In June 2012, the European Commission outlined a set of proposals for dealing with failing banks in the E.U. Known as the “ …
EU
Cyprus Rescue: The Destruction of a Tax Haven
Cyprus is paying a high price for the $13 billion financial rescue it obtained from the E.U.: the destruction of a key pillar of its economy, its status as the offshore tax haven of choice for wealthy Russians
On Europe’s Thanksgiving Menu: Stiffing Greece
The E.U.’s failure to unblock loans to Athens and U.K.-budget wrangles likely will make for a rancorous summit
Curious CapitalistEurope
Europe Crisis: “Bad Romance” on a Global Scale
If there were an official anthem for the European debt crisis, it would be Lady Gaga’s “Bad Romance,” and not just because the pop star croons a few lines in French and chants the name of a continental European capital. The …
Euro Crisis: Is the Currency (Finally) Doomed?
Since the start of Europe’s debt crisis in 2009, there has been a steady drumbeat of predictions that the euro is doomed. The problems were too intractable, the debts too large, the political will too feeble. So far, the …
New Google Privacy Policy May Violate European Law
Google is facing some new flack for its new privacy policy — set to be rolled out on March 1 — after the French data protection authority said the new policy appears to violate EU law. In a letter sent to Google Monday, …
Why Europe’s Downgrades Matter
Rating agencies have just downgraded the economic outlook for seven European countries. Does that really matter, or is it just acknowledging problems that everyone already knows about?
Curious CapitalistEurope
Why the Euro Crisis Proves Stocks Are The New Bonds
Woe to the unfortunate souls still exposed to European debt. The smart money (read: people like Warren Buffett and the world’s more successful hedge funders) got out of it a year and a half ago. It almost doesn’t matter …
Is Europe’s Crisis a Glimpse of America’s Future?
The problems caused by rising debt are fundamentally different in the U.S. from those in Europe, but they are equally daunting.
What the Greek Debt Crisis Means for You
The problems in Europe will negatively affect the U.S. but also create a few opportunities
Should Greece Ditch the Euro?
Talk about drama. German Chancellor Angela Merkel, French President Nicolas Sarkozy and Greek Prime Minister George Papandreou emerged from an emergency meeting on Wednesday evening with a bombshell: Greece will have to decide if …
Why Americans Should Care About The EU’s Proposed Financial Services Tax
The European Union‘s proposed $78 billion a year financial transaction tax will take a bite out of the portfolios of American investors, according to the Financial Services Roundtable, a leading U.S. lobbying organization.