Article Information
Category: EA August 2011
Created on 06 September 2011

Will the European Central Bank (ECB) remain as powerful under its incoming new head,zienermarkus Mario Draghi?  A former head of the Central Bank of Italy, he has notably strong credentials. But no newcomer can be expected to bring to the job quite the same degree of credibility that has been acquired over the past eight years by the outgoing President, Jean-Claude Trichet.

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Article Information
Category: August 2011
Created on 18 August 2011

Germans are not the only European voters who are reluctant to make bigger commitments to bailing out their more profligate neighbors on the eurozone’s periphery. Rather than rescue Greece (and other debt-stricken partners), most Dutch (54 percent) would rather see these countries leave the euro, according to a current public-opinion survey (August 14) by Maurice de Hond, a leading Dutch pollster.

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Article Information
Category: August 2011
Created on 16 August 2011
Europe’s problems with some member states’ excessive debts is escalating into a crisis for the eurozone as a whole as economic growth drops below expectations even in the EU’s best-performing economies.

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Article Information
Category: August 2011
Created on 09 August 2011

The president of the European Central Bank, Jean-Claude Trichet, has devoted the last three decades of his distinguished career to building a solid currency for Europe. Now, three months from his retirement, Trichet, 68, is waging what seems to be the fiercest struggle of all as he strives to prevent a collapse of his prized euro.

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Article Information
Category: August 2011
Created on 02 August 2011

The U.S. finally chalked up a success in reaching a Congressional deal to avoid default on the national debt, but considerable “damage may already have been done” to America’s image as a global pillar of financial security and adept manager of economic power.

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More Articles...

  1. Both EU and U.S. Have Debt Crises But Their Economic Outlooks Differ (7/28)
  2. Perspectives: Credit Ratings Should Not Be Used/Abused As Bad Crutches (7/26)
  3. "Bail-out 2.0" for Greece Set by Eurozone; Step Risks Temporary Default by Athens (7/21)
  4. "Bail-out 2.0" for Greece: Emergency EU Meeting Has New Ideas (7/20)

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