Creditors wonder if it is a case of wishful thinking
Greece
Want to Double Your Savings? Try Lending to Greece Mid-Crisis
The world’s top performing bond-funds bet on Greek debt in the middle of the crisis and won, big time.
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
Strapped Europeans Swap Cars For Bikes
Italy is home to Ferrari and Lamborghini, two of the world’s most legendary automakers. But the country’s troubled economy has forced an increasing number of Italians to downside the number of wheels on their vehicles: For the …
In Depressed Athens, a Money Museum Tries to Turn the Tide
As the people of Greece anticipate an even deeper slump and a possible abandonment of the euro, the central bank unveils a museum chronicling the history of money. This is what passes for financial education.
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
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 …
The Euro Crisis: Why Greece’s Election Doesn’t Matter
Despite all the attention focused on Greece’s latest election, the results won’t alter the course of Europe’s widening debt crisis
Greek Voters Provide a Respite for the Euro, but for How Long?
Europe may be relieved by the outcome of the Greek parliamentary elections, but there are still significant obstacles to overcome for Greece to remain in the euro zone
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
Curious CapitalistEurope
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 …