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"Euro Crisis" tag

German finance minister pushes for EU treaty change

German Finance Minister Wolfgang Schäuble sees a window of opportunity to push through a deep reform of EU institutions. He thinks Europe’s crisis-fighting efforts have created momentum for changing the EU treaty. Wolfgang Schäuble wants...

Part II -The real reason for euro zone collapse: heterogeneity of euro states

The first article of this Two part Series Historical differences in economic institutions jeopardized the Euro currency Is it not strange that Europeans do not have the same vision of economy? Just as in India, there...

The real reason for euro zone collapse: heterogeneity of euro states

The first article of this Two part Series Two weeks ago (Oct. 4), the European Central Bank (ECB) decided to let its key rate unchanged at 0,75%, its level since last July. The ECB also...

Greece Bailout Ver 2.0 : What Next?

Mumbai, February 20, 2012 : It seems Greece is going to get second bailout package in order to avoid default on March 20. Investors appeared increasingly optimistic that European officials would resolve remaining differences and...