Eurozone Crisis

Articles on the eurozone crisis.

Are Ireland and Portugal out of the woods?

Are Ireland and Portugal out of the woods?

Is there any justification in saying that these two countries are closer today to exiting their ward-of-the-troika status than they were last July, before Mr Draghi’s pronouncement that he will do all it takes to save the Eurozone?…

Impact Of Germany’s Gold Repatriation

Impact Of Germany’s Gold Repatriation

I suspect the reason for repatriating the gold has more to do with a shift in German politics than any sudden questions about the faith and credit of a central bank, or any desire to re-monetize gold in Germany.…

German Gold Claw Back Causes Concern

German Gold Claw Back Causes Concern

The repatriation of even a part of Germany's central bank gold holdings should be regarded with concern.…

France and the UK Could Be the Lynchpins of Europe

France and the UK Could Be the Lynchpins of Europe

If either France faces an economic bailout or the UK votes to leave, the EU likely will begin to disintegrate.…

On the sad algebra of the Greek Debt Buyback

On the sad algebra of the Greek Debt Buyback

At the end of the day, tens of billions of fresh loan tranches will have authored another nasty act in the cruel theatre of horrors that is the Greek bailout.…

The Eurozone after the November Eurogroup ‘Greek Deal’: The state of (current) play

The Eurozone after the November Eurogroup ‘Greek Deal’: The state of (current) play

The repercussions of this short-sighted agreement are grave not only for Greece but for the Eurozone, and indeed the European Union, more broadly.…

Washington’s European Cliff

Washington’s European Cliff

The concern today, especially for Washington, is to keep the European utopia alive for as long as possible.…

Why Spain is edging to the brink

Spaniards are now rejecting the cynical confiscatory policies that aim to bailout an insolvent system managed by morally-insolvent politicians.…

Esperanza Aguirre abandons Rajoy’s ship as political storm nears

Esperanza Aguirre abandons Rajoy’s ship as political storm nears

Esperanza Aguirre’s announcement last Monday that she will step down as leader of Madrid’s regional government comes at a delicate time for Prime Minister Mariano Rajoy.…

As The Euro Tumbles, Spaniards Look to Gold

As The Euro Tumbles, Spaniards Look to Gold

As the crisis deepens, there is still a window of opportunity for Spaniards to turn to gold as a means to protect their wealth against the risks of increased foreign exchange volatility, forced re-denomination, or even a total currency collapse.…

Draghi Acts: Is It Inflationary?

Draghi Acts: Is It Inflationary?

Despite the overwhelming evidence that money printing doesn’t work, the Eurozone overlords will to do it anyway.…

77.9 per cent of Spanish voters have little or no confidence in Rajoy: poll

77.9 per cent of Spanish voters have little or no confidence in Rajoy: poll

CIS poll confirms PM's rapidly deteriorating popularity.…

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