European Debt Crisis

Politics of More Importance Than Economics for the Eurozone

Jeremy Cook | Posted 15.08.2014 | UK Politics
Jeremy Cook

Mario Draghi reminded everyone gathered in Frankfurt and listening in around the world that it is not the ECB's decision as to whether to go ahead with asset purchases. Firstly, Eurogroup leaders would have to vote on it.

Geopolitics and Globalization Endanger Project Europe

Andy Langenkamp | Posted 21.07.2014 | UK Politics
Andy Langenkamp

Should optimistic views about globalization like those of Michael Mandelbaum hold true, Europe may manage to defuse the crisis as new markets open, economic ties strengthen, and member states realize they have a common goal. Namely, to increase prosperity and profit from the ongoing technological innovation.

Hezza Thinks Britain Will 'One Day' Join The Euro

The Huffington Post UK | Asa Bennett | Posted 02.04.2014 | UK Politics

Britain will "one day" ditch the pound and adopt the Euro as its currency, Tory peer Lord Heseltine has predicted. Asked by the New Statesman if it...

EU Exit Talk Is 'Anti-Jobs And Anti-Business', Warns Balls

The Huffington Post UK | Asa Bennett | Posted 01.04.2014 | UK Politics

Ed Balls has warned that "even talking" of Britain leaving the European Union is "anti-jobs and anti-business" as it would create "huge uncertainty" f...

Everyone Wants to Go to Heaven But Nobody Wants to Die

Andy Langenkamp | Posted 04.05.2014 | UK Politics
Andy Langenkamp

Europe will not strongly recover in the course of 2014. It would require many reforms at national and European level, which are not (yet) feasible. For the moment, Europe will have to make do with a patchwork of stopgaps, which is adjusted gradually, in incremental steps.

It's Crunch Time at the ECB

Jeremy Cook | Posted 30.04.2014 | UK
Jeremy Cook

Much like sporting events can be histrionically promoted as 'crunch matches', 'the day of reckoning' or similar, recent meetings of the world's central banks have often been given a similar billing. However, it's safe to say that the impact of these economic planning meetings lasts longer than any bangs and scrapes picked up in a 90 minute kick about.

Happy New Year EU! May 2014 Be the End of Your Ages...

Dr Mark Esposito | Posted 27.02.2014 | UK Politics
Dr Mark Esposito

The EU cannot really afford to slow down even though it is about to go into a parliamentarian transition, next May. The reasons for national governments to make the necessary reforms to help SMEs grow will become one of Europe's most expected actions. Not doing enough does not only prevent the EU from becoming more competitive; it is a recipe for more problems down the road...

Europe's Recession-Hit Economies Must Say 'Si' to Creativity

Johan Fourie | Posted 17.02.2014 | UK
Johan Fourie

It is a truism that creativity can create something special from nothing; just look at the "starving artist" ideal made popular by Picasso and Modigliani, Orwell's Road to Wigan Pier, or today's recession-busting artists such as Banksy...

Bitter Sweet Symphony for Structural Reforms?

Andy Langenkamp | Posted 25.01.2014 | UK Politics
Andy Langenkamp

Britpop's predictive powers A tumultuous storm followed the 2008 credit crisis. To calm it, the governments administered liquidity injections with th...

What Is Driving the Greek Stock Market Recovery?

Martin Koehring | Posted 23.01.2014 | UK
Martin Koehring

Amid the debt crisis and concomitant economic depression, the Athens Stock Exchange (ASE) lost 91% of its value between its peak in late October 2007 ...

Following a Quiet Euro Summer, a Stormy Fall and Icy Winter

Andy Langenkamp | Posted 15.10.2013 | UK Politics
Andy Langenkamp

In central and eastern Europe political and economic distress is on the increase. Growth expectations are adjusted downwards in Poland, Hungary, the Czech Republic, Romania and Bulgaria where corruption, authoritarian tendencies, and outright political crises are rife.

Why Germany Is Still Recovering Its War Dead

David Crossland | Posted 15.10.2013 | UK
David Crossland

Quietly and methodically, Germany has been recovering the bodies of hundreds of thousands of its soldiers who fell on its Eastern Front in the bloodie...

Living Through a Crisis: Greece Under Austerity

Emily Stacey | Posted 10.09.2013 | UK
Emily Stacey

On the beaches, the picture is worse. Dimitri has run a popular local beach situated in one of the island's liveliest towns for over twenty years. This year, however, he has suffered under the tight grip of the government.

Greece's New Focus on Exports

Martin Koehring | Posted 20.08.2013 | UK
Martin Koehring

The Greek government and its EU/IMF creditors want Greece to attract investment (especially from abroad) and boost exports in order to bring about economic recovery. But Greece has traditionally been a relatively closed economy that is only slowly opening up.

ECB Cannot Save Euro; Crisis Back With Vengeance?

Andy Langenkamp | Posted 15.07.2013 | UK
Andy Langenkamp

Edward Markus - founder, owner and chief analyst of ECR Research and ICC - is coauthor of this blog. Austerity vs Growth The focus in Europe is ...

ECB Rate Cut Points to a Lack of Collective Confidence

Jeremy Cook | Posted 03.07.2013 | UK
Jeremy Cook

The ECB has decided to cut rates by 25bps to a record low of 50bps this week, in a move that was widely expected. Despite much of the reporting of thi...

If Macroeconomic Trends Persist, the Rest of the Eurozone Will Find It Difficult to Share a Currency With Germany

Neil Prothero | Posted 19.06.2013 | UK
Neil Prothero

The euro zone needs German inflation to rise, so as to address the imbalances in competitiveness between member states without condemning much of the currency union to semi-permanent slump and unsustainable indebtedness.

Portugal's Effect on the Eurozone

Ben Jones | Posted 12.06.2013 | UK Politics
Ben Jones

The decision on April 5 by Portugal's Constitutional Court to strike down a number of savings measures contained in the government's 2013 budget has increased the chances that Portugal will need a second bail-out and shortened the odds on an early election.

Inflation - It's Coming Round the Curve

Nick Beecroft | Posted 11.06.2013 | UK
Nick Beecroft

Even in the depths of global economic despair in 2009 when we needed really aggressive monetary policy, the measures used and the quantum of money printed as Quantitative Easing was much too timid, and anyway it got stuck in the bowels of banks' balance sheets as excess reserves as they were all too terrified of lending money on to real people or businesses, as the policy intended.

CAPTION COMPETITION: What's Merkel Up To?

The Huffington Post UK | Posted 09.04.2013 | UK

SEE ALSO: April Fool Or Does Snap Show German Chancellor Angela Merkel Aged 18 At Nudist Beach? With a eurozone in crisis, Cyprus on the brink and ...

Mehdi's Morning Memo: Poor Savers Saved; Rich Russians Screwed

Huffington Post | Mehdi Hasan | Posted 25.03.2013 | UK Politics

The ten things you need to know on Monday 25 March 2013... 1) POOR SAVES SAVED; RICH RUSSIANS SCREWED What is it with politicians and late-Sunda...

Cyprus Savers Could Be Hit With Up To 25% Levy

The Huffington Post UK | Posted 23.05.2013 | UK

British savers and companies are facing a nervous wait with negotiations over a bailout deal for Cyprus on a knife-edge, with the EU's finance commiss...

Ireland: Looking for the Exit

Robert O'Daly | Posted 12.05.2013 | UK Politics
Robert O'Daly

Ireland still has a way to go to ensure the sustainability of its public debt. Without a return to solid economic growth, reducing the government debt stock of almost 120% of GDP will be an arduous task.

The Italian Election Is a Game Changer for Governments of the Left and Right

Jonny Mulligan | Posted 28.04.2013 | UK Politics
Jonny Mulligan

This is a potential game changer and a warning for austerity politicians from the third biggest economy in Europe. Watch the fear spread throughout the political classes.

Italian Elections: A Fellinesque World

Georgi Kantchev | Posted 28.04.2013 | UK Politics
Georgi Kantchev

Even though Fellini was not around to direct them, the recent general elections certainly look like they are following his scripts.