Gelsenkirchen (Germany) (AFP) - John O'Shea marked his 100th cap with a last-minute equaliser to seal Ireland's dramatic 1-1 draw with Germany on Tuesday as the world champion's Euro 2016 qualifying woes continued.
Echoing statements I have made many times, PIMCO says the single currency area must become a "United States of Europe" in order to secure its future.Please consider Eurozone can't survive in current form, says PIMCO.
The standoff between Greece and its creditors on how to proceed on its bailout program risks triggering a simultaneous cash and credit crunch, which could drive the country out of the euro area.
Here’s how a worst-case scenario could unfold:
By Yanis Varoufakis, a professor of economics at the University of Athens. Cross posted from his blog.
Is Chancellor Merkel right when she recently said: “Greece should not have been admitted into the euro area”?