Eurozone Crisis
Europe's Single Currency in Peril
America Is Already Europe
Michael Tanner, National Review
Austerity Will Set Europe Back Years
Gordon Brown, Washington Post
Prepare for a Golden Age of Gas
Martin Wolf, Financial Times
The Tragic Greek Sideshow
Wall Street Journal
With seemingly every day bringing more bad news from Europe, many are beginning to ask how much longer the United States has before our welfare state follows the European model i...(full article)
German voters value austerity. That, at least, is what Chancellor Angela Merkel is betting on as she embarks on a new package of savings measures aimed at balancing the budget in...(full article)
The unfolding tragedy of a bankrupt Greece is only a symptom of an even more fundamental miscalculation: a wrong-headed conviction, widely held across Europe, that if austerity i...(full article)
The world is in the midst of a natural gas revolution. Even the sober International Energy Agency refers to a scenario it calls a 'golden age of gas'. If such optimism proves ri...(full article)
No country should be forced to remain in the euro against its will....(full article)
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Portugal in Danger of Being Next Greece - Christoph Pauly, Der Spiegel
Nothing is sacred to Pedro Passos Coelho, not even Carnival. Portugal's prime minister expects government employees at their desks and working on Entrudo, the traditional high poi...
Europe's Third World Crisis - Richard Fernandez, Belmont Club
Scene is familiar. Half naked kids beg for food in the streets. Poor people search through trash cans for food. Soup kitchens close their doors on long lines of people still wai...
EU Should Admit Greece Is Bankrupt - Christian Rickens, Der Spiegel
Greece is bankrupt and will need a 100 percent debt cut to get back on its feet. The bailout package about to be agreed by the euro finance ministers will help Greece's creditors...
Is Germany Still an EU Power? - FRIDE
The Chancellor’s disordered management of the economic crisis shows that Berlin has no political roadmap for the future of Europe. Dissociated from its historic burden, a new sel...
Has Austerity Gone Too Far? - Vox EU
Numerous industrial countries, especially in Europe, have recently embarked on fiscal tightening. The measures adopted so far have not proved a cure-all for financial market concer...
The End of the Greek Marathon? - The Economist
It was concluded before dawn this morning after finance ministers, the European Central Bank and representatives of private creditors squeezed the numbers to produce a package th...
Germany Winning War of Globalization - Kenneth Rogoff, Der Spiegel
SPIEGEL: Mr. Rogoff, the eurozone finance ministers are likely to soon provide Greece with new loans totalling €130 billion ($171 billion), with the aim of stabilizing the count...
EU Leaders' Hostile Takeover of Greece - Patrick Smith, Fiscal Times
he Greek financial rescue package, apart from its obvious necessity as a bailout mechanism, has always been about holding eurozone together, and living up to the legacies left by ...
Eurozone Can't Afford to Eject Greece - Bloomberg
Leaders of the euro area’s wealthier nations are increasingly raising a provocative question: Might the common currency now be strong enough to end the bailout agony and let ...
Austerity Has Failed Europe - Paul Krugman, New York Times
The confidence that austerity measures was supposed to induce in capital markets has not appeared. Instead, Europe has a recession on its hands....
Will the EU Save Greece, Or Destroy It? - Gavin Hewitt, BBC News
It would be worth asking Jean-Claude Juncker, the head of the eurozone finance ministers, when he last walked the streets of Athens. The same question should also be put to the EU'...
Greece Must Default if It Wants Democracy - Wolfgang Munchau, FT
It is one thing for creditors to interfere in the management of state policies. It is another to tell them to suspend elections or to put in policies that insulate the government...
Greek Youth Sacrificed on the Euro Altar - Athens News
The real question is not why people are reacting with shock and anger over the harshest austerity measures yet to be drawn up as part of the terms of the country’s latest b...
Europe's Failed Course - New York Times
Struggling euro-zone economies like Greece, Portugal, Spain and Italy cannot cut their way back to growth. Demanding rigid austerity from them as the price of E...
EU Needs More Countries Like Greece - Fabian Lindner, The Guardian
Greece's economic crisis is a gift from heaven for the German government. The country is the ideal conservative dystopia of an irresponsible government financing a supposedly overb...
Fate of Capitalism Rests With Merkel, Obama - John Kornblum, NY Times
Is the West facing economic decline? Hard to tell. Much depends on two very dissimilar people on opposite sides of the Atlantic, Barack Obama and Angela Merkel. Fate...
The Sick Man of Europe Is Europe - Justin Vaisse, Foreign Policy
Until recently, Europeans enjoyed a pretty comfortable position in most international organizations. At the IMF, they had an unquestioned hold on the directorship and could lecture...
There Is Only One End to Greece's Torment - Daily Telegraph
Greece requires a significant devaluation to be competitive with Germany - which can only be accomplished outside the euro....
Confidence Returns to the Eurozone - Int'l Institute for Strategic Studies
Tensions surrounding the eurozone have eased markedly in the early part of 2012 following the atmosphere of crisis that persisted through the second half of 2011. There is i...
A Way Out of the Woods for Europe - The Economist
The euro may survive brinkmanship over Greece, but the road to recovery will be long and hard....
Obama Should Decline to Nominate Next World Bank Boss - Bloomberg
For seven decades it was accepted that a U.S.-nominated American would lead the World Bank and a European backed by Europe's main powers would head the International Monetary Fund....
France's What-If Election - Ian Bremmer, New York Times
Hollande cannot and will not lead France to play a fundamentally different role in the eurozone....
A Callous EU Is Destroying Greece - Peter Oborne, Daily Telegraph
For all of my adult life, support for the European Union has been seen as the mark of a civilised, reasonable and above all compassionate politician. It has guaranteed him or her a...
Europe vs. the World - Edwin Truman, New York Times
¶FOR the third time in a century, a bitter conflict fueled by historic grievances has erupted in Europe, with the United States looking from afar and hoping not to get involve...
Italy's Generational Crisis - Mark Gilbert, Foreign Affairs
Italian Prime Minister Mario Monti returned home from a successful visit to the United States over the weekend, having won the praise of U.S. President Barack Obama for the rapid e...
Greece Must Leave the Euro - Jeremy Warner, Daily Telegraph
Repeated rounds of austerity are proving self defeating, which makes it virtually certain that Greece will eventually have to come back for more. What are Europe's paymasters...
Americans Should Pay Attention to Europe - Bruce Stokes, Yale Global
With so much at stake, Americans should pay more attention to the handling of the crisis....
European Doubts Growing over Greek Debt Strategy - Der Spiegel
For months, European leaders have been trying to find a way out of the Greek debt crisis. But austerity is merely driving the country deeper into economic despair. Is it time for...
Germany Faces a Machine from Hell - Gideon Rachman, Financial Times
German officials remain outwardly calm. They shrug off the insults, while continuing to pledge financial aid to southern Europe and to make the case for supply-side reforms as th...
Merkel Is Leading Europe in Wrong Direction - George Soros, Der Spiegel
SPIEGEL: German Chancellor Angela Merkel is praised globally as "Mrs. Europe" and at home she is more popular than ever in polls -- partly thanks to her strong refusal to constant...
Why Greek Bailout Is Destined to Fail - Patrick Smith, Fiscal Times
For the second time in a little over 3 years, Athens is burning. In December of 2008, police shot and killed a teenage student, igniting an explosive reaction by young people th...
German's Economic Outlook Remains Positive - Gallup
Despite the Eurozone crisis, Germans are generally upbeat about their economic prospects....
Why Greece and Portugal Should Go Bankrupt - Wolfgang Munchau, FT
Two years ago, most European policymakers still believed that Greece would pull through. They lacked experience in managing financial crises. They did not even consult with policym...
Greece OKs Austerity as Athens Burns - Papachristou & Behrakis, Reuters
The Greek parliament approved a deeply unpopular austerity bill to secure a second EU/IMF bailout and avoid national bankruptcy, as buildings burned across central Athens and vi...
Democracy Ending in Land Where It Began - Chris Booker, The Telegraph
Greece's plight has alerted the world to the way the EU extinguishes democracy....
Greek Default Would Bring Euro Chaos - Heather Stewart, The Observer
The prospect of a eurozone without Greece is now openly discussed, even though break-up would bring banking chaos....
Early Greek Default Now Inevitable - Irish Independent
The withdrawal of the far-right LAOS party from the Greek coalition government and the resignation of two junior ministers from the socialist PASOK party now makes it increasingly ...
Global Economy in a Calm Before Storm - Martin Taylor, Financial Times
Forget the icy weather: the financial markets are signalling that spring is coming. Equities are rallying and credit spreads have narrowed. Yet look around, if you can be...
Europe: The Crisis Continues - The Guardian
What's Greek for constructive dismissal? Because that's an apt term to describe how Greece is being treated by the other members of the eurozone. Consider: party leaders in At...
Greeks Ponder Return of Dreaded Drachma - Joanna Kakissis, Time
The agreement came after days of drama and delay. In the end, Greek political leaders finally acceded to tough new austerity measures in exchange for more bailout loans. But no one...
Athens's Choosy Beggars - Wall Street Journal
Greek politicians hold the reins as long as the bailout architects believe that a Greek default, messy or otherwise, would be a catastrophe for Europe....
Sarkozy's Pick-n-Mix Referendums - Richard Waghorne, Daily Mail
Well into the last hundred days before he faces voters for re-election, French president Nicholas Sarkozy has announced two referendums. Both the timing and the subjects at issu...
Euro Crisis Averted? Don't Believe It - Jeremy Warner, Daily Telegraph
There’s nothing like the long Christmas break for calming things down. Back in early December, it looked as if the euro was on its last legs. Then everyone went on holiday, and ...
Greece's Desperate Measures - Yannis Palaiologos, The American Prospect
A tentative budget agreement reduces the minimum wage and cuts pensions....
The Case Against Bailing Out Greece - Centre for Independent Studies
Bailing out Greece will only encourage future profligacy....
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
Greek lawmakers rush to clear promi
AP - Greece scrambled Wednesday to adopt a batch of emergency laws that will further cut incomes and...
Futures slip after European data; D
Reuters - U.S. stock index futures slipped on Wednesday, indicating the S&P 500 may snap a three-day...
Strauss-Kahn questioned in France f
AP - French police interrogated former International Monetary Fund chief Dominique Strauss-Kahn for ...
A look at Greece's new austerity me
AP - Greece's lawmakers are to vote on a bill detailing euro3.18 billion ($4.2 billion) worth of aus...
Euro zone teetering on brink of rec
Reuters - The euro zone economy is in danger of tipping into recession, with the services sector shr...
Eurozone from RealClearMarkets
Why Germany Thrives While Europe Cr
The German economy has been one of the wonders of the world over the last couple of years. While the...
Euro Crisis Averted? Don't Bel
There’s nothing like the long Christmas break for calming things down. Back in early Decemb...
In Europe, Stagnation as a Way of L
Because of the various, often incremental, steps European officials have taken during the nearly th...
The Eurozone's Fork in the Roa
BUENOS AIRES – Many observers have recently declared that the eurozone debt crisis ...
Clash: "Worst Is Behind Us&quo
Global investor sentiment is now not only split down the middle, but the split is getting deeper ...
Eurozone from The Compass Blog
Does Germany Want to Boot Greece Fr
Gideon Rachman thinks some do: My impression from talking to policymakers in Berlin recently, and f...
If the Socialist Candidate Wins in
Hamish McRae says the consequences would be enormous: Note that Angela Merkel has openly supported ...
Whom Do Britons Dislike?
According to Angus Reid, the French and Greeks don't rank so highly in British esteem: In the onlin...
The Stat That Should Worry Europe
Via Thomson Reuters....
Fleeing Europe in Droves
Helen Pidd charts a mass exodus: Since its conception, the European Union has been a haven for thos...
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