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.
Sergio Mattarella (right) and his prime minister designate, Carlo Cottarelli.
EPA-EFE
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.
Fed Chair Janet Yellen heads one of the most powerful financial institutions in the world.
Reuters/Carlos Barria
Randal Quarles, the president's first nominee to the Federal Reserve's board of governors, has argued the bank should use rules to make decisions. But could such a shift prove disastrous in a crisis?
Is the financial system headed for another 'Lehman moment'? Perhaps, but a bailout isn't the solution. More capital is, something Trump should remember as he rewrites U.S. bank rules.
Pleading with the EU: Italian prime minister, Matteo Renzi.
EPA/Stephanie Lecocq
With the ECB freezing the level of emergency liquidity assistance it is providing to Greek banks, the nightmare scenario for Greece is already beginning to unfold.
How QE came about. ECB minutes released.
nico_enders
Mario Draghi did get round to announcing a much-anticipated new round of quantitative easing (QE) in the end, but never have nine minutes felt so long. The world tuned into the European Central Bank press…
The European Central Bank is set to buy up government bonds.
jurjen_nl/Flickr
By allowing the European Central Bank (ECB) to start buying debt issued by its member states, the eurozone is copying a strategy now associated with the earlier return to growth in the US and UK. Quantitative…