Bracing for a fresh euro zone debt crisis

Certainly, the new Italian government inherits a dire economic situation, with runaway inflation and a heavy debt load that now exceeds 150 percent of gross domestic product, the second highest level in the eurozone after Greece. What’s more, Europe’s energy crisis will likely require the new government to come up with new initiatives in the … Read more

Why is the ECB still fiddling over a potential eurozone crisis? | Nils Pratley

PPerhaps the European Central Bank felt left out when the financial world turned its attention to the US Federal ReserveInterest rate hike. But the emergency meetings of the major central banks are supposed to produce more substance than the weak offer that emerged in Frankfurt after a morning of contemplation: a plan to accelerate work … Read more

Will Germany bring down the Eurozone?

In Germany, several looming crises have dominated the headlines this summer, notably the energy crisis, the so-called climate crisis, and the broader economic crisis. But there is an emerging crisis that barely gets a mention: the eurozone crisis. The outlook for the Eurozone is bleak. last week, the The euro fell below parity with the … Read more

Will Italy Start Another Round of European Sovereign Debt Crises?

text size A man stands on a terrace of the Intesa Sanpaolo building in Turin, northwestern Italy. Marco Bertorello/AFP/Getty Images About the Author: Desmond Lachman is a senior fellow at the American Enterprise Institute. Previously, he was an Associate Director in the Policy Development and Review Department of the International Monetary Fund and Chief Emerging … Read more

Europe Debt Bubble And Hyperbitcoinization – Bitcoin Magazine

The following is an excerpt from a recent issue of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis delivered directly to your inbox, subscribe now. The European energy crisis progresses In last Thursday’s dispatch, we covered the dynamics of this … Read more

The European sovereign debt crisis 2.0

Despite their best efforts, governments in European countries have so far failed to curb inflation this year. Russia’s invasion of Ukraine was the spark that finally detonated the crisis that had been brewing since the outbreak of the COVID-19 pandemic in 2020. In June, the EU member states published their consumer price index (CPI), which … Read more

ECB exits negative rates, amid fears of a new eurocrisis

At a press conference in Amsterdam on Thursday (June 9), European Central Bank President Christine Lagarde announced that the bank’s governing council had decided “unanimously” to stop buying public debt and end negative interest rates by september — two of the main tools used by monetary authorities to control prices and liquidity. Inflation in Europe … Read more

Italy drags Europe toward another eurozone crisis

B.Between 2009 and 2012, the eurozone experienced a sovereign debt crisis that threatened to tear its monetary union apart. The lenders of the European financial markets lost faith in the fiscal sustainability of several member states and began to demand higher yields to compensate for the increased risk. Borrowing costs skyrocketed. Affected sovereigns quickly found … Read more

Southern euro-countries worst hit by recession

The EU economy is expected to stall across 27 member states and contract by an average of 0.3 percent of eurozone gross domestic product (GDP), with the recession hitting Greece, Portugal, Italy and Italy the hardest. Spain, new EU forecasts for this year’s show. “Compared to November, the outlook has worsened. Risks to the growth … Read more

Understanding the European Crisis Now – Graphic

*Except Greece, what is it for march +700 +600 +500 +400 +300 +200 +100 0 –100 -200 –300 –400 The situation in Europe could be worse were it not for a system that was created to clear transactions between central banks. That system now provides loans to the central banks of countries whose banks are … Read more