Eurobonds

At the weekend, I noticed that the Italian Prime Minister Giuseppe Conte was still touting so-called coronabonds to deal with the devastating impact of this pandemic on Spain and Italy. For some northern European policy makers, this is a…

German Finance Minister Wolfgang Schäuble talked to German weekly Der Spiegel about the election of Emmanuel Macron as French President, and this interview is being widely quoted in the English-language press without benefit of a…

Eurobonds are one way of tying the fortunes of eurozone countries together by eliminating - or at least greatly reducing - default risk. The thinking is that if you have a common currency and free labour movement and you still don’t have…

By Andrea Terzi originally published at Social Europe and republished with consent of Author The anti-austerity vote in the European elections reflected two different kinds of discontent. One is a feeling of frustration, which is…

It’s not fashionable to be optimistic about Europe. But I have been a Europe bull since last April when we moved from the front-loaded austerity paradigm to a backloaded paradigm. And beginning in June 2013, I saw the data moving in that…

With Ireland and Spain poised to leave Europe’s bailout mechanism, Europe appears to have weathered a very big storm. Yet, the Eurozone is still wracked with joblessness and economic growth remains elusive. What’s more, Europe’s…

This morning I made the argument that the global economy is growing across the breadth of developed and developing economies. I still have a problem with Europe though as I believe the risk is to the downside. Basically, the policy response…

I wrote a post earlier in the week at the New York Times on Eurobonds. I will be on RT at 4:30PM Eastern talking about Europe and the global economy. Here's my basic conclusion on Eurobonds

The EU informal summit will be held over a dinner and despite the attention it is receiving, it still seems unreasonable to expect anything concrete. Today's informal EU summit is not the real thing. It is out of the late June summit that a…

The talk about Greece being kicked out of the euro zone has clearly been overdone. Some have suggested that the Germans had reached their fill and that they would 'stare the Greeks down' in this high stakes game of chicken. I have…