eurozone periphery

After a promising first decade, the Eurozone faced a severe crisis. This column looks at the Eurozone’s short history through the lens of an evolutionary approach to forming new institutions. German dominance has allowed the euro to achieve…

The data out of the eurozone this morning were below expectations. Growth in Q1 was up just 0.2% versus an anticipated 0.4% pickup. Much of this growth came from Germany, as many countries in the eurozone saw no growth or contraction. This…

The big news in the markets today is the standoff in eastern Ukraine between pro-Russian armed rebels and the Ukrainian military. This has European markets selling off. The potential for problems in eastern Ukraine is something we should…

US data have been better European periphery market access continues to improve Dollar weakness may be China-related Gold continues to get safe haven bid China’s slowing more likely to be abrupt Ukraine has become a military issue;…

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…

Business lending in the Eurozone is very poor - flat in the major core countries and falling in the periphery. There is a desperate need to ease credit conditions for SMEs in periphery countries. The slight easing of interest rates on…

By Marc Chandler We argue that part of the euro's rise over the past several months reflects a reassessment of Spain's outlook. Many global investors had been under-weight Europe though most of H1 13, favoring the US and Japanese…

By Marc Chandler We argue that part of the euro's rise over the past several months reflects a reassessment of Spain's outlook. Many global investors had been under-weight Europe though most of H1 13, favoring the US and Japanese equities.…

My view remains that Europe is in an incipient but unstable recovery vulnerable to exogenous shocks. However, I do not believe this recovery means that crisis is over. Rather, this is a lull before continued stagnation forces Europe to make…

This column argues that the legacy of public debt resulting from the crisis in the Eurozone is a serious threat. Both the size of the problem and the options to address it make life much more difficult for policymakers than was the case in…