Greece still unlikely to leave euro zone after Syriza win

By Hugo Dixon
January 26, 2015
Supporters of opposition leader and head of radical leftist Syriza party Tsipras cheer at exit poll results in Athens

Supporters of opposition leader and head of radical leftist Syriza party Alexis Tsipras cheer at exit poll results in Athens, Jan. 25, 2015. REUTERS/Marko Djurica

Banks are Greece’s Achilles’ heel

By Hugo Dixon
January 12, 2015

A possible bank run is Greece’s Achilles’ heel.

The country probably won’t be forced out of the euro. But there is a scenario where this could happen. This involves Syriza, the radical-left party, winning the upcoming election and then running out of time before it can perform the policy U-turn necessary to keep its creditors on side. Depositors might then panic.

Greece still several steps from chaos

By Hugo Dixon
December 15, 2014

By Hugo Dixon

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

Can we live the good life without economic growth?

By Hugo Dixon
December 8, 2014

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Is the good life possible without economic growth?

Merely raising the question challenges the conventional contemporary wisdom that a society’s prime goal should be to boost its income continually. But it is one that the West, especially Western Europe, may have to confront. Europe is not just suffering the after-effects of a nasty cyclical downturn, it has probably entered an era of low growth.

Cameron pulls back from EU brink

By Hugo Dixon
December 1, 2014

By Hugo Dixon

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

What to do about populism?

By Hugo Dixon
November 24, 2014

By Hugo Dixon

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

Spain is a troubled country

By Hugo Dixon
November 10, 2014

Spain has been held up to other euro zone countries as an example of the benefits of structural reform. That’s fair enough, up to a point. The conservative government’s bank rescues and labour reform have stabilised the financial system and improved competitiveness. The economy is expected to grow 1.2 percent this year and 1.7 percent next year by the European Commission.

Cameron mustn’t say “quotas”

By Hugo Dixon
November 3, 2014

By Hugo Dixon

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

Markets right to worry about euro zone

By Hugo Dixon
October 20, 2014

By Hugo Dixon

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

Italy has no good Plan B

By Hugo Dixon
October 13, 2014

Matteo Renzi’s Plan A is to push through domestic reforms, hope the European Central Bank manages to get inflation ticking up, and keep his fingers crossed the Italian economy stops shrinking. But if this fails, a mega wealth tax, debt restructuring and/or exit from the euro beckons.