Vermont Exit from the Dollar Would Have Little Impact
Following Landon Thomas Jr’s New York Times report “For Euro Zone, a Cyprus Exit Would Have Little Impact”, we’ve been […]
Euro Crisis
Euro Crisis
Banking, Central Banks, Euro Crisis
Whatever It Takes? Cyprus and the Euro on the Brink
My latest thoughts: Is Draghi really going to save the euro after this week’s events.
Central Banks, Euro Crisis
Revised TARGET2 Paper & Implications for ECB of Cyprus Exit
I’ve updated my TARGET2 paper. Here is a post with a link to the new paper and a discussion relating
Banking, Euro Crisis
Cyprus Deposit Levy: No Panic Yet But Scary Long-Term Consequences
Despite the absence of any panic today at European banks or in financial markets, I believe this weekend’s decision on
Banking, Euro Crisis
Cyprus Depositor Tax: Genius Plan or the End of the Euro?
A quick reaction to the Cyprus deposit levy here.
Euro Crisis, Fiscal Compact Treaty
A Plea for Growth to Europe’s Politicians
This morning I am giving a talk to a meeting in Dublin of the chairpersons of the 27 EU finance
Euro Crisis
Olli’s Follies: Is Debate About Fiscal Multipliers Unhelpful?
Olli Rehn is the European Commissioner for economics. Olli has spent much of his time in recent years telling everyone
Euro Crisis
Presentation on Euro Exit Scenarios
I’ve been very busy because of personal and professional commitments over the past few weeks and haven’t had any time
Central Banks, Euro Crisis, US Economy
Fed’s Brave Steps Contrast with ECB’s Inertia
Some thoughts on today’s FOMC announcement and the contrast it represents to the ECB’s approach to monetary policy.
Euro Crisis
Standoff on Greece Driven by Short-Sighted Europolitics
Some thoughts on the Greek situation and the ongoing negotiations in Brussels.