Tag Archives: Eurozone

What happened to the United States of Europe?

Commentators in the United States of America are quick to denounce the experiment that is the European Union. Robert J.¬†Samuelson of the Washington Post calls the creation of the Euro a “colossal blunder“. Over at the Wall Street Journal, Martin … Continue reading

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Did Britain secede from Europe?

As George Bailey said in It’s a Wonderful Life, “Potter isn’t selling, Potter is buying”. This in reference to the bank run that spooked investors into selling their shares of the building and loan company at 50 cents on the … Continue reading

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Will there be a Euro rescue?

European banks are in near panic mode as they realise the Euro rescue package announced thus far is inadequate. Foreign governments are hesitant to invest in the currency until more concrete reform steps are taken. The news today is that … Continue reading

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Papandreou’s Referendum in limbo just like the Eurozone

Greek Prime Minister George Papandreou says that Greece may not have to hold a referendum if talks with Greek¬†opposition parties result in support for the bailout. In backing off his position the Prime Minister said the referendum “was never a … Continue reading

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Eurozone Deal Crashes in 5 Days

The deal to rescue the Euro hit a major roadblock today when Greek Prime Minister George Papandreou announced he was going to hold a referendum on the bailout. This essentially leaves the rescue plan for all of the Eurozone up … Continue reading

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Will the Euro ultimately fail?

That is the opinion of Liam Halligan in The Telegraph. He argues that the Eurozone should lose Greece and Portugal in order to save itself. This may not be possible without destroying the entire project. It may result in alliances … Continue reading

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