June 04, 2011

Redwood: The origins of the euro crisis

The euro crisis is following a predictable path. The bills have increased greatly, and are being passed around in the hope the problems will go away.

Unfortunately the countries in trouble are spending too much and earning too little. That has to be tackled, as there will be limits to the patience and the amount of money the EU and the IMF can throw at this problem.

June 03, 2011

Tory blasts ECB chief's dismissal of euro crisis

A claim by the president of the European Central Bank that the euro is not in crisis has been branded "absurd" by a Conservative MP.

ECB boss Jean-Claude Trichet was speaking in Aachen, Germany, after receiving the Charlemagne Prize for services to European understanding.

June 02, 2011

German chancellor says European debt crisis no euro problem

Singapore - The euro is a stable currency although high debt levels in some eurozone countries have evoked uncertainty about it, German Chancellor Angela Merkel said Thursday.

'I tell you very clearly: We don't have a euro problem in Europe,' she said at a forum in Singapore. 'Rather we have a debt problem to overcome.'

May 30, 2011

Currency Guru Stephen Jen Gives 4 Reasons The Euro Crisis Will Only Get Worse

Can't get enough Eurozone crisis? We've got you covered with the most recent commentary from Stephen L Jen, the former Morgan Stanley currency guru who's know running SLJ Macro Partners.

He spells out four non-cliche reasons why the situation in Europe is so challenging, and will only get worse.

May 27, 2011

Greece: Political Leaders To Meet On Economic Crisis

ATHENS (Dow Jones)--Greece's political leaders are due to meet Friday in a fresh bid to reach consensus on the country's economic crisis, amid growing fears of early elections and new worries of a potential Greek default.

The meeting, scheduled for 0930 GMT and called by Greece's president at the behest of Prime Minister George Papandreou, will include the heads of the four opposition parties and comes just days after similar talks failed to find common ground.