Two years ago this month I was in Madrid reporting a story on the troubles of the Spanish economy and what they meant for Europe and its debt crisis. And here I am today writing about the troubles of the Spanish economy and what …
Spain
Inside Yesterday’s Stock Market Rally
The markets got back their mojo Tuesday, with the S&P 500 gaining 1.6%, the Nasdaq climbing 1.8%, and the Dow Jones Industrial Average jumping 1.5%. Apple, the stock that broke the market’s back in recent days, rocketed 5.1% …
Spain’s Death Spiral and the Hypocrisy of the Euro
Anyone out there who thinks the euro zone debt crisis is over – and you know who you are – should take a good look at what’s going on in Spain. If Italy represented the biggest threat to the euro in 2011, then Spain will be …
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 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.
Why France — Not Greece or Italy — Will Decide the Fate of the Euro
France’s own economic problems will soon make it unable to help bail out weaker European countries. When that happens, the euro game will be up
Will Italy Bring Down the Eurozone?
Forget Greece. The biggest question mark in the never-ending eurozone debacle is now Italy.
European markets have been getting slammed over fears that Italy may be the next domino to fall. But why is Italy — whose debt problems have until now been on the back-burner — suddenly feeling the heat? First, eurozone finance ministers have …