Euro

Has the single currency proved its worth?

15 January 2019 16:22

Against a background of drooping eurozone growth (the consensus forecast is 1.6 per cent this year) I met no one…

The euro is the most dysfunctional currency ever created

2 January 2019 10:38

Even by his usual standards of self-satire, Jean-Claude Juncker was on top form to open the new year. As he…

Greece’s economic misery is far from over

20 August 2018 15:12

A couple of years ago, I was driving from Athens airport to the Peloponnese along the sparkling new highway that…

Don’t blame the populists for Italy’s chaos

30 May 2018 10:52

Bond yields are soaring. Stock markets are tanking. The banks are looking wobbly, and money is starting to drain out…

Will the next Italian elections be a referendum on democracy?

28 May 2018 12:13

Is Italy descending into political chaos? Some may shrug their shoulders and say well, it is Italy. Yes, Italy has…

Why Italy’s new populist government collapsed before it even began

28 May 2018 8:55

Italy’s new populist government – the first in western Europe – collapsed last night before it even had the chance…

The Euro’s badly-needed reform could finally be on the cards

20 June 2017 17:44

Has Germany finally started to shift its position on the future of the Eurozone? Speaking today, at a conference for…

The Greek crisis continues to strike terror into the EU establishment

18 February 2017 9:30

I didn’t have to be Delphic to predict that the Greek crisis wasn’t over when an €86 billion third bailout…

What the papers say: Britain’s soaring EU budget bill shows Brexit can’t happen soon enough

14 February 2017 8:43

We’ve heard that Brexit could cost Britain billions in the form of a divorce bill from Brussels. But what is…

Marine Le Pen’s plan to leave the euro is deranged

9 February 2017 13:18

Unemployment is crucifyingly high. Factories have lost competitiveness. The share of euro-zone exports is in relentless decline. Industrial production is…

Sorry Remoaners. The British peso is on its way back

6 December 2016 14:46

We were about to see parity with the dollar. It was fetching less than an euro at the airport. Spiralling…

Beppe Grillo says he’s ready to govern after Renzi resigns

5 December 2016 8:06

It started with a blog, and it could end up with a new Prime Minister. Beppe Grillo’s 5-Star movement, which…

This Labour leadership contest has represented an intellectual surrender to Corbynism

24 September 2016 9:05

The Labour leadership result isn’t announced until 11.45am today. But whatever the result—and no one seems in much doubt what…

‘Shall we go or shall we stay?’ Jim Broadbent and Lindsay Duncan in

British expats in the EU fear a stronger euro far more than they fear Brexit

1 March 2016 13:08

British expats in France fear a stronger euro far more than Brexit

Employment at a new high, borrowing costs at a record low. So who’s afraid of Brexit?

17 February 2016 12:14

The Chancellor certainly will have plenty to boast about in his next Budget. Today’s figures show an employment rate of 74.1pc, the…

If Deutsche Bank collapses, it’s taking the euro with it

11 February 2016 13:06

The queues haven’t started forming outside branches in Frankfurt or Cologne yet. Even so, it is hard not to suspect…

An independent Scotland could easily have been the next Greece

14 July 2015 10:54

I wonder how many Scots who voted ‘Yes’ in last year’s referendum are watching events unfold in Greece and having…

Have the Greeks just blinked?

9 July 2015 23:36

The Syriza-led Greek government has just submitted a new set of proposals to their creditors. It appears to shift Greece…

Left-wing Eurosceptics are finally starting to reveal themselves

9 July 2015 16:19

Even if everything goes wronger still, the Greek No vote is a great victory for the left. Until now, the…

Merkel strikes an uncompromising tone as the ECB tightens the squeeze on the Greek banks

6 July 2015 19:15

François Hollande and Angela Merkel have both given brief statements to the media ahead of their dinner this evening. Hollande…