Hopner’s neo-classical view of the euro crisis

Martin Höpner is head of a research group at the MPIfG (Max-Planck Institut for society studies). The research group is titled ‘political economy of European integration’. I read a short article by him (here)

December’s Real Top Event Happens This Week: Part 1

The following is part 1 of a special feature on the coming a single resolution mechanism (SRM – get to know this acronym) for dealing with troubled EU banks. It will be used to handle banks that fail the coming ECB banks stress tests in 2014 and other problem banks thereafter.

December’s Real Top Event Happens This Week: Part 2

In our weekly fxempire.com analysts’ meeting, in which we share thoughts and conclusions about the weekly outlook for global equities, currencies, and commodity markets, we noted that the results for past week’s Euro group and ECOFIN meetings’, which hammered out all but a few final details of the SRM deal, were far too underreported relative to their importance.

December’s Real Top Event Happens This Week: Part 3

In our weekly fxempire.com analysts’ meeting, in which we share thoughts and conclusions about the weekly outlook for global equities, currencies, and commodity markets, we noted that the results for past week’s Euro group and ECOFIN meetings’, which hammered out all but a few final details of the SRM deal, were far too underreported relative to their importance.

Austerity and Stupidity

oday’s austerity, many argue, is stupid. This column argues that today’s EZ austerity may arise from stupidity before the crisis – specifically lacklustre structural reform. Excess debt arose in nations maintaining unsustainable living standards and welfare systems in the face of poor growth. The Crisis forced radical adjustments such as austerity in a recession.