Michael Tanner, National Review
Gordon Brown, Washington Post
Martin Wolf, Financial Times
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)
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...
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...
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...
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...
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...
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...
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...
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 ...
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 ...
The confidence that austerity measures was supposed to induce in capital markets has not appeared. Instead, Europe has a recession on its hands....
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'...
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...
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...
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...
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...
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...
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...
Greece requires a significant devaluation to be competitive with Germany - which can only be accomplished outside the euro....
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...
The euro may survive brinkmanship over Greece, but the road to recovery will be long and hard....
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....
Hollande cannot and will not lead France to play a fundamentally different role in the eurozone....
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...
¶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...
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...
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...
With so much at stake, Americans should pay more attention to the handling of the crisis....
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...
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...
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...
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...
Despite the Eurozone crisis, Germans are generally upbeat about their economic prospects....
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...
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...
Greece's plight has alerted the world to the way the EU extinguishes democracy....
The prospect of a eurozone without Greece is now openly discussed, even though break-up would bring banking chaos....
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 ...
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...
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...
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...
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....
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...
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 ...
A tentative budget agreement reduces the minimum wage and cuts pensions....
Bailing out Greece will only encourage future profligacy....
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...
AP - Greece scrambled Wednesday to adopt a batch of emergency laws that will further cut incomes and...
Reuters - U.S. stock index futures slipped on Wednesday, indicating the S&P 500 may snap a three-day...
AP - French police interrogated former International Monetary Fund chief Dominique Strauss-Kahn for ...
AP - Greece's lawmakers are to vote on a bill detailing euro3.18 billion ($4.2 billion) worth of aus...
Reuters - The euro zone economy is in danger of tipping into recession, with the services sector shr...
The German economy has been one of the wonders of the world over the last couple of years. While the...
There’s nothing like the long Christmas break for calming things down. Back in early Decemb...
Because of the various, often incremental, steps European officials have taken during the nearly th...
BUENOS AIRES â Many observers have recently declared that the eurozone debt crisis ...
Global investor sentiment is now not only split down the middle, but the split is getting deeper ...
Gideon Rachman thinks some do: My impression from talking to policymakers in Berlin recently, and f...
Hamish McRae says the consequences would be enormous: Note that Angela Merkel has openly supported ...
According to Angus Reid, the French and Greeks don't rank so highly in British esteem: In the onlin...
Via Thomson Reuters....
Helen Pidd charts a mass exodus: Since its conception, the European Union has been a haven for thos...