The eurozone unveiled some nasty economic news early this morning. For starters, Germany dropped its first-quarter 2009 GDP number…
May 18th, 2009 | Ian Mathias | 0 comments | ContinuedAll Posts Tagged With: "eurozone"
Whiskey & Gunpowder
For the present, there is hardly anyone who is an immediate advocate of joining the euro, though there are plenty of europhiles who would expect Britain to join the euro at some future date. At the same time, the euro has become more attractive to the weaker European currencies which are outside the Eurozone…
February 26th, 2009 | William Rees-Mogg | 4 comments | Continued
European Governments of the Eurozone are Separately Responsible for Their Euro-debt
About a year or two ago, I expressed a doubt that the euro could survive a major shock, such as had repeatedly occurred in the Europe of the twentieth century. I mentioned the two World Wars, the Russian Revolution and the Great Depression as three events which would probably have led to a break up of a single European currency…
November 6th, 2008 | William Rees-Mogg | 2 comments | Continued