Euro crisis http://www.globalpost.com/taxonomy/term/21995/all en Angela Merkel’s coalition conundrum http://www.globalpost.com/dispatch/news/regions/europe/germany/120321/angela-merkel-germany-snap-election-coalition-conundrum BERLIN – Angela Merkel may be a popular leader, but with her natural coalition partner facing electoral oblivion, she could struggle to remain chancellor. Merkel also has a big problem: her junior coalition partner, the pro-business Free Democrats (FDP), is in freefall. With their support waning, they are likely to be wiped out in the next federal vote in 2013, leaving Merkel forced to find an alternative partner.<p><a href="http://www.globalpost.com/dispatch/news/regions/europe/germany/120321/angela-merkel-germany-snap-election-coalition-conundrum" target="_blank">read more</a></p> Euro crisis Debt Crisis Germany Thu, 22 Mar 2012 10:00:00 +0000 Siobhan Dowling 5697095 at http://www.globalpost.com Spain in double-dip recession http://www.globalpost.com/dispatch/news/regions/europe/spain/120430/spain-double-dip-recession <p> Spain&#39;s economy entered another recession, according to a second set of data released Monday.</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/spain/120430/spain-double-dip-recession" target="_blank">read more</a></p> Euro crisis Business Europe Global Economy Spain Mon, 30 Apr 2012 11:37:57 +0000 Tim Fitzsimons 5702460 at http://www.globalpost.com Hollande's government urges Merkel to consider euro bonds http://www.globalpost.com/dispatch/news/regions/europe/120520/hollandes-government-urges-merkel-consider-euro-bonds <p>BRUSSELS &ndash; French President Francois Hollande thinks he&rsquo;s found a solution to the euro zone crisis: the name&rsquo;s Bonds. Euro bonds. But Angela Merkel&rsquo;s still playing Dr. No.&nbsp;At a euro zone summit on Wednesday, the new French leader plans to revive proposals for bonds that would be jointly issued by euro zone countries to spread national debt burdens across the whole currency bloc.&nbsp;Hollande knows however that there is little chance the German chancellor will warm to the idea.</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/120520/hollandes-government-urges-merkel-consider-euro-bonds" target="_blank">read more</a></p> Euro crisis Debt Crisis France Europe Germany Tue, 22 May 2012 10:16:00 +0000 Paul Ames 5705050 at http://www.globalpost.com On Location Video: Spain’s underground economy http://www.globalpost.com/internal/video/5705151 <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> <!--paging_filter--><p>As the official unemployment rate skyrockets, Spaniards go underground to survive.</p> </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-label">Byline:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Lucija Stojevic </div> </div> </div> <p>As the official unemployment rate skyrockets, Spaniards go underground to survive.</p> <div class="field field-type-content-taxonomy field-field-copyright"> <div class="field-label">Copyright/Source:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> GlobalPost </div> </div> </div> <div class="field field-type-filefield field-field-lead-image"> <div class="field-label">Still Frame:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_lead_image" width="1280" height="720" alt="" src="http://www.globalpost.com/sites/default/files/twistage_stills/d5882f6bba0a0-original_0.jpg?1337708403" /> </div> </div> </div> <div class="field field-type-datestamp field-field-publish-date"> <div class="field-label">Publish Date:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">2012:05:23 06:01</span> </div> </div> </div> <div class="vid-wrapper"> <script type="text/javascript"> //not in site and viewNode("d5882f6bba0a0", {player_profile:"_gp3_full", server_detection:true}); </script> </div> Euro crisis On Location Debt Crisis Spain Wed, 23 May 2012 10:01:00 +0000 Lucija Stojevic 5705151 at http://www.globalpost.com On Location Video: Spain’s underground economy http://www.globalpost.com/dispatch/taxonomy/term/18979/120523/location-video-spain-s-underground-economy <p><span style="font-family: Helvetica, Arial, sans-serif; line-height: 15px; background-color: rgb(250, 250, 250); ">As the official unemployment rate skyrockets, Spaniards go underground to survive.</span></p> Euro crisis On Location Debt Crisis Spain Wed, 23 May 2012 10:22:00 +0000 Lucija Stojevic 5705272 at http://www.globalpost.com Europe 'doesn’t need the euro' says former Bundesbank member http://www.globalpost.com/dispatch/news/regions/europe/germany/120523/europe-euro-germany-holocaust-thilo-sarrazin <p>BERLIN &ndash;&nbsp;Two years ago he shocked polite opinion with a racist polemic against Muslim immigrants. Now former Bundesbank member Thilo Sarrazin is back with a book in which he says Germany has made itself hostage to the euro zone out of Holocaust guilt.</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/germany/120523/europe-euro-germany-holocaust-thilo-sarrazin" target="_blank">read more</a></p> Euro crisis Debt Crisis Germany Thu, 24 May 2012 04:00:00 +0000 Siobhan Dowling 5705310 at http://www.globalpost.com Euro crisis: Leaders debate the F-word http://www.globalpost.com/dispatch/news/regions/europe/120525/euro-crisis-european-federalism <p>London &mdash; Europe&#39;s single currency needs an independent central bank and a single bond. It needs a single fiscal policy. Most important, it needs a single democratically elected government to oversee the economy. There&rsquo;s a word for that, and it begins with an F.&nbsp;</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/120525/euro-crisis-european-federalism" target="_blank">read more</a></p> Euro crisis Debt Crisis France Europe Germany Politics Italy Spain United Kingdom Sun, 27 May 2012 12:08:43 +0000 Michael Goldfarb 5705625 at http://www.globalpost.com Key Irish euro referendum pits fear against anger http://www.globalpost.com/dispatch/news/regions/europe/120529/key-irish-euro-referendum-pits-fear-against-anger <p>BERLIN &ndash; In Europe&rsquo;s latest cliff-hanger, a vote Thursday in favor of Merkel&rsquo;s Fiscal Pact would endorse a Greece-style prescription for the debt-burdened Irish economy. A vote against it, however, could deliver even worse &mdash; for Ireland and the greater euro zone. Irish voters seethe over the choices.&nbsp;</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/120529/key-irish-euro-referendum-pits-fear-against-anger" target="_blank">read more</a></p> Euro crisis Debt Crisis Europe Germany Ireland Wed, 30 May 2012 10:12:23 +0000 Siobhan Dowling 5706061 at http://www.globalpost.com The European Commission issues a euro zone report card http://www.globalpost.com/dispatch/news/regions/europe/120530/the-european-commission-issues-euro-zone-report-card <p>Brussels &mdash; This time, the European Commission&rsquo;s eurocrats didn&rsquo;t mince words, warning that the euro zone risks &ldquo;financial disintegration.&rdquo; It offered bold advice on solving the crisis. But is anyone listening?&nbsp;</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/120530/the-european-commission-issues-euro-zone-report-card" target="_blank">read more</a></p> BeNeLux Euro crisis Debt Crisis France Europe Germany Italy Spain Thu, 31 May 2012 10:20:00 +0000 Paul Ames 5706251 at http://www.globalpost.com Yes, they use the euro. And the economy is booming. http://www.globalpost.com/dispatch/news/regions/europe/120604/estonia-economy-technology-skype-euro-zone-debt-crisis <p>TALLINN, Estonia &mdash; The economy here is red-hot, growing by 7.6 percent. The government reports a fiscal surplus. Yet three years ago this was Europe&rsquo;s basket case. How did they bounce back? &ldquo;Austerity, austerity, austerity,&rdquo; says Peeter Koppel, investment strategist at SEB Bank. Is this what the other side of the dark, euro crisis tunnel looks like?&nbsp;</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/120604/estonia-economy-technology-skype-euro-zone-debt-crisis" target="_blank">read more</a></p> Euro crisis Emerging Markets Europe Tue, 05 Jun 2012 10:15:00 +0000 Paul Ames 5706705 at http://www.globalpost.com Is Germany catching the euro zone virus? http://www.globalpost.com/dispatch/news/regions/europe/germany/120608/germany-euro-zone-virus <p>BERLIN &ndash;&nbsp;Suddenly, Europe&rsquo;s safe haven isn&rsquo;t looking all that safe. After all, an exporting powerhouse needs customers. And banks need borrowers to pay back loans. The pressure is now on Berlin to act quickly, not just for the rest of the euro zone but for its own sake too. Plus: How Germany ended up with a clandestine bailout.&nbsp;</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/germany/120608/germany-euro-zone-virus" target="_blank">read more</a></p> Euro crisis Debt Crisis Europe Germany Tue, 12 Jun 2012 10:00:00 +0000 Siobhan Dowling 5707285 at http://www.globalpost.com World Bank: Europe is ruining everything http://www.globalpost.com/dispatches/globalpost-blogs/macro/world-bank-europe-ruining-everything <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> 2012 started with such hope. Then Europe got in the way. Here's what needs to happen next. </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomas Mucha </div> </div> </div> <!--paging_filter--><p>Ah, Europe.</p> <p>We love you for your rolling landscapes, your rich history, your 17 million varieties of wine and all that stinky cheese.</p> <p>But, increasingly, we hate you for your lame economic policy, your maddening political intraction, your rising debt and your faltering currency.</p> <p>Those sentiments were pretty well echoed by the World Bank today, which &mdash; in its lovably wonkish way &mdash; says the euro zone crisis is ruining just about everything in the global economy, particularly for developing countries.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/macro/world-bank-europe-ruining-everything" target="_blank">read more</a></p> Euro crisis Debt Crisis Europe Macro Tue, 12 Jun 2012 18:02:00 +0000 Thomas Mucha 5707654 at http://www.globalpost.com Chatter: Greece votes to stay bailed out http://www.globalpost.com/dispatches/globalpost-blogs/chatter/chatter-greece-votes-stay-bailed-out The bailout men win Greece's repeat parliamentary election, Egypt waits to hear who its new president is, and China does some funky stuff in space.<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/chatter/chatter-greece-votes-stay-bailed-out" target="_blank">read more</a></p> Euro crisis Greece Elections Europe Politics Chatter Mon, 18 Jun 2012 11:02:00 +0000 Jessica Phelan 5708232 at http://www.globalpost.com The 10 US states getting slammed by the European collapse http://www.globalpost.com/dispatch/news/business/120622/10-us-states-slammed-euro-financial-crisis The Milken Institute published a report this week examining the effects of the euro crisis on individual US states based on which ones send the most exports to the EU as a share of their total exports and GDP. <p><a href="http://www.globalpost.com/dispatch/news/business/120622/10-us-states-slammed-euro-financial-crisis" target="_blank">read more</a></p> economic crisis Euro crisis euro zone euro zone economic crisis United States Business Debt Crisis Global Economy Fri, 22 Jun 2012 17:46:00 +0000 Matthew Boesler, Business Insider 5709021 at http://www.globalpost.com Bailing out the euro zone’s bailout http://www.globalpost.com/dispatch/news/business/global-economy/120622/bail-euro-zone-economy-greece <p>BRUSSELS &mdash; If the European leaders can&#39;t agree on a coherent plan to save the bailout when they meet at the June 28-29 summit to end all summits, brace yourself for chaotic demise. Expect riots in Greece, soaring Spanish bond yields and intensified threats to Italy&#39;s technocratic government. Brace yourself. Really.&nbsp;</p> <p><a href="http://www.globalpost.com/dispatch/news/business/global-economy/120622/bail-euro-zone-economy-greece" target="_blank">read more</a></p> Euro crisis Business Europe Global Economy Spain Sat, 23 Jun 2012 11:00:00 +0000 Paul Ames 5709105 at http://www.globalpost.com