Arhive etichete: Germany

P. Stephens (Financial Times): Europe says goodbye to solidarity


Some words are the property of continental Europeans. You do not hear many Brits or Americans talking about “solidarity”. The expression belongs to the soggy (to Anglo-Saxon minds) consensualism of social market capitalism and to prophets of European unity. What’s happened lately is that solidarity has dissolved. This explains why the euro, and the European […]

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WSJ: G-20 Looks to Aid Italy


CANNES, France—While Greece was consumed by political turmoil, leaders of the Group of 20 industrial and developing countries on Thursday were scrambling to insulate the next most vulnerable economy: Italy. Italy has become a prime concern of the Cannes summit because the U.S., China and other G-20 members are now worried that Europeans may fail […]

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F. Norris: Riots, Good Credit and Stocks


After a week of wild swings, stock markets ended with relatively mild moves for the week, proving there was no need to come home from vacation just because there was a little volatility. Here are the weekly changes for leading indexes in the United States and the largest countries in Europe and Asia, ranked by price change […]

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John Lanchester: Once Greece goes…


The economic crisis in Greece is the most important thing to have happened in Europe since the Balkan wars. That isn’t because Greece is economically central to the European order: at barely 3 per cent of Eurozone GDP, the Greek economy could vanish without trace and scarcely be missed by anyone else. The dangers posed […]

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