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Photograph by Tomohiro Ohsumi/Bloomberg

Photograph by Tomohiro Ohsumi/Bloomberg

Draghi Tells German Skeptics Bond Plan Is Averter of Catastrophe

If you want to send a clear message to the German public, the place to do it is apparently Shanghai. As in Shanghai, China. A week before Bundesbank President Jens Weidmann gives his views on Mario Draghi’s euro-saving OMT program...

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Photograph by SeongJoon Cho/Bloomberg

Photograph by SeongJoon Cho/Bloomberg

Is Cyprus Euro-Exit Talk More Than Talk?

Bailed-out and bankingly challenged Cyprus is a “unique case,” the entire European policy establishment tells us. One under-reported way in which Cyprus is unique is that chatter about eventually leaving the euro isn’t limited to the fringes. It’s part of...

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Photograph by Alessia Pierdomenico/Bloomberg

Photograph by Alessia Pierdomenico/Bloomberg

Italy’s Vote Was Bersani’s to Lose, and He Almost Pulled It Off

The Italian elections were his to lose, and Democratic Party leader Pier Luigi Bersani did a really good job of almost doing just that. Bersani, a former communist who backed Prime Minister Mario Monti’s technical government, squandered a 15-point poll...

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Greek Prime Minister George Papandreou at EU Summit in Brussels, Feb. 11, 2010

Photograph by Jock Fistick/Bloomberg

Greek Prime Minister George Papandreou at EU Summit in Brussels, Feb. 11, 2010

Today in Euro Crisis History: Annals of Market Intelligence

February 12, 2010 BlackRock Says Greece Is No Lehman, Buys Its Bonds BlackRock Inc., the world’s biggest asset manager, increased its Greek bond holdings, betting the European Union won’t allow the nation to default as Prime Minister George Papandreou cuts...

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