Here is the collection of articles related to European Economy
Economy, Europe. 1 November, 2011, 19:46 European Debt Crisis: This Is How You Should Think About It
This is why the European “solution” has not been working, and will not work to really solve the debt crisis, once and for all.
Economy, Europe. 1 November, 2011, 17:18 Willkommen Herr (Super Mario) Draghi
Mario Draghi takes over the throne of the president of European Central Bank. Let us give him a warn welcome.
Economy, Europe. 1 November, 2011, 15:57 After Mania Comes Depression: Italian Yields Blow Out
Italy’s government bond yields are higher, and the Italian-German yield spread is reaching new Euro-era record high.
Economy, Europe. 1 November, 2011, 3:23 Greece To Hold Referendum On EU Rescue Package
Greek government will have a vote of confidence on Friday, and will hold a referendum on the EU bailout plan.
Economy, Europe. 30 October, 2011, 4:57 Bailout From China Should Be The Last Thing Europe Wants
By asking China for help, Europe will actually hurt themselves.
Economy, Europe. 29 October, 2011, 18:02 EURO INSANITY: EFSF Considers Issuing CNY-Denominated Bonds
In order to lure China in bailing out Europe, the EFSF chief wants to issue bonds denominated in Chinese Yuan.
Economy, Europe. 28 October, 2011, 17:56 Italian Bond Market Is Not Impressed
Italy’s latest bond auction was not going well, as the 11-year bond was sold at 6.06% yield. 10-year yield is back up above 5.9%.
Economy, Europe. 27 October, 2011, 17:27 Wolfgang Münchau: 120% Debt/GDP Ratio by 2020 = 9 Years Of Strikes In Greece
Wolfgang Münchau is not impressed by the latest deal to save Euro, being sceptical about both the debt sustainability and the EFSF leveraging.
Economy, Europe. 27 October, 2011, 14:51 Problem Solved? EU Agreed On Greek Debt Haircut And EFSF Leveraging
After the summit, EU leaders agreed on 50% haircut of Greek debt and the bond insurance and leverage of the EFSF. Problem solved for now, so it seems.
Economy, Europe. 26 October, 2011, 21:42 Greek Debt Talks Said To Be Deadlocked And Suspended
Bloomberg latest headlines suggest that the Greek debt negotiation is in a deadlock.
Economy, Europe. 26 October, 2011, 21:18 Euro Crisis Summit Day: War, Pigeon, Haircut And Leveraging EFSF
Angela Merkel talked about war and peace, a carrier pigeon is dead, and IMF thinks that even 60% haircut on Greek debt isn’t enough.
Economy, Europe. 26 October, 2011, 18:03 China To Bailout Europe? EFSF Chief To Fly To China
While EFSF’s Regling is going to China to ask for money, please note that China cannot possibly be saving Europe.
Economy, Europe. 25 October, 2011, 21:40 EU Finance Ministers Meeting Is cancelled
Tomorrow’s European EcoFin meeting which is supposed to solve the problem of the debt crisis is reportedly cancelled.
Economy, Europe. 24 October, 2011, 16:38 Flash Eurozone PMI Falls To Lowest Since July 2009
Meanwhile, the flash Eurozone PMI from Markit shows weakness across the board, and gets to the lowest point since July 2009.
Economy, Europe. 24 October, 2011, 2:14 The Weekend European Summit: Nothing Much Achieved
Not surprisingly, the latest weekend European summit has achieved practically nothing. Meetings to be held again on Wednesday.
Economy, Europe. 23 October, 2011, 13:17 The “Pointless” EU Summit That Will Probably Solve Nothing
Belgian finance minister left the summit early to watch film, while Germany and France are arguing and pretending that there will be a breakthrough on Wednesday.
Economy, Europe. 20 October, 2011, 16:05 £250,000 For A Plan To Break-up The Eurozone, Anyone?
Lord Wolfson is offering £250,000 to economists to submit plans to break up the Eurozone in an orderly manner.
Economy, Europe. 19 October, 2011, 23:31 Paul Donovan: There Will Be 5 Years Of Rolling Crisis In Europe
Paul Donovan of UBS thinks that there will be 5 years of rolling crisis in the Eurozone, and he thinks economists will run the world in a perfect world.
Economy, Europe. 19 October, 2011, 2:23 A Few Quick Thoughts On the European Crisis
The Euro crisis isn’t going away despite relative calmness in equities for the past 2 weeks. Meanwhile, equities are still going according to the 2008 playbook.
Economy, Europe. 12 October, 2011, 20:04 The European Sovereign Insurance Mechanism
Allianz proposed, among other things, a European Sovereign Insurance Mechanism recently to tackle the European debt crisis.