Elisabeth Moutet, Telegraph

After a revolt by voters, and losing ground to the far Right, the President of France had little choice but to promote 'Sarkozy’s clone.'...

Devastating Losses for France's Socialists - The Economist

A crushing defeat at French local elections has intensified pressure on François Hollande to reshuffle his government. At a second round of voting on March 30th, Mr Hollande’s S...

Can Matteo Renzi Fix Italian Politics? - Rob Edens, RealClearWorld

His dazzling ascent to Italy's highest political office is only matched by his prodigious ambitions. With a hyperactivity not seen in Europe since the early days of Sarkozy, for th...

The Educated Young Are Fleeing Europe - Daniel Tkatch, The European

They're getting out while the getting's good....

Polish FM: Months to Save Euro

The Latest Videos from Around the WorldPolish Finance Minister Jacek Rostowski discusses the debt crisis affecting Europe and steps needed to be taken.Posted on September 16, 2011...

Eurozone News

Jewish group: Biden comment 'offens

A description of bankers in the VP's recent speech drew fire from the Anti-Defamation League....

Rand Paul still has a thinking-out-

Rand Paul is quickly learning that his words have consequences....

Obama speech boosts Islamic State's

BEIRUT (Reuters) - Islamic State has won new recruits in Syria since President Barack Obama signaled...

Wildfire rips through 150 homes in

By Alex Dobuzinskis LOS ANGELES (Reuters) - Fire crews in California battled on Tuesday to halt the ...

Gay marriage activist, cartoonist,

(Reuters) - A gay marriage advocate, a physicist modeling brain activity, a psychologist studying ra...

Eurozone from RealClearMarkets

Eurozone from The Compass Blog

Southern Europeans Don't Trust Thei

Less than one-in-five residents of Portugal, Spain, Greece and Italy say they have confidence in the...

Why Did Angela Merkel Win a Third T

The results are in: Angela Merkel will remain queen chancellor of Germany for another four years. ...

Who Doesn't Trust Banks? Europeans

Europeans are more likely to distrust banks than anyone else around the world, according to a new ...

Greek Parliament Member Yells "Heil

An MP for the ultra-right Golden Dawn party, Panayiotis Iliopoulos, was ejected from a session in ...

Some of Greece's Best Are Fleeing t

Over 120,000 Greek professionals have fled the country since 2010, according to a study from Unive...

EU Countries and Eurozone

  • EU countries in the Eurozone
  • Austria (1999)
  • Belgium (1999)
  • Cyprus (2008)
  • Finland (1999)
  • France (1999)
  • Germany (1999)
  • Greece (2001)
  • Ireland (1999)
  • Italy (1999)
  • Luxembourg (1999)
  • Malta (2008)
  • Netherlands (1999)
  • Portugal (1999)
  • Slovakia (2009)
  • Slovenia (2007)
  • Spain (1999)
  • EU countries not in the Eurozone
  • Bulgaria
  • Czech Republic
  • Denmark
  • Estonia
  • Hungary
  • Latvia
  • Lithuania
  • Poland
  • Romania
  • Sweden
  • United Kingdom