More than one kind of damaging domino effect is possible if Greece is forced to abandon the euro
Europe
Is a Greek Exit from the Euro Inevitable?
Is the Stock Market Wildly Overoptimistic?
Stocks appear to be flying too high in light of the enormous number of risks that the U.S. economy faces over the next 12 months.
European Voters Have Rejected Austerity—So What Happens Next?
Ballot Box Breakdown: How Europe’s Elections Will Heat Up the Debt Crisis
There have been many flaws in Europe’s strategy to resolve its ongoing debt crisis: The unreasonable obsession with austerity. The persistent reluctance to commit sufficient financial resources. The stubborn rejection of …
4 Ways the Euro Could Fail
All courses of action appear to lead to an eventual financial crisis of some sort. But moderate progrowth policies are the best bet to minimize the damage
Why We Should Worry About Spain’s Economic Pain
The Future of the Euro: Why Sentiment Alone Can’t Save the Union
Being an American journalist reporting on the troubles of Europe is sometimes an ego-damaging experience. I regularly encounter economists, officials and other Europeans who take the attitude that we Yanks just don’t understand
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Riots Redux? As British Economy Slips in Double-Dip Recession, Anniversary of Last Summer’s Unrest Looms
For Britons, a sense of fair play rates up there with stoicism and reserve as a treasured national attribute. But particularly for Britain’s younger generation, there’s a sense the values of fairness are confined to the cricket …
Democracy Could Destroy the Euro
Upcoming elections in France and elsewhere will likely show massive popular resistance to the austerity policies needed to save the common European currency
Christine Lagarde: Emerging Market Nations Will Get More Power in the IMF
Christine Lagarde, managing director of the International Monetary Fund (IMF), sees no alternative to the strict austerity policies being imposed on many peripheral European countries, says the double dip recessions in Italy and …
Why Germany Should Leave the Euro Zone
The departure of Germany would take pressure off the weaker countries, and the costs of breaking up the euro zone will have to be paid no matter who leaves