Despite narrowed credit spreads, receding break-up speculation, and climbing stock prices, questions about Europe’s recovery remain
Spain
For the First Time Since WWII, Bikes Outsell Cars in Europe
The big flip in transportation coincides with a big dip in household wealth
More Barely Good News From Spain: Jobless Rates Down by a Hair
After two years of grinding recession, even the slightest sign of a recovery is grounds for celebration
Spain Plays Cat-And-Mouse Over Bailout
An upcoming E.U. summit on banking union is being overshadowed by speculation over whether Spain will apply for financial rescue.
When Central Bankers Attack: Why Ben and Company Can’t Save the Global Economy
New action by central banks around the world has cheered markets, but the boost will only be temporary
Why a Euro-Zone Crisis Can’t Be Avoided Very Much Longer
Each postponement of financial disaster in the euro zone seems likely to last for a shorter time, and the U.S. won’t be able to escape the fallout indefinitely
Spain on Edge as Focus Shifts from Banks to State’s Finances
As Spanish antiausterity protesters take to the streets, financial markets switch focus from the nation’s messed-up banks to the wobbly state of its finances
Why Thursday’s Euro Summit Really Is a Make-or-Break Moment. Really.
Once again, leaders of the 27 European Union nations are holding a crisis summit meeting to tackle a spreading economic crisis and shore up the floundering euro. Once again there are ambitious proposals on the agenda of the …
Why Spain’s Big Bank Bailout Is Really a Big Bust
Spain’s banks received a pledge for a huge rescue package from the European Union over the weekend. But some experts believe the bailout may end up causing more pain for the Spanish government in the long run
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 …
Which Advanced Economy Has the Most Debt?
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 …