…of which were allowed to go bankrupt in the wake of the 2008 financial collapse. Unlike Ireland, it did not turn bank debt into government debt, which increased Ireland’s debt…

…of confidence in European institutions. The driving force in most of the European Union is the profound and unnecessary economic failure of Europe, and especially the Eurozone, since the world…

…in outflows across all categories of capital, with the decline in inflows more pronounced for debt-generating inflows than equity-like inflows. However, there was an increase in portfolio debt inflows in…

…Eurozone, a deficit in one country increases the probability that it will need a bailout by the other members of the monetary union. Only rules such as those of the…

…its zloty as not in the Eurozone and able to continue exporting to strong neighbor Germany. Its unemployment rate has remained fairly low and its poverty rate falling and below…

…France out of the Eurozone? And what would be the consequences of their policies? To answer these questions requires first an understanding of populism. One definition of populism, such as…

…advantage of the previous low interest rate regime to issue such debt. Now the combination of higher refinancing costs and exchange rate depreciation is making that debt much less attractive,…

…EU leadership and claim to support leaving the eurozone. However, that appears not to be too likely. What is more likely is that they will break rules on budget deficits…

…jaunes had never existed. Of course, it is prohibited from doing this by the eurozone’s Stability and Growth Pact, but that’s an argument against the Pact, not the policy. Nothing…

Via The Big Picture and Ritholz comes Nervousness in over banked Europe Go no further than the following two charts to understand why markets freaked out over Dijsselbloem’s comments. Europe…