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Banking Crisis EMU

Is Europe Doing Enough?

The New York Times carries an article today about whether Europe is doing enough in terms of its institutional response to the financial crisis, whether in relation to management of sovereign risk in individual countries or in relation to the economic slump: you can read the article here.

Categories
Banking Crisis Economic Performance EMU

A Primer on the Financial Crisis

The EEAG Report on the European Economy 2009 has just been released.  This report is written by a panel of excellent economists and is full of interesting analysis.  In particular, Chapter 2 provides an outstanding primer on understanding the financial crisis.