/home/u159596361/domains/fairobserver.com/public_html/wp-content/uploads/2019/05/Eurozone-Italy-Italy-news-news-on-Italy.jpg

Italy Must Leave the Eurozone

May 20, 2019

Italy joined the eurozone in 1999 under the leadership of Prime Minister Massimo D'Alema of the Democratic Left party. This fateful participation, which entailed the complete loss of independent monetary policy, is undoubtedly the main cause of the disappointing performance of the Italian...

Burdened by High Debt, European Banks Face a Reckoning

March 06, 2016

European banks haven’t recovered as well as American banks from the financial crisis. Investors have sold off shares as banks face tighter margins and an ongoing slowdown. Bank stocks are taking a drubbing globally, but the picture is a bit more glum in Europe. The Stoxx Europe 600 Banks Index...

A Troubled 2015 Gives Way to a Tense New Year in Europe

January 09, 2016

As tension rises in Europe amid a migrant crisis, terrorist threats and anti-austerity sentiment, will the EU disintegrate? For Europe, there were a few topics dominating headlines in 2015, notably the migrant crisis, Islamic State terrorist attacks and threats, and anti-austerity movements....

Despite Problems, Greece’s Economy Has Growth Potential

February 24, 2015

Greece’s future needs to be underpinned by a credible plan that focuses on private sector-led growth, argues former Prime Minister John Bruton. It is important to note that the recession in Greece has been much deeper than expected by those who agreed the original bailout package in 2010 — a...

Greece Will Stay in the Euro… For Now

February 24, 2015

Greece’s loan extension agreement will keep it in the eurozone for the time being, but there are no guarantees it can become a responsible member. The Greek government has agreed to a four-month extension of its existing bailout program. Widely seen as a move away from the brink of a eurozone...

The World This Week: Fasten Your Seatbelts

January 23, 2015

Founder & Editor-in-Chief Atul Singh provides a roundup of the week’s events. The bigwigs at the European Central Bank (ECB) have decided to emulate the US Federal Reserve. The ECB will begin quantitative easing (QE) by buying both government and private bonds. In doing so, it might create...

This is How Greece Might Leave the Euro

January 08, 2015

Germany and the European Central Bank may not come to the rescue this time. An interesting month lies ahead for the euro area. On January 22, the European Central Bank (ECB) will meet and they will either announce a QE-style monetary policy action, as most expect by now, or they will disappoint...

How to Solve the Problems of Europe’s Second Biggest Economy

October 30, 2014

The French are spending more money abroad than they are earning from abroad. I recently attended a conference that looked at France’s domestic economic situation, and the impact that has on the country’s global and European role. According to budgets published in October, France and Italy...

Beware Euro Area: Bond Markets Are Fickle

October 15, 2014

The EU’s system for keeping euro state budgets on track is as important as ever, especially when interest rates are low. Bond markets are notoriously fickle. They often seem to be driven by sentiment rather than deep analysis. The experience of 2006-08 shows they are not infallible. They are...

Eurozone Growth: Stagnation or Recovery?

August 24, 2014

A battle between pessimism and optimism is being waged about whether Europe is stuck in a quagmire or marching back to growth. Euro area growth rates continue to be disappointing. Despite all the excitement that the launch of a new currency in 1999 brought to Europe, since 2007 we have witnessed...

Load More