Debt
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Economy
A New EU Rescue Fund Promises Solidarity at Last
During a press conference on May 18, French President Emmanuel Macron and German Chancellor Angela Merkel announced action that may…
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Economy
Italy Takes Issue With the ESM
The EU is seeking to reform the eurozone’s bailout fund rules, known as the European Stability Mechanism, or ESM. Eurozone…
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Economy
Greece and Italy’s Rocky Road to Recovery
Greece and Italy have made remarkable progress since the worst of the sovereign debt crisis. Both have jump-started economic growth…
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Economy
Greece Sets Sights on Lower Taxes and Debt
Massive strides are being taken to cut down remaining debt from bad loans – a major deterrent in Greek banks’…
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Economy
Will the Honeymoon Last? Italy Hopes for Political Stability
Italy narrowly avoided another election. The centre-left Democratic Party and anti-establishment 5-Stars Movement came together to reinstate Giuseppe Conte and…
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Economy
Greece Marks Major Economic Milestone in Advance of a Month of Financial Planning
On September 1st, Greece achieved an economic milestone. Capital controls imposed in 2015 at the height of the financial crisis…
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Economy
Everything’s Sunny in Lisbon
Portugal’s looking pretty good these days. Once upon a time stricken by a financial crisis, the country has become Europe’s…
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Economy
Salvini Bet on His Popularity. He Lost – For Now
Following intense public feuding with coalition partner 5-Star Movement, Deputy Prime Minister and League party leader Matteo Salvini called for…
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Business
Italy Emerges From a Recession as France and Spain Carry the Region’s Growth
Italy has once again recovered from a recession – it’s third in a decade. The strong turn in the economy…
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Portugal
Portugal’s Innovation Reduces Bad Bank Loans
Portugal’s sovereign debt crisis in 2011-2014 caused a rash of bad, or non-performing loans, which are loans either in default,…
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