Euro Financial Crisis News & Analysis

COVID-19: Make or Break Time for the Euro

euro, cc Flickr Enrico Matteucci, modified, https://creativecommons.org/licenses/by/2.0/

The Greek sovereign debt crisis left cracks in the foundation of the grand experiment of the euro. Will COVID-19 pry them open?

Amid Budget Uncertainty, Italian Debt Holders Quietly Head for the Exits

EUItalyflag, cc Flickr Ewan Topping, modified, https://creativecommons.org/licenses/by/2.0/

Nervous investors are shedding Italian debt ahead of the new coalition government’s first budget.

Global Forecast (05-28-2018)

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New elections loom in Italy, the Trump-Kim summit gets back on track, and a Congressional bombshell on China Communist Party subversion in New Zealand.

Global Forecast (04-17-2018)

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Ambivalence in the United States on new Russia sanctions, a Jupiter rises to defend democracy in Europe, and the IMF predicts solid global growth for 2018.

Hungarian Voters Deal a Blow to the European Union

Orban, cc Flickr European People's Party, modified, https://creativecommons.org/licenses/by/2.0/

Viktor Orbán’s decisive election victory sets the stage for a long-delayed East-West battle over what lies at the heart of the European Union.

Italy: Still Part of the PIGS Club?

EUItalyFlag, CC Flickr Ed Uthman, modified, https://creativecommons.org/licenses/by-sa/2.0/

Has austerity and EU intervention forestalled the possibility of a Greece-like repeat in Italy, or merely delayed it?

CDU-SPD Coalition Deal Reached in Germany

cc Flickr SPD Schleswig-Holstein, modified, https://creativecommons.org/licenses/by/2.0/

After heaping concessions onto the final deal with the SPD, Angela Merkel might just get her fourth term as Germany’s chancellor.

Coalition Talks to Impact Economy, EU Policy in Germany

MerkelEPP, cc Flickr European Pepole's Party, https://creativecommons.org/licenses/by/2.0/, modified

Angela Merkel is poised to come out on top in next week’s Germany elections, but coalition negotiations will be anything but easy.

Greek Bailouts: From Impasse to Breakthrough and Back Again

Greece flag AI generated, Generated by Google Gemini on August 5, 2025.

A sense of déjà vu has descended on talks over the next tranche of bailout funding for Greece.

Merkel’s CDU Defeat in 2016 Regional Elections

cc Olaf Kosinsky, modified, https://commons.wikimedia.org/wiki/File:2016-12-06_Angela_Merkel_CDU_Parteitag_by_OlafKosinsky_BT0A5699.jpg

Germany’s Angela Merkel is holding the line on the “open door” policy, and it’s costing her party at the ballot box.

ECB Policy Measures Proving Ineffective

Generated by Google Gemini on August 5, 2025.

The ECB has been getting less bang for its quantitative easing buck of late.

GPM Economic Outlook: France

cc Kanishk0001, modified, https://commons.wikimedia.org/wiki/File:Eiffel_Tower_at_Night_in_Paris.jpg

France has posted some encouraging GDP growth numbers in 2015 so far, but high debt levels and some uncompetitive sectors leave it vulnerable in the event of another global economic downturn.

Analysis: Weekend Marathon Talks on a ‘Grexit’

Greece Flag, Generated by Google Gemini on August 6, 2025.

Tsipras’ referendum gambit appears to have failed, and the final round of talks to avoid a ‘Grexit’ are deadlocked as ever ahead of a Monday deadline.

The Global Debt Bomb: From One Crisis to the Next

The US federal debt has more than doubled since this photograph of the debt clock was taken in 2009. cc Flickr Nick Webb, modified, https://creativecommons.org/licenses/by/2.0/

Debt is growing faster than productivity in economies worldwide, restricting options for policymakers and increasing the likelihood of another financial crisis.

Analysis: What’s Next for Greece?

Greece flag AI generated, Generated by Google Gemini on August 5, 2025.

Greeks voted overwhelmingly against accepting the euro zone’s offer of more austerity over the weekend. But what happens next?

The Greek People Should Vote No

Abstraction of ECB-Greece tensions, Generated by Google Gemini on August 5, 2025.

The austerity model championed by Germany and its troika partners has failed. Now the Greek people have a chance to seal austerity’s fate, and in doing so revitalize a monetary union that has lost its way.

Analysis: What Greece Owes

Generated by Google Gemini on August 5, 2025.

Euro zone states, the European Central Bank, and the International Monetary Fund are most exposed should Greece default.

A Week of Crisis for Greece and Global Markets

Generated by Google Gemini on August 5, 2025.

When the dust finally settles, this week will be remembered for its market volatility – not as the time when Greece kicked itself out of the euro zone.

Analysis: Eurogroup-Greece Standoff Down to the Wire

Abstraction of ECB-Greece tensions, Generated by Google Gemini on August 5, 2025.

The Eurogroup-Greece standoff has entered its final stages.

Timeline: Greece’s Summer on the Edge

cc Пресс-служба Президента России, modified, https://commons.wikimedia.org/wiki/File:Alexis_Tsipras_in_Moscow_4.jpg

It’s going to be a long summer for the Tsipras government, the troika, and investors the world over.

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