Categories: europe

The Dither Spring

Posted by: Tom Keene on February 21

"We are here today ready to conclude this long process," Greek Finance Minister Evangelos Venizelos said. "I am optimistic, but in any case we need a clear political approval." "Governments...

Stop Dithering

Posted by: Tom Keene on January 15

...we have just introduced a new currency in eleven countries with different histories, cultures and backgrounds. Establishing and maintaining a European culture of stability is of the utmost importance. This...

...Gertaly

Posted by: Tom Keene on December 22

Clarida and Gertler (1997) present both formal and informal evidence that the Bundesbank's commitment to fight inflation waned somewhat during the period between the two major oil shocks. In 1979...

This is No Time to Go Wobbly

Posted by: Tom Keene on December 10

That evening, she attended a wonderfully elegant ballet and dinner hosted at Versailles by President François Mitterrand. She demonstrated enormous aplomb. But to another leader who wished her well in...

They Do Not Dither in the Voting Booth

Posted by: Tom Keene on November 21

Fiscal problems in Europe can be solved. Large adjustments based on the spending side work, they are not recessionary and are not the kiss of death for the governments implementing...

Non Abbiamo Nulla da Temere, ma la Paura Stessa

Posted by: Tom Keene on November 10

It is growing apparent that the euro area may be too late to deliver a policy response that can avoid nonlinearity in Italy. A succession of earnings results from banks...

Earth to Europe: The Great Chan in the Brussels Mind

Posted by: Tom Keene on October 31

But there, central, subterranean, superior, filled with palaces, lotuses, lifeless pools and eunuchs and porcelain--stands my Purple City... Victor Segalen (circa. 1912) in The Chan's Great Continent: China in Western...