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Euro Crisis


Irish  street protests against austerity measures have been relatively restrained

Irish street protests against austerity measures have been relatively restrained

Coping With Austerity

On the same day that German Chancellor Angela Merkel again swatted down the idea of issuing joint euro bonds to help ease sovereign debt in peripheral euro zone nations, Germany’s own bond issuance, which fell short of objectives, caused market...

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Partido Popular's Mariano Rajoy

Pedro Armestre/AFP/Getty Images

Partido Popular's Mariano Rajoy

Has Spain Turned to the Right?

Mariano Rajoy’s staying power has paid off. After two previous election defeats under his leadership, the Partido Popular won an absolute majority in the Spanish general election yesterday, giving the country’s new conservative prime minister-elect a clear mandate for change....

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