Written by lookingbeyondbordersJanuary 15, 2013January 15, 2013

As Europe’s Currency Crisis Fades, Growth Worsens

Maybe, just maybe, the worst of the euro crisis is over. Business and consumer confidence is rising across the Continent, sovereign bond yields are falling, and capital flight from its weakest economies is easing. Talk of an imminent breakup of the currency union has all but disappeared. Even Greece, whose debt hemorrhage plunged the euro zone into […]

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Written by lookingbeyondbordersDecember 28, 2012

A Second Chance for European Reform

The European Central Bank has managed to calm the markets with its promise of unlimited purchases of eurozone government bonds, because it effectively assured bondholders that the taxpayers and pensioners of the eurozone’s still-sound economies would, if necessary, shoulder the repayment burden. Although the ECB left open how this would be carried out, its commitment […]

looking beyond borders

foreign policy and global economy

Tag: Government bond

As Europe’s Currency Crisis Fades, Growth Worsens

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A Second Chance for European Reform

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