The Great Debate UK

from The Great Debate:

Greece’s self-inflicted tragedy and the catharsis to come

By John Lloyd
July 2, 2015

The word 'No' in Greek is seen on a banner hanging from Athens' University building

The word 'no' in Greek is seen on a banner hanging from Athens' University building in Greece, July 2, 2015. REUTERS/Marko Djurica

from Hugo Dixon:

Greeks choose between bad and terrible

By Hugo Dixon
July 2, 2015

Hugo Dixon is Editor-at-Large, Reuters News. The opinions expressed are his own.

The Greeks have to choose between the bad and the truly ugly in Sunday’s referendum. If I was Greek - and I’m not, although I speak the language and had a Greek great-grandmother - I would plump for the bad option, voting “Yes”.

from The Great Debate:

Grexit signs: Drachma, how we’ve missed you!

By John Lloyd
June 28, 2015

A drop of water is seen on a Greek twenty-Drachma coin depicting ancient Athenian politician and general Pericles in this picture illustration taken in Athens

A drop of water is seen on a Greek 20-drachma coin depicting ancient Athenian politician and general Pericles in this picture illustration taken in Athens March 22, 2015. REUTERS/Yannis Behrakis

from The Great Debate:

The most important man in Europe you’ve never heard of

By John Lloyd
March 9, 2015

Guardia di Finanza troops stand before the Quirinale palace in Rome, April 22, 2013. REUTERS/Max Rossi

Guardia di Finanza troops stand before the Quirinale palace in Rome, April 22, 2013. REUTERS/Max Rossi

from Anatole Kaletsky:

Why markets ignore good news from U.S. to focus on bad news from Europe

By Anatole Kaletsky
October 16, 2014

A trader watches the screen at his terminal on the floor of the New York Stock Exchange in New York

What’s spooking the markets?

One thing we can say for sure is that it is not the slightly weaker-than-expected retail sales that triggered the mayhem on Wall Street on Wednesday morning. Most U.S. economic data have actually been quite strong in the month since Wall Street peaked on Sept. 19.

from Anatole Kaletsky:

An ‘atomic bomb’ is hovering over France’s economy

By Anatole Kaletsky
October 10, 2014

France's President Hollande and German Chancellor Merkel talk during a conference on jobs in Milan

An “atomic bomb” is about to blow up in “the confrontation between Paris and Brussels.”

from Anatole Kaletsky:

What’s Europe’s best hope for avoiding a second euro crisis?

By Anatole Kaletsky
August 29, 2014

RTR3WYER.jpg

This week’s theatrical resignation threat by Manuel Valls, the French prime minister, combined with deep European anxiety about deflation, suggest that the euro crisis may be coming back. But a crisis is often an opportunity, and this is the hope now beginning to excite markets in the eurozone.

Don’t Mention the War!

February 18, 2013

–Laurence Copeland is a professor of finance at Cardiff University Business School. The opinions expressed are his own.–

Hollande the Brave

February 7, 2013

–Kathleen Brooks is research director at forex.com. The opinions expressed are her own.–

from The Great Debate:

Why isn’t the euro falling even further?

By Peter Gumbel
May 29, 2012

If the euro really is on the verge of collapse, as many pundits are now proclaiming, how come it is still so highly valued against other currencies, including the U.S. dollar?