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News in pictures One of the founding fathers of the single currency and a former chief economist at the European Central Bank has warned that some nations may not be able to remain inside the euro. Otmar Issing, in a book published this week, said: "
The European elite are getting the economics wrong and the current policy of austerity is not going to bring any relief, not to say economic growth, says Roger Bootle, a Wolfson Prize winner for developing a practical plan to dissolve the eurozone.
In Athens, Angela Merkel is seen handcuffed on the cover of the magazine Crash. The headline demands that European leaders be 'tried for genocide of the Greeks'. Photograph: Thanassis Stavrakis/AP While Rome burned, Nero put on fancy dress, stood on
Picture shows an illustration made with a figurine and euro coins. Europe's economic crisis has deepened, with a slump in German confidence, worsening British recession. Over the past couple of years, Europe has muddled through a long series of
As the Eurozone teeters on the edge of a breakup, it begs the question: Can the U.S economy "de-couple" from the Eurozone debt crisis ?...From the point of view of one who has travelled fairly frequently in the Eurozone I can tell you I find the euro
Font Resize Kenneth Petersen Financial Planning Q: I diversify my investments like you suggest, and some of my holdings are in Europe, where countries are struggling with too much debt and unsustainable social welfare programs. What do you see
Story continues below I think she will remain an incrementalist: we have not yet reached the point where it is obvious that we are hanging over the precipice, said Paul de Grauwe, a professor at the London School of Economics and two-time Belgian
European officials may not like it, but the prospect of Greece leaving the euro is a serious possibility. The picture will become clearer after a Greek election on 17 June. If the winners are hostile to the austerity measures demanded by the European
People are betting on quantitative easing at the next meeting, Sebastien Galy, a senior foreign-exchange strategist at Societe Generale in London, told Bloomberg News. People are betting on the fact that the bears are too bearish, the world is not
None of the eight European Union (EU) member states willing to join the now 17-member eurozone has met membership criteria, the European Central Bank (ECB) said on Wednesday. In its Convergence Report 2012 released on Wednesday, the ECB said the