Southern Europe

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  • Is Southern Europe Uncompetitive?

    forbes.com 5 days, 14 hours ago

    Like Paul Krugman I essentially agree with Wolfgang Munchau's piece in the FT, though I think effectively unlimited liquidity injections can also save the Eurozone and avoid a breakup and in my opinion are less messy than attempting to introduce a bank resolution regime in the midst of an on going crisis. Yet, like Paul ...

  • Southern Europe Leaders Seek Ally In France's Hollande

    yahoo.com 3 weeks, 3 days ago

    MADRID/ROME (Reuters) - The election of Francois Hollande in France gives the leaders of struggling southern European countries a new ally in their effort to temper the German-led drive for rigid austerity that has exacerbated their economic woes. Socialist Hollande's victory breaks up the centre-right tandem of his predecessor Nicolas Sarkozy and Germany's Angela Merkel, whose European fiscal pact demanded deep spending cuts in Italy, Spain, Portugal and Greece. ...

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