The Eurocrisis – A Gallic snub, No Haircuts & More Stability Funds
What a dramatic few days we have just lived through! The grandest experiment in modern history – the European Union – has weathered a major threat to its existence, with…
Eurobond
David ‘Two-Speed’ Cameron and the EuroCop
Chancellor Merkel’s glacial crawl towards the creation of an all-powerful EuroCop with powers to veto the budgets of Eurozone nations is beginning to make Prime Minister Cameron a bit nervous.…
Chancellor Angela Merkel’s bypassing tactic on its way to success
David Cameron wants a pound of flesh in return for the UK agreeing to changes to the EU Treaty to bring on closer fiscal union in the Eurozone. Pushed by…
Chancellor Brinkmanship: Angela Merkel’s Teutonic discipline for the EU Latin Fringe
To some, the Eurozone crisis has all the hallmarks of a train crash. These onlookers are only partly right.The Eurozone crisis is a slow motion train wreck, with the speed…
Greek PM frames it as a battle for the future
Here's one politician who – rather belatedly – has managed to frame the issue in a way which will make it difficult for Germany to say No. He has shifted…
The similarities between debt crises and currency crises
During the nineties, the predominant form of economic crisis that could hit a nation was the currency crisis whereby the value of a countries currency drops precipitously. Most infamously was…
The Chancellor versus Breugel: The Cat thinks Merkel is right about the Eurobond
The European Union is a loose confederation of widely divergent nation states, with the weaker ones suffering from the consequences of a worldwide recession, living beyond their needs, and financial…