Last week rumours circulated that Greece is considering leaving the eurozone. In addition, representatives of the European Commission and European … Continue reading “Blackmail by Athens?”

General elections in Finland rarely secure much coverage across mainstream European media, but the results of – and fallout from … Continue reading “True Finns are right to oppose EU bailouts”

As top Portuguese banks give public signals that they will stop buying government debt, pressure is mounting for an immediate … Continue reading “Can Portugal avoid a bailout?”

I suspect that I am less of a disciple of the Austrian School of economics than many readers and many … Continue reading “Austrians, poker and bubbles”

The EU, national governments, academics and media are discussing how to rebuild the shattered EMU stability framework , after the … Continue reading “Euro stabilisation plans are flawed”

After years of continuous growth in public spending and public debt, the Portuguese economy finds itself in a bleak situation … Continue reading “The crisis: a view from Portugal”

This weekend the EU finance ministers, the EU and the IMF agreed a huge bailout package for the troubled eurozone … Continue reading “The EU rescue package is not a long-term solution”

The Austrian Business Cycle Theory (ABCT), developed largely by Ludwig von Mises and F. A. Hayek , predicted the present crisis … Continue reading “Euro bailout: has Germany opened a Pandora’s box?”

After Greece and Ireland, it seems increasingly likely that Portugal may become the third euro-area country to be bailed out … Continue reading “Euro crisis: the prognosis for Portugal is dire”