Eurozone Crisis

Europe's Single Currency in Peril

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...(full article)

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...(full article)

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

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

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

Most Recent Articles

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...

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...

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

Fauci: Quarantine can have unintend

Mandatory 21-day quarantines on health care workers returning from Ebola-ravaged West Africa can hav...

Steenkamp was about to leave Pistor

The mother of Oscar Pistorius's girlfriend believes that her daughter was about to leave the di...

U.S. envoy Power arrives in West Af

By Michelle Nichols CONAKRY (Reuters) - The U.S. Ambassador to the United Nations, Samantha Power, a...

One in five eurozone banks flunks E

Nearly one in five eurozone banks is still on shaky financial foundations, the ECB said Sunday after...

Search for answers after Washington

By Eric M. Johnson and Victoria Cavaliere MARYSVILLE Wash. (Reuters) - Members of the Tulalip Tribes...

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