Time Unlikely to be a Healer for Portugal's Economy

In a strict sense, the answer to this question has to be no and indeed the most recent turn of events have put Spain back in the spotlight much to the chagrin no doubt of the EU and IMF. Simply put, Portugal is manageable but Spain may turn out not to be. In this . . . → Read More: Time Unlikely to be a Healer for Portugal’s Economy

Keith Schaefer: Predicts Market Rebound After Solution to European Debt Crisis

Oil and gas producers have come to rely on the know-how and skills of an innovative group of service providers that create efficiencies through novel technologies and products. Keith Schaefer, editor and publisher of The Oil and Gas Investments Bulletin, believes investors can both derisk their portfolios and achieve growth with energy services . . . → Read More: Keith Schaefer: Predicts Market Rebound After Solution to European Debt Crisis

Crunchtime in the Eurozone

I am handing the mike to my good friend and colleague Edward Hugh who has penned what I consider to be the most accurate analyses to date of the issues facing the European continent.

With fiscal union off the table, there are basically three possibilities. The first is to stay more or less where . . . → Read More: Crunchtime in the Eurozone

Heard at the ECB's governing council's pre-conference meeting ...

With (sincere!) apologies to La Roux;

Going in for the Hike

(lead singer JCT with refrain by Axel Weber)

We can fight our crises But when we start seeing prices We get ever so cross And must show we’re the boss They say we shouldn’t care about the headline But we believe it’s just . . . → Read More: Heard at the ECB’s Governing Council’s Pre-Conference Meeting…

EU Flags the Risk of Debt Snowballs in Southern Europe – Irony or Tragedy?

As it seems that we are finally about to get something which resembles a stable summer here in Denmark it may seem strange to suddenly start talking about snowballs. Yet, the idea of debt snowball is very relevant in the current environment as it relates to the potentially unstoppable development in public/domestic debt levels . . . → Read More: EU Flags the Risk of Debt Snowballs in Southern Europe – Irony or Tragedy?

EU vs. USA

I published a brief analysis (link) for the European Enterprise Institute, discussing a pattern of a growing income differential between the EU and America. The financial crisis diminished European growth rates and further widened the economic growth between the two continents.

Given a weak economic outlook for EU countries, the gap between European Union . . . → Read More: EU vs. USA