Euro crisis: how will it affect me? ; What caused the European debt crisis, how long will it last, and how worried should we be? Paul Farrow asks the expertsPaul Farrow
Myths, Mix-ups and Mishandlings: What Caused the Eurozone Crisis? The Eurozone crisis has been wrongly interpreted as either a crisis of fiscal profligacy or of deteriorating unit-labour cost competitiveness (caused by rigid labour markets), or a combination of both. Based on these diagnoses, ...
Some believe that the crisis was fundamentally caused by profligate, irresponsible behavior by governments and individuals in the EZ periphery. (Note: by the “EZ periphery” I mean Greece, Portugal, Ireland, and maybe Spain. Italy has not really been accused of such behavior, to my knowledge,...
Euro debt crisis 101: What can Merkel, Sarkozy plan accomplish?(World)(Angela Merkel and Nicolas Sarkozy)(Brief article)Steininger, Michael
The world is understandably impatient for Europe’s leaders to resolve the crisis that has festered for two years, but if you consider that the very futures of centuries-old nation-states are at stake, change is actually happening at breakneck speed. It is difficult to see exactly how the la...
2023 will be a year full of uncertainties for Europe. Since the start of the Ukraine crisis, the European Union (EU) has shown "solidarity" with the United States out of security concerns and has imposed nine rounds of sanctions on Russia, which have backfired. ...
Tether is one of the most popular stablecoins around today. In this post, I’ll explain what a stablecoin is, what Tether is and how it works.
The question of what a security is has come up a lot since cryptocurrencies have gained popularity. Whether or not these assets count as securities matters a lot to crypto investors. If an asset isn’t a security, it generally isn’t regulated by the U.S. Securities and Exchange Commission...
That has forced the EU to introduce measures like ECB guarantees for the debt issued by member states in response to market turmoil caused by theEuropean sovereign debt crisis.5National governments and central banks remain constrained in responding to economic conditions in their country by their rel...
Certain member states—Greece, in particular, but also Ireland, Spain, Portugal, and Cyprus—pursued policies that created high national deficits. This phenomenon was later referred to as theEuropean sovereign debt crisis. These countries could not resort to thedevaluationof their currencies and were...