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Monthly Archives: July 2011

Reflecting on the Latest ‘Solution’ to the Eurozone Crisis

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Expectations were not particularly high going into last Thursday’s emergency European Council meeting in Brussels, due partly to the fact that German Chancellor Angela Merkel had warned spectators not to anticipate any grand solution to the debt crisis. In addition to this, underwhelming results from a number of previous such summits had conditioned onlookers to […]

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Why has the Euro Stayed Strong Against the Dollar Throughout the Debt Crisis?

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As the risk increases of a US default in the absence of Congressional approval to raise the Federal debt ceiling, it might be reasonable to see the dollar weaken against the euro, though it would be more reasonable to expect this were there not already a raging debt crisis in the Eurozone. Further to that, […]

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The Need for a Long-term Perspective on the Eurozone Debt Crisis

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As EU leaders attempt to steer through the ongoing debt crisis in the Eurozone, it seems that short-term, temporary fixes are the central focus, while long-term solutions that will help to prevent future crises have received far less consideration. This is not so surprising, as the immediate challenges posed by a possible Greek default or […]

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