Just as the ceremony awarding the Nobel Peace Prize to the European Union was coming to a triumphant, Beethoven-accented crescendo in Oslo yesterday, spy agencies in Washington released their unclassified guesstimates about the world in 2030 with pointed words for...
Read more »Collapse? Slow Decline? Renaissance?
Today in Euro Crisis History: Annals of U.K. Diplomacy
December 11, 2011 Cameron’s Refusal Leaves U.K. Alone as Europe Talks Fiscal Unity David Cameron found himself alone as the 26 other European Union nations began negotiating the future of the region’s economy. Delivering on a veto threat his predecessors...
Read more »Are Greek Bonds So Promising It’s Hard to Sell Them Back to Greece?
The Greek government’s bond buyback closes at noon London time. The deadline was extended from Dec. 7, when the amount tendered was approaching the government’s target. Greece plans to buy back debt for 10 billion euros, at about a third...
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