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Euro news

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Robert Mundell: Euro is here to stay
In recent months, Robert Mundell, the Nobel economist widely recognized as �the godfather of the euro,� has taken his lumps in the media and in some economic circles.
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Germany overpower Greece
They had entered the game without the suspended Giorgos Karagounis and Jos� Holebas, and with worries over the fitness of left-back Giorgos Tzavellas - hardly the most promising backdrop to their biggest game since the final of UEFA EURO 2004, ...
Tumbling towards the summit  The Economist
The End of the Euro Is Not About Austerity  New York Times (blog)
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Euro zone agrees to lend Spain up to 100 billion euros
"These are important for the health of Spain's economy and as concrete steps on the path to financial union, which is vital to the resilience of the euro area," U.S. Treasury Secretary Timothy Geithner said. Likewise, the Group of Seven developed ...
Germans wary of financial burden they bear for rest of euro zone  Globe and Mail
Euro crisis a threat to UAE economy  The National
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The Euro Is A Frankenstein Currency
The euro is not �money� any more than the monster created by Dr. Frankenstein was a man. Whatever resemblances there may be to the genuine article are merely superficial.
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Germany, Not Greece, Should Exit the Euro
June 11 (Bloomberg) -- All the debate about the pros and cons of a Greek exit from the euro area is missing the point: A German exit might be better for all concerned.
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What would happen to Greece if it left the euro
The first place to feel the full force of a Greek exit from the euro is the country itself. Greece's banks would face collapse as the value of the re-introduced drachma will plunge and Greeks rapidly withdraw their savings.
The End of The Euro Will Be Grisly  Forbes
How Would Greece Leave the Euro?  Wall Street Journal (blog)
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Does Spain Aim To Take The Euro Down?
At the end of last week Spain's autonomous regions reported that they had cleaned up their budget deficits and ran balanced budgets in Q1 2012 - lucky timing, as they had sought Euro 36 billion in assistance the week before. But that �balanced� budget ...
Why the euro will continue to muddle through
Spain calls for new euro fiscal authority  Reuters
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Estonia Uses the Euro, and the Economy is Booming
Sixteen months after it joined the struggling currency bloc, Estonia is booming. The economy grew 7.6 percent last year, five times the euro-zone average. Estonia is the only euro-zone country with a budget surplus. National debt is just 6 percent of ...
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Is Grexit good for the euro?
THE departure of Greece from the euro has gone from impossible, to plausible and now almost inevitable�almost regardless of the outcome of this weekend's Greek election.
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Police and fans clash during a march of Russian supporters to the National ...
The nation's police has also been slammed for being too slow to react to the violence that erupted during the parade, which came ahead of Russia and Poland's 1-1 Euro 2012 draw. Ugly rioting saw 184 arrested, including 156 Poles and 24 Russians, and at ...
Euro 2012: 183 arrested after Polish and Russian clash as march descends ...
Battle of Warsaw: Blood on the streets as 183 people are arrested after ...
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