Bloomberg

News Opinion Markets Personal Finance Tech Politics Sustainability TV Video Radio

Euro Crisis

economics

Photograph by Maarten Wouters/Getty Images

Photograph by Maarten Wouters/Getty Images

Contracts, Schmontracts

So much for the “binding” economic-reform contracts once championed by Angela Merkel. The German chancellor’s game-changing idea, back in 2012, was for European governments to make contractual, legally enforceable pledges to fix things like their labor markets or social security...

Read more »



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...

Read more »

Photograph by Antoine Antoniol/Getty Images

Photograph by Antoine Antoniol/Getty Images

Hollande: Give Me Governance, Not GovernFrance

French President Francois Hollande wants “stronger governance” and “strengthened economic policy coordination” in the euro zone — as long as France isn’t governed or coordinated by it. France’s embattled leader performed this logical backflip last night after putting out a...

Read more »

Photograph by Adam Berry/Bloomberg

Photograph by Adam Berry/Bloomberg

A Trillion Tax Euros Fall Between the Cracks

What was Europe’s debt problem is starting to look like Europe’s taxation problem. Words emerging from a one-day European Union summit in Brussels show EU leaders aren’t focused just on spending and deficits: they announced an investigation into “aggressive” use...

Read more »



Photograph by Christophe Simon/AFP via Getty Images

Photograph by Christophe Simon/AFP via Getty Images

Brussels and Mrs. Thatcher

Margaret Thatcher spoke about Europe mainly in terms of what she didn’t want: neither a “narrow-minded, inward-looking club” that is “ossified by endless regulation,” nor “an institutional device to be constantly modified according to the dictates of some abstract intellectual...

Read more »