With all the talk of Greece’s impending exit from the euro zone, debt is once again in the headlines. Greece’s massive public sector debt, coupled with its inability to devalue its currency, has put the country at risk of …
Greece
Euro Crisis: Why a Greek Exit Could Be Much Worse than Expected
More than one kind of damaging domino effect is possible if Greece is forced to abandon the euro
Is a Greek Exit from the Euro Inevitable?
European Voters Have Rejected Austerity—So What Happens Next?
Curious CapitalistEurope
Europe’s Economic Woes: That Sound You Hear Is the Euro Cracking
A breakup in the euro zone just got more real with the announcement of the short list for the Wolfson Economics Prize, a prestigious economics award that has the biggest payout (£250,000, or about $400,000) after the Nobel …
Why Portugal May Be the Next Greece
The worst is over for the euro zone, the experts say. But Greece isn’t really fixed and Portugal could become a second big problem before year-end
Curious CapitalistEconomy & Policy
Is America’s Economic Recovery Real?
That’s the $64,000 question, particularly for the U.S. presidential elections – if things keep improving, it’s only good news for Obama. The economy has been on a roll this year, with unemployment down, consumer and …
Can a Second Bailout Save Greece?
After months of delays, arguments and doubts, euro-zone finance ministers agreed on a second, $170 billion bailout of beleaguered Greece in the early hours of Tuesday morning. The agreement will not only provide fresh financing …
What Happens if Greece Doesn’t Get a Bailout?
After the Greek Parliament on Sunday passed yet another package of austerity measures demanded by its euro-zone neighbors — this one worth $4.4 billion — the path seemed clear to finalizing a long-delayed, second bailout of …
Europe’s Debt Crisis: Back from the Brink?
So it looks like Greece will dodge a default, at least for now. The Greek parliament passed a new $4.4 billion austerity package on Sunday, which includes a painful 22% cut in the minimum wage and 150,000 public sector job …
Why the Latest Euro Zone Debt-Crisis Agreement Shows How Europe Just Doesn’t Get It
I just landed in Rome for some on-the-ground reporting on the latest twists and turns in the euro-zone debt crisis, and I immediately got some sound insights from our reporter here, Stephan Faris. Faris watches the situation in …
Why the Eurozone Can’t Just Muddle Through
There’s a growing optimism that the common European currency can be saved, but the numbers argue that this is unrealistic.