Eurozone Articles

A Periclean Solution

To the problem of self-pitying Greeks demanding gifts.
11:29 AM, Jul 16, 2015

Greece ill-temperedly rattles a tin cup, desperate for another handout from the European Union but feeling far more anger than gratitude toward its would-be benefactors.

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Not Even Close in Greece Vote

3:29 PM, Jul 05, 2015

The vote in Greece is running 60 percent “No” on the terms of its creditors.  The same experts who had been predicting a close vote will now explain why it was a runaway in favor of … well, who knows.  But count on the usual confident voices to sort it all out.  

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Lew: Keep Greece in Eurozone

4:42 PM, Jun 30, 2015

The crisis in Greece remains … a crisis.  After five years, during which time everyone who was paying attention said it was a crisis.  And, of course, the crisis went unresolved.

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The World’s Dumbest Conservatives

How to turn a successful majority coalition into a perpetual election-losing machine
Nov 19, 2012



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Europe’s Gift to Obama

The EU will muddle through until after the U.S. election.
Oct 01, 2012

September 12 was a momentous day for Europe. It saw three separate events that in a powerful way may come to remake the European Union.  First, Germany’s Constitutional Court ruled that the nation’s parliament can ratify a new, permanent rescue fund for the eurozone, called the European Stability Mechanism, to the tune of some $645 billion in taxpayer money. The European Union would have been forced into an immediate financial crisis of unprecedented magnitude had the court declared the bailout illegal.

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The Euro on the Ropes

1:39 PM, Jul 31, 2012

"I don't think ultimately that the Europeans will let the Euro unravel, but they are going to have to take some decisive steps ... and I am spending an enormous amount of time, trying to work with them. The sooner that they take some decisive action, the better off we are going to be," Barack Obama, July 30, 2012.

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'U.S. Per Person Debt to Increase 7 Times Faster than Italian Debt'

1:35 PM, Jun 20, 2012

A new chart, set to be released later today by the minority office of the Senate Budget Committee, finds that, in the next five years, "U.S. Per Person Debt To Increase 7 Times Faster Than Italian Debt."

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The Scott Walker of Greece

9:45 AM, Jun 16, 2012

The New York Times profiles the mayor of Thessaloniki, Yiannis Boutaris, the Scott Walker of Greece:

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Special Report Panel on the Arab Spring, Europe, and More

7:39 AM, Jun 16, 2012

Steve Hayes, with Rick Klein and Charles Krauthammer, last night on Fox News:

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'U.S. to Spend 60 Percent More Per Person than Spain Over Next 5 Years'

10:42 AM, Jun 14, 2012

According to figures provided by the International Monetary Fund, and compiled into this easy to read chart by the Republican side of the Senate Budget Committee, America will "spend 60 percent more per person than Spain over [the] next 5 years."

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America on Track 'to Add Three Times More Debt than Eurozone Over 5 Years'

9:17 AM, Jun 14, 2012

The eurozone might be cracking up, but as far as debt goes, America appears to be in worse shape than the entire eurozone in the long run. According to a new chart set to be released later today by the Republican side of the Senate Budget Committee, America is on track "to add three times more debt than [the] eurozone over [the next] 5 years."

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Crisis Without End

7:12 AM, May 14, 2012

This business with Greece goes on and on, and one begins to think, automatically, of Sisyphus and his rock. Only in this case, you start pulling for the rock.

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Special Report Panel on the French Elections

8:06 AM, May 08, 2012

Steve Hayes, with Charles Lane and Charles Krauthammer, last night on Fox News: 

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Eurozone Afloat, but Still a Wreck

7:25 AM, Apr 12, 2012

A cynic would be tempted to compare the eurozone to Ryou-Un Mara, the rusty Japanese ghost ship that floated across the Pacific after last year’s earthquake. Some wrecks surprise us by staying afloat for a long time, but that does not make them less of a wreck.

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America's Debt Is Greater than Entire Eurozone's (and U.K.'s) Combined Debt

10:12 AM, Apr 10, 2012

The Republican side of the Senate Budget Committee will release this chart later today, clearly showing that America's debt is greater than the combined debt of the entire Eurozone and the U.K.:

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German Politician: Euro Downgrade Is an American Plot

2:32 PM, Dec 07, 2011

Standard & Poor’s warning that no less than fifteen eurozone states, including Germany, could lose their AAA credit rating has been met with howls of protest from leading German politicians.

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No Thanks for the Political Class

12:00 AM, Nov 26, 2011

Greece and Italy may be ungovernable, but America is ungoverned. The president ducked out of the country for an Asian tour while the supercommittee tried to reach agreement on a plan to cut the deficit.

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Can Italy Be Fixed?

11:07 AM, Nov 18, 2011

Mario Monti’s appointment as prime minister of Italy has given some hope to observers of the current crisis in the eurozone.

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Merkel didn’t say yes and can’t say no to bailing out the Greeks
Sep 26, 2011