Eurozone Crisis

Europe's Single Currency in Peril

Gordon Brown Leaves a Winning Legacy

J. Freedland, The Guardian

Cash-Bomb the European People

Simon Jenkins, The Guardian

Europe's German Ball and Chain

Daniel Gros, Project Syndicate

Europe's Deflated Economic Psyche

Philip Broughton, The Spectator

Philip Broughton, The Spectator

His predecessor was always seen as the winner, but Brown retires having saved the pound, the global economy and the United Kingdom....(full article)

Juncker’s new fund will do little to head off Europe’s lost decade, as Friedman and Keynes would agree....(full article)

The eurozone seems incapable of escaping near-deflation, with little economic growth and prices barely moving upwards....(full article)

Deflation terrifies economists because once it starts, they have no idea what to do about it. When demand in an economy shrinks, companies cut jobs, and with fewer employed demand ...(full article)

Deflation terrifies economists because once it starts, they have no idea what to do about it. When demand in an economy shrinks, companies cut jobs, and with fewer employed demand ...(full article)

Most Recent Articles

Mending a Fragmented Europe - Cornelius Adebahr, Carnegie Europe

Since the beginning of the euro crisis, a sharp economic fragmentation has emerged within Europe, exposing different business models and fiscal approaches in the North and South. B...

Contemplating the Italian Lira's Comeback - The Guardian

Could Italy be heading for an exit from the euro? It is no longer unthinkable....

Finally, Hopes for a Plan to Revitalize Europe - K. Dervis, Project Syndicate

Europe’s economic struggles are reflected in its political situation, with many European electorates now mired in a sense of hopelessness and sliding toward ideological extre...

The Return of the Dollar - Mohamed El-Erian, Project Syndicate

The US dollar is on the move. In the last four months alone, it has soared by more than 7% compared with a basket of more than a dozen global currencies, and by even more against t...

The Euro Is in Its Greatest Peril - Wolfgang Munchau, Financial Times

The eurozone has no mechanism to defend itself against a drawn-out depression....

Today's Greece, in the Midst of Crisis - Barry Strauss, The Hill

Five years after national bankruptcy shattered a recession-battered Greek economy, shook the euro to its foundations, led to violent riots in downtown Athens and spawned extremist ...

Testing the Eurozone's Last Safety Net - Ashoka Mody, Project Syndicate

On October 14, as yet another financial storm gathered over Europe, the European Court of Justice convened in Luxembourg. In the coming months, the ECJ will assess the German Const...

A Crazy Idea to Help Italy - Jim O'Neill, Bloomberg View

As I travelled around Italy on this latest trip, I imagined a different kind of Germanic rigidity. How about a zero-tolerance approach to inflation that falls below target? Perhaps...

The Rapid Rise of Germany's Far Right - Paul Hockenos, Foreign Affairs

The Alternative for Germany (AfD) burst onto Germany’s political stage this year by winning ten percent of the vote or slightly more in three regional elections in eastern Ge...

The Calm Before a Storm of EU Reform - Jan Techau, Carnegie Europe

Perhaps never in the history of the European Union has there been a greater mismatch between the need for reform and the political capital available to enact that reform. So what w...

Europe's Perennial State of Fragmentation - Adriano Bosoni, Stratfor

Over the past 12 months, I have traveled extensively throughout Europe, observing firsthand how the global economic crisis is reawakening dormant trends along the Continent's tradi...

Creating a Federal Eurozone Budget - L. Guiso & M. Morelli, Vox EU

Eurozone countries are facing two main questions....

The Single-Engine World Economy - Nouriel Roubini, Project Syndicate

Weakness in the rest of the world implies a stronger dollar, which will invariably weaken US growth. The deeper the slowdown in other countries and the higher the dollar rises, the...

Italy Is in Terminal Decline - Nicholas Farrell, Spectator

Hardly anyone bothers to fret about Italy any more, even though last week its exchanges took the second biggest hit after Greece. Italy’s irreversible demise is a foregone co...

Europe's Economy Is Running Out of Time - The Economist

THE world economy is not in good shape. The news from America and Britain has been reasonably positive, but Japan’s economy is struggling and China’s growth is now slow...

The Eurozone's Problem Is the World's Problem - Larry Elliott, Guardian

The explanation for the plunge on global financial markets comes down to one word: Europe....

Reviving Europe's Economy - Irish Times

Europe’s leaders need to do more to get growth moving and a central player here has to be Germany....

Europe Acknowledges Austerity's Failure - Patrick Smith, The Fiscal Times

Standing again on the cliff overlooking Recession Valley now prompts a fundamental realignment among the European powers....

There Is Strength in European Unity - Jose Manuel Barroso, PS

Over the past ten years, the European Union has endured a series of unprecedented crises, the likes of which we are unlikely to see again. But other, no less daunting challenges li...

Germany Can't Do It Alone - Bloomberg

The German economy ministry has cut the country's growth forecast for the year to 1.2 percent, from 1.8 percent in April -- and if the German economy contracts in the third quarter...

Bloated States Are Choking Europe - Daniel Mitchell, The Commentator

Europe's crisis is not one of capitalism but one of social democracy. Leftist economics has made the state so bloated that much of the continent remains mired in stagnation with li...

Germany Sabotages the Eurozone - Mark Gilbert, Bloomberg

The euro region's playbook for tackling its economic malaise has followed a predictable pattern in recent years, with policy reverberating in a call-and-response loop between the E...

Europe's New Downturn Is Urgent, not Important - P. Smith, Fiscal Times

Deeper trends now visible suggest that this is one of those transitional moments we get from time to time on our way to another kind of world. For those of a certain age, it isn&rs...

Renzi Has no Fix for Italy's Ills - Hans-Jurgen Schlamp, Spiegel

Stores are closing, tradespeople are being let go and manufacturing is collapsing all over Italy, especially in the south. Many young academics are leaving the country. While produ...

Germany: The EU's Tea Party - Edward Luce, Financial Times

Following years of “whatever it takes” firefighting by the Federal Reserve, the U.S. economy is on the cusp of reasonable growth. Europe, on the other hand, is in dange...

The European Central Bank on the Defensive - Mark Gilbert, Bloomberg

It's interesting, though, that even with the ECB doing more and more to pump up the economy, and with European yields far below their debt-crisis levels, Draghi still feels the nee...

Germany's Two-Front Fight - Bosoni & Fleming-Williams, Stratfor

Germany is currently ruled by a grand coalition, with German Chancellor Angela Merkel's center-right Christian Democratic Union party (and its sister party, the Bavaria-based Chris...

The Troubling Rise of Germany's Euroskeptics - Wolfgang Munchau, FT

The AfD does not need to win an election or become part of a government. Its strategy will be to test the limits of Germany’s commitment. That strategy stands a fair chance o...

Germany's Economy Mirage - Philippe Legrain, Project Syndicate

For 60 years, successive German governments sought a more European Germany. But now, Chancellor Angela Merkel’s administration wants to reshape Europe’s economies in Germany’...

Europe Needs a New Social Contract - Kemal Dervis, Project Syndicate

It will not be possible to design this new social contract country by country. Europe has become too interwoven in myriad ways – not just in purely financial and economic ter...

Temper the Exuberance over Irish Economy - John O' Hagan, Irish Times

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...

The Growing Isolation of Angela Merkel - Der Spiegel

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 ...

Europe Needs More than Stimulus Lite - Bloomberg View

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...

The Fall of France - Paul Krugman, New York Times

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...

Hollande Stands His Ground on Austerity - Konrad Yakabuski, Globe & Mail

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...

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...

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

House may vote to undo Obama immigr

The Republican-led House may try to undo President Obama's immigration actions....

Sierra Leone doctor who got Ebola i

DAKAR, Senegal (AP) — For eight weeks, Dr. Komba Songu-M'briwa worked at the understaffed Has...

Senate Democrats muscle big Obama d

Senate Democrats use the waning days of their majority to confirm two big donors to President Barack...

Likely Pentagon nominee earned stri

President Obama has reportedly chosen Ashton Carter as his nominee for defense secretary....

NATO backs U.S.-led training force

A new training mission for Afghanistan will begin next year....

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