euro

Don't worry about the euro!

What is your reaction when you hear that the euro has fallen yet again? While you are thinking, let me tell you mine. It is ”shit!” (or worse). That’s not a very intelligent reaction from someone who studied economics for six years.

An uncertain future

The future of the euro — and of the European Union — are the most important topics for the business press this week.

Themen

Spot the difference Illustration: Bernhard Förth

Back to Buiter

When the great man talks, it pays to listen. Or, in this case, to read. The man in question is Willem Buiter, now chief economist at Citigroup. In his previous incarnation he was the most entertaining blogger on economics. The topic: Greece and Britain.

Chef-Volkswirt

In seinem früheren Leben; hier: davor

Two cheers for Greece?

This might seem like an absurd idea in the current situation, but maybe the EU — or, to be more precise, the eurozone — should be grateful to Greece for the mess it has got into with its public finances. The news is not all bad after all.

Chaos

Down with the dollar?

For much of 2009, the dollar has fallen in value against the euro. In the middle of October, the common European currency was worth more than $1.50 for the first time in 14 months. Is this positive, negative, or just a fact of life?

Währung

Tatsache

International exchange rates

In this test, we look at news related to the dollar and the euro in international exchange rates. Choose the best word from the alternatives to complete the sentences.

Tallinn: heading for stormy times. Photo: R. Roletschek

Keeping Europe together

Eastern European countries have been on a spending spree. Now west Europeans will have to pay the bill, writes The Economist.

im Kaufrausch

More for the euro?

Euro-haters have been rubbing their hands with glee recently. The recession/depression, they believe, will destroy the common European currency — and maybe the European Union itself. These people, of course, are utterly mad.

sich schadenfroh die Hände reiben

europäische Einheitswährung

komplett

A touch of sadness

Recently, a man died who played a key role in my studies of economics. Although I never met him, Sir Alan Walters was the author of one of our standard textbooks. He was also a firm supporter of free markets and an opponent of the euro.

Volkswirtschaftslehre

Happy birthday, part one

What would you do if you invited a friend to your birthday party every year but she never came? Would you decide to stop inviting her, even though you like her? Britain clearly still doesn't want to join the euro party.

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