Creation of euro-zone supervisor for banks is a breakthrough, but agreement contains some big (and small) loopholes
Europe
What Mario Monti’s Exit Tells Us About Europe’s Debt Crisis
The ultimate lesson behind the Monti story in Italy is that, in the short to medium term. Europe’s economic health and its debt crisis have not fundamentally improved
How U.S. Firms like Google and Amazon Minimize Their European Taxes
Some tax ‘loopholes’ are legal, but could nonetheless hurt firms’ image with consumers.
Europe’s Crisis Measures Are Working…Sort Of
Recession shows no sign of ending and unemployment is rising, but deficits and labor costs in some the crisis-hit countries are coming down
The Latest Greek Debt Deal: Why This Time Is Different
Even if this latest agreement is far from perfect, it is — amazingly — a positive sign
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
Whoever He Is, the President Elect Will Quickly Face an Economic Crisis
The U.S. is confronting a dizzying array of financial issues that will have to be dealt with early next year.
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.
Right Business, Right Time: Struggling Economy Means Boom Times for Discount Grocer Aldi
The newest grocery store in Manhattan has less than half the selection of a typical supermarket, and features brands you’ve never heard of. And the grocery chain in question, Aldi, is enjoying a remarkable success streak, with …
Why the Euro Crisis Is Nowhere Near Being Over
Bailouts and easy money won’t be able to resolve the structural problems of the euro zone, and increasing austerity won’t fix things either.
Disney’s $1.7 Billion French Birthday Gift
Walt Disney Co. refinances debt associated with the struggling Euro Disney resort
More Relief for Euro as German Court Gives OK to Bailout Fund
Second important decision in the euro’s favor in less than a week sparks rally in stocks and on currency markets