Individual Euro Area Countries

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Diverging current account balances in the euro area



While the current account of the euro area is broadly in balance, there are huge divergences among the member states.

Countries

A tale of two countries

03.06.2008

By: Wolfgang Münchau

France is reforming, Germany is not only not reforming, but anti-reforming, with new minimum and soon perhaps maximum wages. So why is everybody so optimistic about Germany, and so pessimistic about France?


How strong are Spanish banks?

28.04.2008

By: Jaime Pozuelo-Monfort

Spain's banking sector may be strong, but it is taking a big hit by the property crisis at the moment. The real estate crisis will not be over until at least until 2010.


A Berlusconi-Sarkozy alliance in Europe?

17.04.2008

By: Richard Robert, Telos think tank

As French President Nicolas Sarkozy was among the first to congratulate the newly elected Italian leader, concern is growing on a possible Berlusconi-Sarkozy alliance in Europe. But even if both leaders have a common rhetoric on specific topics, such as monetary or immigration policy, their goals and strategies look different.


Bertie's legacy

06.04.2008

By: Alan Ahearne, Bruegel and NUI Galway

As Bertie Ahern's ten-year tenure comes to an end, so does Ireland's extraordinary economic boom.


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