Rising oil prices put eurozone economy under strain
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Unpacking Ukraine’s debt deal: who wins? : Financial Times
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Greece Financial Crisis Hits Poorest and Hungriest the Hardest (Published 2015)
Diners bowed their heads in prayer before eating at the Galini charity’s soup kitchen in Athens. Greece’s fiscal crisis has made many destitute and desperate, and is stretching the resources of charities and government agencies that help the poor.Credit...Emilio Morenatti/Associated Press ATHENS — Behind the lace curtains of a soup kitchen run by a parish in the humble Athens neighborhood of Keram
For Spaniards, Having a Job No Longer Guarantees a Paycheck (Published 2012)
The Times’s Suzanne Daley reports on struggling Spanish workers who have avoided losing their jobs but often face weeks or months without paychecks. VALENCIA, Spain — Over the past two years, Ana MarÃa Molina Cuevas, 36, has worked five shifts a week in a ceramics factory on the outskirts of this city, hand-rolling paint onto tiles. But at the end of the month, she often went unpaid. Still, she ke
Spain Is Doomed: Why Austerity Is Destroying Europe
... but the beatings will continue until bond yields improve! Let's try a thought experiment. Imagine you walked into the bank, told them you were going to be taking pay cuts for the next few years, and then asked for a loan. You'd be laughed out of the office or else pay an interest rate so high that "usurious" wouldn't do it justice. The logic is simple: If you're in debt and your income is shri
Europe's lost generation: how it feels to be young and struggling in the EU
Viola Caon left her Italian home to find work. Now she returns to see how her former classmates are faring… and in the week that shocking figures showed how badly Europe's youth is being hit by the unemployment crisis, we also talk to hard-hit twentysomethings in Athens and Madrid Italy's new prime minister, Mario Monti, has vowed to help the younger generation, promising among other things to hel
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The Netherlands may be the first country to hit the limits of growth
EU seeks powers to tackle supply crisis – DW – 09/19/2022
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https://www.bloomberg.com/news/2012-06-11/bunds-decline-as-spanish-bailout-request-cuts-demand-for-safety.html
Is the rise in US consumer confidence another sign of decoupling?
Message to the Bundesbank
https://www.bloomberg.com/news/articles/2012-05-02/what-the-recession-looks-like-in-spain
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The mafia is now Italy’s largest ‘bank’
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