Eurozone Crisis

Europe's Single Currency in Peril

Greece and the Politics of Arrears

R. Kahn, Council on Foreign Relations

A Greek Surprise

Wall Street Journal

How Greece's Problems Always Go Global

David Patrikarakos, Daily Beast

Europe Should Give Greece a Chance

Yannis Dragasakis, Financial Times

How Far Will the Euro Fall?

Anatole Kaletsky, Project Syndicate

Greece is running out of money. Greek Prime Minister Alexis Tsipras's meeting this week with German Chancellor Angela Merkel has taken some of the toxicity out of the conversation ...(full article)

Creditors no longer fear that Greece might leave the euro....(full article)

Last year I took a trip with my father to Messolonghi, in western Greece, to visit the monument to Lord Byron in the city’s Garden of Heroes. The 19th-century English poet ha...(full article)

We risk condemning an entire generation to a future without hope...(full article)

The US dollar is hitting new 12-year highs almost daily, while the euro seems to be plunging inexorably to below dollar parity. Currency movements are often described as the most u...(full article)

Most Recent Articles

Brinksmanship in the Eurozone - New York Times

Nobody expected that the discussions between Greece and the rest of the eurozone about a new loan agreement would go smoothly. But things seem to be going even worse than expected,...

Europe's Great Greek Chasm - Nikos Konstandaras, New York Times

When voters elected Syriza on Jan. 25, they were expressing hope for the impossible mission that it promised: loosening austerity and slashing the country’s debt while maintainin...

Brussels and Berlin Fight over Greece's Fate - Der Spiegel

Jean-Claude Juncker understands the importance of symbols in politics. When he became president of the European Commission last fall, he surprised the political powers that be in B...

Why Is Germany Hellbent on Austerity? - Paul Hockenos, The Nation

Berlin—Weimar-era hyperinflation, Prussian thrift, the staggering cost of German unification: These explanations, among others, are regularly trotted out (by outsiders) to explai...

Strength Is Weakness - Paul Krugman, New York Times

Actually, the strong dollar is bad for America. In an immediate sense, it will weaken our long-delayed economic recovery by widening the trade deficit. In a deeper sense, the messa...

Revisiting the Big Plan to Save the Euro - Valentina Pop, Wall Street Journal

Three years on, there has been no progress on forming a deeper economic and monetary union....

Euro Debt Is Seriously Risky - Mark Gilbert, Bloomberg View

On Tuesday, Mario Draghi's European Systemic Risk Board published a report backing the argument for change, noting in particular that the more money banks allocate to government de...

How China Plans to Beat the Dollar - M. Gilbert, Bloomberg View

The U.S. dollar's continuing ascent against almost every other currency in the world is capturing all of the attention in the foreign exchange markets. It's on such a tear that eve...

Deflation Is Good News for Eurozone - Daniel Gros, Project Syndicate

In today's global economy, there is no price as important as that of crude oil. More than 80 million barrels are produced (and consumed) daily, and a large part of that output is t...

A Talk with Piketty: The Eurozone Is a Monster - Heyer & Pauly, Spiegel

We may have a common currency for 19 countries, but each of these countries has a different tax system, and fiscal policy was never harmonized in Europe. It can't work. In creating...

European States Have a Choice: The Euro or Sovereignty - Clive Crook

This week, the European Central Bank started buying bonds under its new quantitative-easing program. Last Thursday, its president, Mario Draghi, declared that a stronger euro-area ...

Europe Is Being Torn Apart, Slowly and Painfully - Garton Ash, Guardian

This monetary union without a political one will continue to cause suffering and divide the north from the south...

Is the Euro Compatible with Democracy? - Philippe Legrain, FP

“New elections change nothing,” asserted Germany’s finance minister, Wolfgang Schäuble, ahead of the Greek vote in January that swept into office a radical-left government p...

The Troubles That Await Europe - Andy Langenkamp, RealClearWorld

The events of recent weeks have done absolutely nothing to improve the personal ties between the Greek government and its European counterparts. Grandstanding, mutual accusations o...

There's No Such Thing as a Happy Grexit - Jean Pisani-Ferry, PS

PARIS – Earlier this week, following days of tense discussions, the new government in Athens reached an agreement with its eurozone creditors that includes a package of immediate...

Germany's Economic Mannschaft Prevails - Fabio Fiallo, RealClearWorld

The German soccer team, the Mannschaft, four times a World Cup winner, has built its reputation not so much on theatrics, but on two less flamboyant qualities: team spirit (Mannsch...

Greece Lifts China's Mediterranean Hopes - Emanuele Scimia, WPR

While the world watches the ongoing debt negotiations between Greece and its international creditors mainly for their impact on the Greek and eurozone economies, the talks have alr...

Europe's Hard Left Took a Good Thumping - Mark Gilbert, Bloomberg View

The Greek government's apparent capitulation in debt negotiations with its euro partners makes it less likely that Athens will be forced out of the common currency. The real winner...

Angela Merkel's Moment of Truth - Joschka Fischer, Project Syndicate

In the last two weeks, the two crises confronting Europe – in Ukraine and Greece – both escalated. In each case, Germany and its chancellor, Angela Merkel, were at the heart of...

Germany Is Giving Greece One Last Chance - Leonid Bershidsky, Bloomberg

Contrary to all that's been said about Germany's uncompromising stand on helping Greece, Berlin showed today that it's willing to give the far-left government of Alexis Tsipras a c...

A Greek Deal Can't Fix Euro, and that's Tragic - Gideon Rachman, FT

There has rarely been a period when it is more urgent for Europeans to work together....

Syriza Had a Chance to Fix the Eurozone. It Blew It - The Economist

CLIP-CLOPPING around Europe over the past few weeks, Yanis Varoufakis, Greece’s dashing finance minister, has urged the euro zone to chart a new course. Endlessly forcing new loa...

What Would Happen if Greece Leaves the Eurozone? - Der Spiegel

Banks across Europe, including the European Central Bank, are preparing for the possibility of Greece leaving the euro zone. With Athens and Brussels still at odds, such an eventua...

Time to Kick Germany Out of the Eurozone - P. Chovanec, Foreign Policy

Last year, Germany racked up a record trade surplus of 217 billion euros ($246 billion), second only to China in global export dominance. To some, this made Germany a bright spot i...

Varoufakis Needs to Sharpen His Politics - Kaj Leers, RealClearWorld

As an experienced economist, Greek Finance Minister Yanis Varoufakis argues economic logic in his meetings with eurogroup counterparts. What's sorely lacking is political logic. Ne...

Varoufakis Dishes on Marx and Capitalism - B. Thomas-Noone, Interpreter

The funky, radical academic is Yanis Varoufakis, the new and suddenly famous Finance Minister of Greece. Varoufakis is a self-styled 'erratic Marxist', and an essay that was compil...

The Eurozone Survives the Weekend - Bloomberg View

Led by Germany's Wolfgang Schaeuble, the ministers adopted a recklessly hardline position, insisting that there was nothing to discuss until Greece had successfully completed the c...

Time for Europe to Help the Greeks - Boston Globe

GERMANY HAS proved its point: Promises matter, and Greece can’t simply walk away from its controversial 2012 bailout agreement, including the much-hated austerity measures that h...

A Greek Offer Germany Can't Refuse - Y. Palaiologos, Wall Street Journal

Against this economic and political backdrop, the concessions Athens has offered in recent days are significant. In his press conference at the eurogroup meeting on Monday, Mr. Var...

Greek Drama Reaches Final Act - The National

Greece is running out of money and other European countries are running out of patience. Both are running out of time. What happens in Greece and the eurozone can seem like a long ...

Why Isn't Merkel Compromising on Greece? - M. Gilbert, Bloomberg View

It's one minute to midnight for the euro. The standoff between Greece and its creditors, led by Germany, looks increasingly like it could lead to the first nation exiting the commo...

The Eurozone's Insanity - Economist

After tense Eurogroup and European Council meetings, a compromise looks no nearer....

The Vindication of Conventional Economics - Simon Wren-Lewis, LRB

‘Mediamacro’ is the term I use to describe macroeconomics as it is portrayed in the majority of the media. Mediamacro has a number of general features. It puts much mor...

How the Eurozone Crisis Came to Be - Chris Alessi & James McBride, CFR

The euro was introduced in 2002 as the single currency of the European Union, consolidating the largest trade bloc in the world and creating one of the world's strongest currencies...

Alexis Tsipras Takes Stage as Greece's Hamlet - Fabio Fiallo, RCW

A study of the history of philosophy teaches us that a critical difference between the Judeo-Christian narrative and the thinkers of Ancient Greece relates to the perception of tim...

Germany Emerges, Powerful but Insecure - George Friedman, Stratfor

German Chancellor Angela Merkel, accompanied by French President Francois Hollande, met with Russian President Vladimir Putin on Feb. 6. Then she met with U.S. President Barack Oba...

Euro Crisis Won't End until Greece's Debts Are Cleansed - SCMP

We need more money and soon, says Greece. We have no more to give, counters Germany. In a nutshell, that was pretty much the result of a tense meeting between the finance ministers...

Tracing Europe's Political Fault Lines - Economist

WOLFGANG SCHÄUBLE, Germany’s flinty finance minister, summed it up neatly, if inadvertently. “Nobody is forcing anything on Greece,” he told reporters in Bru...

Syriza Hits Many of the Right Notes - Manfred Ertel et al, Spiegel Online

Syriza's victory in the recent Greek elections set off a wave of concern in Europe. But even as the new prime minister tries to woo other leaders, his left-wing government is alrea...

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

Search resumes in deadly Alps plane

Investigators want to know what caused the jet to go down, killing all 150 people on board....

Mark Holden wants you to love the K

Holden’s become the face of the Kochs’ push to reform the criminal justice system, an effort tha...

Amanda Knox to learn fate in Italy

Italy's top court was set to rule Wednesday on Amanda Knox's murder conviction, opening th...

Boston bombing jury to hear about s

By Elizabeth Barber BOSTON (Reuters) - The jury hearing the Boston Marathon bombing trial on Wednesd...

Ex-U.S. Representative Jesse Jackso

(Reuters) - Former U.S. Representative Jesse Jackson Jr. is set to be released from prison on Thursd...

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