EconomicsUK: Euro Crisis: Eurozone will fail, says Stephen King of Financial Times

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Financial Times' Exclusive Comment newsletter (December11,2k11)
Reposts here by EconoMix
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Markets Insight: Stephen King - Why the eurozone deal will fail The fiscal compact so desired by northern European nations may eventually come through. It is, however, not the right answer. That’s because no one in eurozone policymaking circles bothered to ask the right question. http://link.ft.com/r/UXDMSS/HYPIV9/BA2H3/MSNROZ/97E5G6/RF/h?a1=2011&a2=12&a3=12  Royal Bank of Scotland on skids, says Richard Lambert - "A catalogue of disastrous decisions"

The collapse of Royal Bank of Scotland was not just the 
result of buying ABN Amro at the wrong price and the 
wrong time, disastrous though that was. Rather, this bid 
was just one of a whole series of bad boardroom 
decisions which, taken together, point to substantive 
failures of board effectiveness. The lessons from what 
went wrong are relevant well beyond the banking system.
http://link.ft.com/r/0QSDPP/XHZG60/8C01R/WT8B4E/30WVLY/QR/h?a1=2011&a2=12&a3=12 

EuropeEconomics: Recession? : No recession as financial institutions stand firm

BBC News (Sep6,2k11)

Jose Manuel Barroso said authorities were doing all they could to tackle the eurozone's debt problems

Barroso says Europe will avoid 

return to recession

Continue reading the main story

Global Economy

• End of the world as we know it?
• Europe's Wile E Coyote moment?
• Charting Europe's economic woes
• What turmoil means for you

Europe will not slide back into recession, and the euro remains "strong and resilient", the president of the European Commission has said.

Jose Manuel Barroso added that the Commission and national governments were "doing all it takes" to tackle the debt problems in the eurozone area.

His comments came after rating agency Standard & Poor's (S&P) said last week that the risk of a double dip recession in the eurozone had grown.

Yet S&P said that it should be avoided.

Read the whole article on the BBC News site.

— EconoMix

EconomicsEurope: EuroZone: Will the Zone and Currency collapse of its own weit?

Financial Times email newsletter (June13,2k11)

-- FT material posted here by EconoMix.

Breaking News  The eurozone heads for break up The muddle-through approach to the eurozone crisis has failed to resolve the fundamental problems of economic and competitiveness divergence within the union. If this continues the euro will move towards disorderly debt workouts, and eventually a break-up of the monetary union itself, as some of the weaker members crash out. The Economic and Monetary Union never fully satisfied the conditions for an optimal currency area. Instead its leaders hoped that their lack of monetary, fiscal and exchange rate policies would in turn see an acceleration of structural reforms. These, it was hoped, would see productivity and growth rates converge. http://link.ft.com/r/9ULF66/DW5QE9/IXWCB/26T6TP/5C6JXU/B7/h?a1=2011&a2=6&a3=13