Posts Tagged ‘euro’

  • Cypriot Euro

    The Eurozone: A “Cypriout?”

    Jul 12, 13 • 425 Views • No Comments

    First people were concerned about a Grexit and now it’s the Cypriout. A German euro, a Greek euro, indeed all euros are supposed to be the same money. Traveling across the eurozone, in any of the 17 countries with the euro as its currency, people should...  [read more]

  • euro zone map

    A New Greek (Economic) Fuel: Olive Oil

    Oct 26, 12 • 1135 Views • No Comments

    The Greek government needs its newest bailout infusion. But in return, austerity would include (among many other requirements) cutting certain civil servants’ salaries by as much as 35%, raising the retirement age again but this time to 67, and...  [read more]

  • Three awards

    A Euro Zone Olympic team?

    Jul 13, 12 • 231 Views • No Comments

    Sharing a larger and more varied pool of European talent was supposed to create an economic synergy. Starting with the European Coal and Steel Community in 1951, the first step was free trade. Nations were added, trade barriers disappeared, and by 2002, they...  [read more]

  • How much should cities plan for the storm of the century?

    Greek Banks and the “Perfect Financial Storm”

    Jun 8, 12 • 241 Views • No Comments

    Like New York’s Knickerbocker Bank in 1907 or Jimmy Stewart’s 1930s bank in It’s a Wonderful Life, the ingredients of a classic run include distraught depositors and rumors of a bank’s imminent demise. Lines are long, emotions are...  [read more]

  • 16449_3.9_000008354384XSmall

    A New Drachma?

    Jun 23, 11 • 244 Views • No Comments

    According to a 2002 BBC report, Greece was the least prepared to make the switch to the euro in 2002. During the transition only 1/6 of all businesses in Greece had received their euros. Now, Greece remains a dysfunctional euro nation. Can it leave? Not...  [read more]