Eurozone Crisis

Articles on the eurozone crisis.

Greek window of opportunity

Greek window of opportunity

This election result should be understood as the Greek citizens’ last effort to deliver the democratically-backed "pro-euro" political leadership that Brussels and Berlin have so adamantly demanded.…

Greek Election Result: An assessment

Greek Election Result: An assessment

Europe may have got its wish this weekend. Soon, however, it will be reminded, yet again, that the most vengeful god is the one who grants such wishes.…

Spain: Nothing and Everything. Details Examined.

Spain: Nothing and Everything. Details Examined.

The temptation to fade this Spain deal is high (and higher after Rajoy claimed victory and jetted off to the football match).…

Solidarity Euro-Style

Solidarity Euro-Style

I would like to call upon northern European governments to cease and desist from more ‘solidarity’ offerings to our fiscally-stricken, fast impoverishing nations.…

Why a Grexit Would Make Lehman Look Like Childs Play

Why a Grexit Would Make Lehman Look Like Childs Play

The more they look at the situation, the more I am convinced they will see not only how potentially awful the situation becomes, but that the cost to avoiding it right now are relatively small, and with proper preparation a Grexit can be managed down the road.…

Why The ECB Will Print

Why The ECB Will Print

Never underestimate a desperate central bank’s willingness to print.…

Spanish Bonds – Austerity, Spending, and Reality

Spanish Bonds – Austerity, Spending, and Reality

Debt restructuring is the only way to get the debt under control and allow the policies of spending and austerity to work over time.…

Germany wants to know if Ace, 2, 3, 4, 5 is a good hand

Germany wants to know if Ace, 2, 3, 4, 5 is a good hand

Germany will have to change their tone or risk being the ones seen responsible for breaking up the Eurozone and causing strife across Europe.…

Bankia: Responsibility Matters

Bankia: Responsibility Matters

Among the many questions raised by Bankia’s nationalization in extremis, there is one that cannot go unanswered: who is responsible?…

A truly disastrous week for Rajoy

A truly disastrous week for Rajoy

The events over the last week have taken Spain's PM Mariano Rajoy to the edge of the abyss.…

Germany’s Mixed Signals

Germany’s Mixed Signals

For Germany, leaving the eurozone would be a decidedly winning move.…

A one-word explanation on why the eurozone cannot inflate its way out of trouble: Spain!

A one-word explanation on why the eurozone cannot inflate its way out of trouble: Spain!

In view of the deflation that is coming to the deficit countries, having German inflation rise above average is as inevitable as it is useless.…

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