Euros & Dollars: Recession To Strike EU in Time for June Elections
Jobless rates are rising, especially among young workers.
Jobless rates are rising, especially among young workers.
Low inflation and rising unemployment suggest that the ECB will soon abandon its tight monetary policy.
The ECB chief just ruled out raising interest rates. This is a big mistake that can cost the euro zone dearly in the coming recession.
European interest rates rise and fall closely with American rates. This can be good for Europe, but it can also be bad, especially if America is hit by a fiscal crisis.
Here is why the seven EU member states who still have their own currency should stay out of the euro zone.
What can the past 20 years tell us about Europe’s economic future?
Just in time for the recession, Europe may see the benefits of lower interest rates.
On the surface, everything looks good for the Czechs to join the euro. But look a bit closer, and the picture changes dramatically.
In country after country, the economy is getting worse. What can governments do about it?
A euro-zone membership would put Sweden on a fast track to a fiscal crisis like the one in the 1990s. That would be bad: the country cannot absorb the fallout from repeating its disastrous mistakes from back then.
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