For ECB President Christine Lagarde, inflation is turning into a blooming nightmare.
As the European Central Bank announces its first increase in interest rates, investors are getting very nervous.
By changing the rules around bank lending, you can make a huge cut to national debt.
No signs of the bottom.
Markets normally rally when central banks throw trillions of dollars at a problem. But not this time.
How many people realise that the central banks’ great programme for reviving the global economy involves hand-picking which companies and sectors to help out?
City Skyline and Main River in Frankfurt, Germany.
Valerian Alecsa / Shutterstock
Economic polarisation across Europe is becoming an important phenomenon, in part driven by monetary policies that can increase office prices and can even affect the fundamentals that drive the markets.
Greece nearly crashed out of the eurozone in 2015.
Bill Anastasiou / Shutterstock.com
The strict nature, implementation and dramatic social costs of the EU bailouts prompt questions about their effectiveness.
Man the lifeboats!
Miriam Doerr Martin Fromherz
The new coalition’s spending plans will ramp up Italy’s annual budget by over €100 billion a year.
The importance of saving is so deep rooted in Germany that an exhibition recently opened to commemorate it.
European Council President Donald Tusk and Greek Prime Minister Alexis Tsipras address the press.
AP Photo/Thanassis Stavrakis
Europe is experiencing a wave of optimism that its seven-year Greek drama may be finally coming to a close. Only one way to do that: Share Greece’s pain.
The coming storm.
Problems at Monte dei Paschi and UniCredit are bad enough without bail-in rules to contend with.
Mario Draghi, ECB president.
Quantitative easing cannot single-handedly save Europe.
Pleading with the EU: Italian prime minister, Matteo Renzi.
The Italian banking system is on the verge of a crisis. Direct state intervention is needed to solve the problem.
It’s becoming a matter of ‘when’ rather than ‘if’ the first central bank takes the plunge and introduces quantitative easing for the people.
The ECB has introduced a slate of bold measures to counter low growth and the threat of deflation.
Scrapping €500 notes would inconvenience money launderers; it would also help the European Central Bank to make interest rates more negative.
More volatility than exuberance.
Sharemarkets may welcome monetary intervention, but indications of growth are needed.
Charting a different course.
With economies in Europe and America forging very different recoveries, their central banks are having to navigate by different stars.
Another chance? Tsipras seeks a new mandate.
An opposition politician and academic argues that new revelations from the Syriza leadership imply that the Prime Minister misled the Greek people.
Greek demonstrators protested as its government voted to accept the latest austerity conditions. Greece would have been better off exiting the Eurozone.
AAP/New Zulu/Gael Michaud
If Greece exited the Eurozone it would face several years of economic chaos. But it would be the master of its own destiny. The current EU offer will further destroy the Greek economy.
Under pressure to do a deal: Alexis Tsipras.
Backed into a corner as the banks reached the brink, the Greek prime minister may have fashioned some sort of success, and the prospect of something approaching debt relief a little down the line.