Category Archives: Europe

Will Trump Administration Let the IMF Escape from the Next Greek Bailout?

The IMF is at odds with the rest of the Troika about whether Greece can shoulder its debts. Will the IMF be forced to fund the next bailout?

The EU Must Stand Ready to Confront US Leadership

This is not the first time that the United States has antagonised Europe. And Europe can provide an effective response to such external challenges when it stands united.

Wolf Richter: Central Banks Quietly Backing Out of Negative Interest Rate Policies (NIRP)

Are central banks finally beating a retreat on their failed NIRP strategies?

Border Adjustment Tax Could Help Europe Find Common Voice on Trump

Europeans mull retaliation if Trump moves forward with his border adjustment tax.

Things Just Got Serious in Europe’s War on Cash

Latest salvo on cash: European Commission explores setting a maximum limit on cash transactions, to apply cross-regionally from 2018.

Trading Off a ’Soft’ and ‘Hard’ Brexit

A ‘harder’ Brexit may have a stronger negative impact on the UK’s services trade and supply chain integration,

Compensating the “Losers” of Globalization

There is little agreement on how government should respond to the challenge posed by “losers” from globalization.

Helicopter Money: Loved, Not Spent

Another monetarist myth bites the dust. Consumers overwhelmingly say they would not spend helicopter money.

The Fed in an Age of Uncertainty

How uncertainty over the wisdom of the Fed starting to tighten in 2017 and its reading of Trump policies might impact other economies.

How To Balance Sovereignty and Integration in a Voluntary EU

Why is the EU project in trouble and what might be done to fix it?

Don Quijones: Power & Profit Fuel War on Cash in Europe

Be warned: European officials have already starting taking tough moves in the war on cash.

Wolf Richter: Bank Bailout Balloons, Tab for Italian Banking Crisis Soars

Monte dei Paschi di Siena sinks deeper into the mire and bailout costs spike to €8.8 billion, while the ECB claims the bank is “solvent”.

Ilargi: 2017 – Where the Truth Lies

‘Respectable’ news outlets have been feeding their readers ‘fake news’ for years now. 2017 will see changes in the offing, as we downsize.

Deutsche Bank Wins in Stare-Down With Department of Justice Over Mortgage-Backed Securities Liability; Credit Suisse Also Settles While Barclays Holds Out

Deutsche came off well in a mortgage settlement with the DoJ, while Barclay’s decision to fight doesn’t look so smart.

Italy Announces Sketchy Plan to Bail Out Monte dei Paschi

The Monte dei Paschi domino is finally about to fall. But what does that mean in practice?