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Diverging current account balances in the euro area
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While the current account of the euro area is broadly in balance, there are huge divergences among the member states. |
Countries
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.
Spain on the verge of a nervous breakdown
26.03.2008
By: Jaime Pozuelo-Monfort
An anticipated slowdown may become a sudden halt with a severe correction for Spain's economy. As the Almodovar girls, many Spaniards are on the verge of a nervous breakdown.