Posts Tagged: banking system

Save Europe’s Marriage With a Trial Separation

The euro is not a fundamentally bad idea. It just needs a timeout while some critical kinks are worked out. Europe is at least two economies: a northern tier we might call Hanseatica and a southern one we will call Mediterranea.

Save Europe’s Marriage With a Trial Separation

The euro is not a fundamentally bad idea. It just needs a timeout while some critical kinks are worked out. Europe is at least two economies: a northern tier we might call Hanseatica and a southern one we will call Mediterranea.

Germany might have to sacrifice Greece to save euro, George Osborne suggests

George Osborne has floated the possibility that Greece might need to be sacrificed to save the euro after a fresh day of jitters on the world’s financial markets saw Spain‘s long-term borrowing costs hit their highest level since the launch of the single currency. In a

Germany might have to sacrifice Greece to save euro, George Osborne suggests

George Osborne has floated the possibility that Greece might need to be sacrificed to save the euro after a fresh day of jitters on the world’s financial markets saw Spain‘s long-term borrowing costs hit their highest level since the launch of the single currency. In a

Pressure Mounts for Italy’s Monti

Prime Minister Mario Monti’s honeymoon is over. Italy’s return to the cross hairs of the euro-zone debt crisis has ratcheted up pressure on Mr. Monti to accelerate his turnaround of the country’s moribund economy. But the effort is running up

Pressure Mounts for Italy’s Monti

Prime Minister Mario Monti’s honeymoon is over. Italy’s return to the cross hairs of the euro-zone debt crisis has ratcheted up pressure on Mr. Monti to accelerate his turnaround of the country’s moribund economy. But the effort is running up

/ News

Bailout for Banks Figures Into Campaigns in Greece

Greece’s two main party leaders used the Spanish bank-bailout deal Sunday to support their opposing messages to the Greek electorate ahead of next week’s national vote. New Democracy leader Antonis Samaras said the deal showed how important it is for

/ News

Bailout for Banks Figures Into Campaigns in Greece

Greece’s two main party leaders used the Spanish bank-bailout deal Sunday to support their opposing messages to the Greek electorate ahead of next week’s national vote. New Democracy leader Antonis Samaras said the deal showed how important it is for

/ News

Italy Moves Into Debt-Crisis Crosshairs After Spain

The 100 billion-euro ($126 billion) rescue for Spain’s banks moves Italy to the frontline of Europe’s debt crisis, putting pressure on Mario Monti’s unelected government to avoid succumbing to a market rout. “The scrutiny of Italy is high and certainly

/ News

Italy Moves Into Debt-Crisis Crosshairs After Spain

The 100 billion-euro ($126 billion) rescue for Spain’s banks moves Italy to the frontline of Europe’s debt crisis, putting pressure on Mario Monti’s unelected government to avoid succumbing to a market rout. “The scrutiny of Italy is high and certainly