Euro
German proposal: Suspend Greek sovereignty as price of financial aid
January 31, 2012Germany's Role in Europe and the European Debt Crisis The German government proposed last week that a European commissioner be appointed to supplant the Greek government. While phrasing the German proposal this way might seem extreme, it is not unreasonable...
Moldova gets 13 million euro from EU for the Transnistrian region
January 10, 2012By Valeriu Gonta / Chisinau / Moldova.org / -- The government of the Republic of Moldova has signed today the Financial Agreement between Moldova and the European Union regarding the “Measures for strengthening the trust.” The document was...
Steps to resolve the Eurocrisis
December 12, 2011By Thomas Kleine-Brockhoff/ GMF/ CAMDEN, Maine (USA) -- Once again, Europe’s leaders did not brandish the big bazooka that the markets are crying out for. Instead, Europe is doggedly pursuing its step-by-step approach as introduced several summits...
Default in the Eurozone - the impact for the Transatlantic economy
September 22, 2011By Joe Quinlan and Peter Sparding / Washington / GMF / -- A specter is haunting Europe — the specter of default in the eurozone. At the core of the problem is Greece — one of the smallest yet most heavily indebted economies in Europe. The...
Eurozone economy grows 0.8% in the first quarter
May 13, 2011Chisinau / Moldova.ORG/ -- After nearly three years of economic turmoil, Greece returned to growth in the first three months of 2011, helping the wider Eurozone grow by more than anticipated. Eurostat, the EU's statistics office, said Friday that the...
Crouching tiger, sitting bull: Taking advantage of Ireland’s vote of confidence
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March 05, 2011Leading up to the crucial European Union Council summit of March 24-25, Europe’s leaders are figuratively flipping a coin, specifically a Greek 2€ piece that portrays Europa being abducted — or seduced — by Zeus in the form of a...
Where are markets heading to? Two scenarios for 2011
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February 03, 2011Mutual relations, which characterize markets (to others these may be economic aggregates) allow us to define likely tendencies in specific areas. Firms use these to make strategic decisions regarding the scale and place of production/provision of services...
January 18, 2011News of its immediate demise is premature: the euro is here to stay, for two very simple reasons. First, no member country can be forced out of the eurozone, and none will choose to leave voluntarily. The consequences would be disastrous -- for that...
Days of euro reckoning loom in 2011
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January 04, 2011By Bruce Stokes 2011 promises to be the year when the European sovereign debt crisis finally comes to a head. Cascading political and financial deadlines in the first third of the year threaten to dramatically accelerate what had heretofore been...
China offers support to eurozone
December 23, 2010China has offered its support to eurozone countries to help them through the debt crisis that has gripped the region. "We are ready to support the eurozone to overcome the financial crisis and realise economic recovery," said foreign ministry...