RealClearWorld - Eurozone Crisis

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The Mystery of Portugal's Collapse - Matthew O'Brien, The Atlantic

Every unhappy family might be unhappy in its own way, but the same isn't quite true of every unhappy euro country. The common currency's troubled economies all relied on foreign ...

The Wild Conspiracies of the Eurozone - Fabio Rafael Fiallo, RealClearWorld

Putting the blame of Europe's economic woes on sinister forces operating behind the scenes has always had its charm and its advocates. Suffice it to recall General de Gaulle's inve...

Europeans Are All in the Same Boat Now - Angela Merkel, Der Spiegel

In a SPIEGEL interview, Chancellor Angela Merkel discusses Germany's power in the euro crisis and explains why the country exports weapons to authoritarian regimes like Saudi Arabi...

What Germany's Merkel Can Show Red China - Pankaj Mishra, Bloomberg

Bismarck's Germany pioneered social welfare guarantees of health insurance, disability and old age pensions; it was also ahead of European nations in enacting legislation aimed at ...

Can Europe's Center Hold? - Ross Douthat, New York Times

For now, there simply aren’t enough responsible people ready to unwind what should never have been knitted together in the first place. But with every increase in the unemplo...

Europe Turns Away from Austerity - Irish Times

The European Commission’s decision to allow some member-states more time to meet their budget deficit targets is an overdue and welcome policy shift, a move away from a singular ...

Top 10 Most Popular Countries in the World - RealClearWorld

Ranking global popularity can be tricky, as world approval can vary radically from region to region and country to country. That being said, global surveys can be a useful tool for...

Should the World Keep Feeding Europe? - Steve Savage, Applied Mythology

Western Europe is a major net importer of food averaging 59 million metric tonnes during the years 2001 to 2010. That amount is similar to the net imports of all of Africa - a regi...

German Savings, Not Thrift, Hurt Europe - Carnegie Endowment

One of the reasons that it is been so hard for a lot of analysts, even trained economists, to understand the imbalances that were at the root of the current crisis is that we too e...

Fate of the Eurozone Is in Germany's Hands - Fabio Fiallo, Commentator

At anti-austerity demos in southern Europe, it has become fashionable to rail against Germany and to brandish posters showing Chancellor Merkel with moustaches à la Hitler. ...

A Portrait of European Failure - Ambrose Evans-Pritchard, Telegraph Blogs

Another month, another 95,000 people lost their jobs in the eurozone. The EMU unemployment rate nudged up a point to 12.2pc, but this understates those who have dropped out of work...

Europe Keeps Failing, and Stubbornly So - The Guardian

The economist Yanis Varoufakis has an apt metaphor for Europe's latest approach to its economic crisis. Imagine, he says, that your neighbours demanded you do a 100m sprint in unde...

Greece's Festering Garbage Crisis - Yannis Palaiologos, Time

Greece’s surfeit of garbage has become one of the most visible — and pungent — symptoms of its debt crisis. A report commissioned by the European Commission last year ranked ...

Europe's Youth Unemployment Fallacy - Alexander Demling, Der Spiegel

The oft-cited statistic that half of young Spaniards are unemployed is wrong. In reality, about one-fifth of those under 25 are looking for work. Nevertheless, outreach programs cr...

Eurozone's Leaders Sleepwalk Toward Catastrophe - The Economist

YOU may have missed it, but the European Union held a summit this week. Taking in a nutritious working lunch, Europe’s prime ministers, presidents and chancellors devoted hal...

Francois Hollande's World - Wall Street Journal

François Hollande marked his first year as France's President by declaring that the battle of the euro crisis was over—and the battle of the recession had begun. The culprit? "A...

The Thankless Task of Greece's Top Job-Cutter - Manfred Ertel, Der Spiegel

Antonis Manitakis has the most thankless job in Greece. Tasked with slashing the grotesquely bloated public sector, he is hounded by troika officials, reviled by his countrymen and...

Why the European Ideal Is Under Threat - Mark Mazower, New Statesman

The certainties that sustained notions of European unity and social solidarity are collapsing. The financial structures that formed the foundations of old Europe have warped and ar...

Spain's Angry and Unemployed Young Men - George Friedman, Stratfor

He is broke, scared and bored -- not something you want a mass of young men to be. That is the point at which history turns. Over time, they become men with nothing to lose; they b...

Europe's Jobless Youth - Der Spiegel

Europe is failing in the fight against youth unemployment. While the German government's efforts remain largely symbolic, Southern European leaders pander to older voters by defend...

Greece Isn't Turning the Corner - Megan Greene, Bloomberg

Judging from the markets and English-speaking news media this week, Greece’s damaged economy has finally turned the corner. I doubt it....

Should Ireland Exit the Eurozone? - Ray Kinsella, Irish Examiner

The German finance minister, under whom the euro was launched, Oskar Lafontaine, earlier this month called for its break-up. He asserted “the current policy is leading to dis...

Europe's New Fault Lines - Stefano Casertano, The European

The struggle over the euro currency is re-introducing fragmentation to the European continent. New divisions won’t emerge from religious or ethnic fault lines but from differ...

How Ireland Is Robbing Its Young - Eamonn Moran, Irish Times

The Irish are thought to be a compassionate people who care about human rights, but we are also capable of appalling selfishness towards our own citizens. A report this week from t...

Amid Crisis, Europe Resists Extremism - Frida Ghitis, Miami Herald

It hardly qualifies as breaking news that Europe is in the middle of a deep and protracted economic contraction. When a story, no matter how shocking, goes on for years, the natura...

Sisa: Drug of Choice in Poverty-Stricken Athens - Alex Miller, Vice

Sisa is the latest grim example in a global trend toward mass-produced synthetic drugs, from the skin-eating opiate cocktail krokodil in Siberia to South Africa’s new fascina...

How Merkel Paralyzed German Politics - Dirk Kurbjuweit, Der Spiegel

During her eight years as chancellor, Angela Merkel has skillfully lulled Germans to sleep and used feel-good policies to switch their focus from politics to personal comfort. By s...

Germany Is Draining Europe's Talent & That's OK - C. Wergin, Die Welt

More than a million people came to Germany last year. If you deduct the ones who left, that's an increase of 369,000. There hasn't been this many since 1995. However there's no com...

Europe's Pulse: A Very Unhealthy Patient - Graphic Detail

DESPITE greatly improved financial conditions over the past nine months following the pledge by Mario Draghi, head of the European Central Bank, to do “whatever it takes&rdqu...

German Exceptionalism Is Becoming a Problem - Bruce Stokes, Der Spiegel

Southern Europeans have grown impatient with Germany's self-imposed role as Europe's iron fist in recent months, but their criticism seems to have left the majority of Germans unfa...

Iceland Chooses Independence - Daniel Hannan, Daily Telegraph

Why is this frozen lump of volcanic rock doing so well? For three reasons. First, Iceland was wise enough to let its banks fail rather than bailing them out. Second, Iceland was no...

Spain in Crisis Becomes Fertility Destination - Helene Zuber, Der Spiegel

Even as the economy has tanked, Spain in recent years has become a destination for women and couples seeking to become pregnant through in vitro fertilization. Egg donors are plent...

Germany Has Won the Euro War - Stefano Casertano, The European

The new media strategy of Angela Merkel is reminiscent of a Monty Python episode: outright denial is key. If the German chancellor is asked anything about that “damn little t...

EU Can Only Make the Best of Terrible Choices - Clive Crook, Bloomberg

Despite reports to the contrary, internal devaluation can work. Ireland has shown that and so, oddly enough, has Germany. For Europe’s sake, it must be made to work in Greece and...

Is Europe Losing Faith in the EU? - Frederick Kempe, Reuters

If you don't know May 9 is Europe Day, then you find yourself in good company with a majority of Europeans. Even in the most buoyant time, this holiday – marking the Schuman Decl...

Political Opportunism and Amnesia in Europe - Irish Times

The Bourbons, as Talleyrand once remarked, learned nothing and forgot nothing. What was true of the rulers of France some two centuries ago seems true of voters in some countries i...

European Voters Reject Overreach from Brussels - The Australian

The populist UKIP's achievement in confounding expectations and winning 25 per cent of the vote falls into an anti-establishment pattern seen with the rise of the US Tea Party, the...

Could Spain Collapse? - Nicholas Siegel, The European

Recent events in Cyprus have again silenced the optimists. The latest in Europe’s cycle of serial crises could by some estimates cause the Cypriot economy alone to shrink by ...

The Rise of the German Tea Party - Benjamin Weinthal, Foreign Policy

As if dysfunctional Italians, resentful Greeks, and reluctant Cypriots weren't enough trouble, German Chancellor Angela Merkel now faces an obstacle much closer to home in her effo...

The Case for the EU Nanny State - Jan-Werner Muller, Eurozine

Could there be a dictatorship inside the European Union? If such a spectre appeared, should Brussels somehow step in to shore up democracy? Or would this constitute an illegitimate...

Germany Isn't Building a New Empire - Derek Scally, Irish Times

Some ideas are almost too seductive to examine closely. One such theory concerns the emergence of a new German hegemony in the euro zone crisis. The last turbulent years have catal...

Why Europe's Welfare State Is Still a Model - Joergen Moeller, Yale Global

The eurozone crisis has unleashed a string of buzzwords - from rating downgrade to Grexit, referring to Greece's potential exit from the zone. Yet one word is often missing: econom...

Italy Has a Growing Pizza Problem - Yuval Rosenberg, The Fiscal Times

A number of overheated media reports this week have had some cheesy fun pointing out the latest Italian calamity: a shortage of skilled pizza makers. Italy’s economic crisis ...

Europe Has No Exit - Robert Samuelson, Washington Post

For most Americans, Europe is out of sight and out of mind. We figure that the worst of its debt crisis has passed. Italy has a new government. To mute social unrest, some countrie...

Francois Hollande: A Year of Living Dangerously - The Guardian

The problem is not that the French president has been inactive. It is that most of his activity has backfired on him....

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 Crisis

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