The Great Debate UK

A funny sort of Union

February 13, 2012

The pictures from Athens at the weekend showed a city in turmoil: protests turned violent, buildings were alight and an anti-German feeling was clear for all to see. German flags have been burnt as Greek politicians have agreed to yet more austerity, which means reduced pensions, a 20% cut to the minimum wage and mass layoffs in the public sector.

A make-or-break month for the euro zone

September 2, 2011

By Kathleen Brooks. The opinions expressed are her own.

For over a year now people have been calling for the collapse of the euro zone. Either one of the bailed out nations would leave, or the more fiscally sound northern European states would form their own version of a union. Regardless of what the outcome would be, the harsh reality was that the Eurozone’s massive floor -  allowing countries like Greece to borrow for nearly a decade at German-style interest rates without some limit on spending or enforcement of fiscal rules – meant that it could not survive.

from Breakingviews:

Greek rescue: pig in a poke

By Hugo Dixon
July 26, 2011

By Hugo Dixon
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Breakingviews:

Greek rescue bizarrely increases its debts

By Hugo Dixon
July 25, 2011

By Hugo Dixon
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Breakingviews:

Berlusconi really must go

By Hugo Dixon
July 13, 2011

By Hugo Dixon
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Could Italy go the way of Greece?

June 23, 2011

Italy has hogged the headlines in recent weeks mostly for political reasons rather than financial ones. But in a few months we may be concentrating on its fiscal woes and unsustainable debt burden.

Units and unities: can currency change really resolve the Greek tragedy?

June 22, 2011

As the Greek tragedy goes into what looks like its final act, there is increasing talk of the country leaving the euro zone and refloating the drachma. Perhaps the Athens street mobs favour this “solution”, but what would it involve, and would it work?

from Breakingviews:

How the euro zone can save itself

By Hugo Dixon
June 20, 2011

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.