Britain will join the Euro says Lord Heseltine
The staunch Europhile ex deputy prime minister and long term supporter of the Euro, Lord Heseltine, said on the BBC’s Politics Show that “I think we will join the Euro”. This declaration by the Tory...
View ArticleThe odds are not good for Euro survival
As far as one major bookmaker is concerned the odds of the euro surviving past 2012 are reducing sharply. Bookies William Hill are now offering odds of 3/1 that the Eurozone single currency will reach...
View ArticleNicolas Sarkozy says Europe risks disintegration
Nicolas Sarkozy has laid a stark warning to the European community that “never has the risk of disintegration been greater”. Speaking to fellow leaders in Marseille the French President attempted to...
View ArticleWhat difference does a downgrade make?
For much of last week, things seemed to be going relatively smoothly in the European economy, at least in terms of the debt crisis. Markets and investors seemed to be giving politicians a little more...
View ArticleThe long and short of the euro crisis
The past week has seen worries about euro area countries resurface in financial markets, with Spain now the main source of concern. While Portugal is likely to face further troubles down the road, and...
View ArticleMarkets stutter after French and Greek elections
The French electorate has given us the first socialist president of France for thirty years and Greece has been left in an even more volatile position with no party having a clear majority. All this...
View ArticleCountdown to Eurogeddon
With Greek politicians vying for votes ahead of the June 17th election re-run, and other European politicians making ominous noises about what will happen if the new government does not abide by the...
View ArticleEurocrisis deepens
Despite the Spanish Prime Minister’s best efforts to portray the bail out of his country’s banks as a victory, this latest propping up just shows that the problems are spreading. Marano Rajoy, Spain’s...
View ArticleSecret plans for Greek exit from the Euro
It looks like Greece’s roller-coaster ride of the Euro is about to come to an end as secret plans are drawn up for a Grexit. Now suspicions that plans were being prepared in case the country elects a...
View ArticleHas the IMF lost patience with Europe?
The euro crisis has continued to rumble on, with increasing signs that Germany is now wrestling with itself about how best to proceed. The spate of letters signed by German academics suggests that...
View ArticleDraghi makes his play
There was only one game in town today. After managing to calm markets with his promise to do ‘whatever it takes’ in July, this afternoon ECB President Draghi set out the latest plan to rescue the euro....
View ArticleAre markets being irrational about Europe?
One of the striking features of the European economy, since the start of this year, has been the dislocation between financial markets and the real economy. For all that they give misleading signals,...
View ArticleEuropeans remain to be convinced
One of the perks of being an economist is the occasional travel involved. It can be a pain sometimes, but with a bit of forward planning the odd regional roadshow can be a good way to see a new part of...
View ArticleCEBR: Conditions in Eurozone Show Scope for Monetary Expansion
Signs emerged this morning that although the Eurozone has exited technical recession, the unemployment crisis is still far from over. Official data released by Eurostat revealed that the unemployment...
View ArticleECB Rate Cut ‘Too Little Too Late’
Commenting on the 0.25% rate cut announced by the European Central Bank today, Neil Williams, chief economist, Hermes Fund Managers, said: “Too little, and far too late! “The euro-zone may be pausing...
View ArticleWhat the Ice Cream Scooper Told Me in Venice
I’m blessed to be able to travel to Europe once or twice a year. I use the trips as an opportunity to see how the economies are faring over there. And I can tell you this first-hand: the economic...
View Article
More Pages to Explore .....