Posts Tagged: debt
The Big Problem With Europe’s Reverse Debt Crisis
Analysts have been wowed by the dramatic decline in borrowing costs for core European countries—Germany, France, Belgium, the Netherlands, and Austria—at the same time as yields on Spanish and Italian bonds soar out of control. But this is really
The Big Problem With Europe’s Reverse Debt Crisis
Analysts have been wowed by the dramatic decline in borrowing costs for core European countries—Germany, France, Belgium, the Netherlands, and Austria—at the same time as yields on Spanish and Italian bonds soar out of control. But this is really
Byron Wien: I Spoke To The Smartest Man In Europe, And What He Had To Say Was Terrifying
CNBC Byron Wien Blackstone’s Byron Wien is up with a new blog post, wherein he relays a conversation he had with someone he only refers to as The Smartest Man In Europe. Wien doesn’t say who The Smartest Man In Europe is,
Byron Wien: I Spoke To The Smartest Man In Europe, And What He Had To Say Was Terrifying
CNBC Byron Wien Blackstone’s Byron Wien is up with a new blog post, wherein he relays a conversation he had with someone he only refers to as The Smartest Man In Europe. Wien doesn’t say who The Smartest Man In Europe is,
Greek diaspora tapped for donations to cancel debt
Vangelis Marinakis, the owner of Olympiakos Football Club – is said to have contributed 3,000 euros for each of the club’s 55 staff Greeks living abroad are being asked to contribute to a charity domiciled in Delaware that plans to
Greek diaspora tapped for donations to cancel debt
Vangelis Marinakis, the owner of Olympiakos Football Club – is said to have contributed 3,000 euros for each of the club’s 55 staff Greeks living abroad are being asked to contribute to a charity domiciled in Delaware that plans to
The Long Memory Of ‘The Sick Man Of Europe’
en.wikipedia.org East German police in 1989 It’s astounding just how distorted the coverage of Germany the grand Eurozone bailout scheme has been—well, at least in the English-speaking mainstream media. Time after time, we’re confronted with the inanest headlines and reports
The Long Memory Of ‘The Sick Man Of Europe’
en.wikipedia.org East German police in 1989 It’s astounding just how distorted the coverage of Germany the grand Eurozone bailout scheme has been—well, at least in the English-speaking mainstream media. Time after time, we’re confronted with the inanest headlines and reports
EU looks for bold steps, but what about voters?
By Luke Baker As Europe prepares a 20th attempt to tackle its debt crisis at a summit on Thursday, one point of discussion is getting little mention but worrying politicians perhaps more than anything else – how to keep voters
EU looks for bold steps, but what about voters?
By Luke Baker As Europe prepares a 20th attempt to tackle its debt crisis at a summit on Thursday, one point of discussion is getting little mention but worrying politicians perhaps more than anything else – how to keep voters
MERKEL: Europe Will Never Share All Of Our Debts For ‘As Long As I Live’
This comment from Angela Merkel just now is causing ripples through markets… Luke Baker at Reuters tweeted Merkel: Europe wil not have shared liability for debt “as long as I live.” #euco That sounds really intense. In two follow up tweets he
MERKEL: Europe Will Never Share All Of Our Debts For ‘As Long As I Live’
This comment from Angela Merkel just now is causing ripples through markets… Luke Baker at Reuters tweeted Merkel: Europe wil not have shared liability for debt “as long as I live.” #euco That sounds really intense. In two follow up tweets he
The Most Important Chart In Europe Is Getting Dramatically Better
Yields on Italian and Spanish bonds are dropping fast this morning, after a bond auction in Spain saw decent demand from investors. Borrowing costs remained high at auction; for example, yields on two-year notes rose from 2.069 percent last month
The Most Important Chart In Europe Is Getting Dramatically Better
Yields on Italian and Spanish bonds are dropping fast this morning, after a bond auction in Spain saw decent demand from investors. Borrowing costs remained high at auction; for example, yields on two-year notes rose from 2.069 percent last month
In Europe, Consumption Gap Widens
The euro-zone’s fiscal crisis has widened the gap between household consumption in those countries pursuing austerity programs and those that aren’t, according to figures from the European Union’s official statistics agency. Within the currency area, households in Greece, Ireland, Portugal
In Europe, Consumption Gap Widens
The euro-zone’s fiscal crisis has widened the gap between household consumption in those countries pursuing austerity programs and those that aren’t, according to figures from the European Union’s official statistics agency. Within the currency area, households in Greece, Ireland, Portugal
Who Really Wants Out of The Euro?
Bloomberg/Kostas Tsironis Most Greeks agree with the G-8 leaders who asked the country to stay in the euro after their meeting in the U.S. over the weekend, according toMetroscopia in El Pais. For all the talk of a Greek exit from
Who Really Wants Out of The Euro?
Bloomberg/Kostas Tsironis Most Greeks agree with the G-8 leaders who asked the country to stay in the euro after their meeting in the U.S. over the weekend, according toMetroscopia in El Pais. For all the talk of a Greek exit from
A different perspective 