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The Rest of Europe vs. Germany
Keywords:
The historical allusions in the media in Greece, Italy and Germany, and cultural perceptions which have increased differences in the European Union. This comes at a time of austerity programs in the Southern tier of EU countries and pressure on Germany to fund the debt reduction in some EU countries.
A warning light for Greece to exit the eurozone and return to the drachma to restore competitiveness and growth 2011-2012
05/26/2010
Greece needs to lower prices by 31% just to get to the level of Turkey, says the head of the Ifo research institute in Germany, Wener Sinn. Experts fear a breakdown in civil order inside Greece if deflation at this level occurs with Greece still using the euro. Hollande, the Socialist party candidate in France, also expressed similiar concerns, as reported in the New York Times, calling it a breakup in European governance that followed the breakdown in Greek governance. Sinn says the bondholders are overly exaggerating the risks of a breakup in the eurozone if Greece exits the euro.
Grouped Articles
Germany reaps rewards of entitlement cuts - The Washington Post
Washington Post 09/20/2011
New York Times 09/25/2011
New York Times 05/26/2010
New Attempt at French-German Amity Stumbles in Venice
Wall Street Journal 08/21/2013
German Election Overturns Political Order
Wall Street Journal 09/23/2013
Departing EADS Chief Urges Europe to Recommit to Industry
New York Times 04/12/2012
The focus on competitiveness by economists, credit ratings agencies, and European leaders as austerity measures alone won't work
02/05/2011
Mario Monti focusses on the need for investing in the economy in an interview with German newspaper Die Welt during a January 2011 visit to Berlin. S&P economists and Nobel winner Stiglitz also emphasize this after a downgrade of France's credit rating- the need for improved competitiveness for the economies of France, Spain Portugal and Italy.
Grouped Articles
New York Times 09/25/2011
Wall Street Journal 05/29/2013
The Next First (and Only) 100 Days
New York Times 12/10/2011
A Proud Nation Ponders How to Halt Its Slow Decline
New York Times 08/24/2013
After a Recession in Portugal, the Tiny Green Fruits of Success
New York Times 08/28/2013
France Says It Will Miss Budget Deficit Targets
Wall Street Journal 09/12/2013
Higher German inflation as a way to improve the competitiveness of other eurozone countries in 2012-2015
09/25/2011
Higher German inflation would provide a safety valve in the absence of the ability of countries in the eurozone to devalue their currencies to improve competitiveness.
Grouped Articles
New York Times 09/25/2011
Euro-Zone Inflation Returns to Record Low
Wall Street Journal 02/02/2014
Europe Moving Toward Small Steps to Promote Growth
New York Times 05/10/2012
Euro Zone Edges Closer to Deflation
Wall Street Journal 03/29/2014
Ultralow Inflation Hits Europe in Different Ways, Complicating Fix
Wall Street Journal 11/05/2014
The Upside of Europe’s Ebbing Inflation
Wall Street Journal 12/03/2014
Actions taken by Spain's government of Mariano Rajoy to improve the competitiveness of the economy- 2012-2014
02/08/2012
Grouped Articles
Spain Emerges From Recession but Sees More Austerity Ahead
Wall Street Journal 09/23/2013
Departing EADS Chief Urges Europe to Recommit to Industry
New York Times 04/12/2012
Spain Plans to Burn Its Bridges to Keep Vacationers on the Job
Wall Street Journal 02/08/2012
Spain Approves Changes to Labor Policy
New York Times 02/10/2012
Germany's Inflated Fear of Inflation
Wall Street Journal 02/14/2012
The Rest of Europe vs. Germany
New York Times 02/16/2012
France's manufacturing competitiveness
10/28/2006
Grouped Articles
Wall Street Journal 05/29/2013
The Next First (and Only) 100 Days
New York Times 12/10/2011
A Proud Nation Ponders How to Halt Its Slow Decline
New York Times 08/24/2013
Departing EADS Chief Urges Europe to Recommit to Industry
New York Times 04/12/2012
French competitiveness: France's lost decade
Economist 02/05/2011
The Euro Zone's Brittle French Center
Wall Street Journal 05/28/2011
A two-speed euro-zone
11/29/2010
Grouped Articles
Splits in Euro Zone Emerge Amid Debt Crisis
New York Times 11/29/2010
Germany's Inflated Fear of Inflation
Wall Street Journal 02/14/2012
The Rest of Europe vs. Germany
New York Times 02/16/2012
The IMF's changing views on the value of austerity measures and the "German hypothesis"
04/05/2009
The IMF's economic models suggest that it would take 5 years for the breakeven point at which the economic benefits of austerity measures start exceeding the costs of the measures in declining GDP and higher unemployment. The German view is that this can occur in the short term.
Grouped Articles
Policy âTroikaâ for Europe Financial Woes at Odds
New York Times 06/07/2013
German Election Overturns Political Order
Wall Street Journal 09/23/2013
Known for Tight Spending, I.M.F. May Have to Loosen Reins After G-20 Windfall
New York Times 04/05/2009
Germany Considers Remedies for Slowing Growth
Wall Street Journal 10/08/2014
Merkel Hints at Economic Policy Shift in Germany
New York Times 10/09/2014
How Righteousness Killed the World Economy
New York Times 10/12/2014
Cultural divisions in the European Union
05/26/2010
Austerity programs, the pressure on Germany to fund the debt reduction programs in the EU, and historical allusions in the media, create a difference in cultural perceptions and cultural division in the European Union.
Grouped Articles
New York Times 05/26/2010
German Election Overturns Political Order
Wall Street Journal 09/23/2013
New York Times 11/03/2013
The 'Silent Austerity' in Banking
Wall Street Journal 01/21/2014
The Rest of Europe vs. Germany
New York Times 02/16/2012
New York Times 02/19/2012
Italian prime minister, Mario Monti, on why the European Union will endure regardless of the outcome in Greece
02/10/2012
Mario Monti tells the editors of the New York Times in an interview, that the EU will endure because it was in the interests of Germany. Competitive devaluations if countries left the EU would have an enormous harmful impact on Germany. Germany send two thirds of its exports to EU countries. Monti says even if Greece were to exit the euro the EU will endure. The vision of a united Europe continues to shape its politics.
Grouped Articles
Italy's Monti Hopes Summit Win Plays at Home
Wall Street Journal 06/29/2012
Italian Prime Ministerâs Political Acrobatics
New York Times 04/28/2013
Italian Left Bolstered by Showing in Mayoral Races
Wall Street Journal 06/11/2013
‘The European Union needs Italy’ - The Washington Post
Washington Post 10/18/2013
New York Times 05/22/2014
Italyâs Leader Is Optimistic About Greece and Euro
New York Times 02/10/2012
Why government fiscal discipline alone will not establish a sound financial framework for the Euro currency- the example of Spain
03/03/2010
Spain kept its deficits below the 3% mandated under EU treaties, till recently. Asset bubbles sustained because of bad lending by a country's banks and easy acess to credit from outside the country, are two problems not addressed by tighter budget controls in the revised rules being set after the Dec. 9 EU Summit. Spain's debt problem is to recapitalize these failing banks and debt of regional governments. Spain relied too much on a construction boom for growth, with productivity stalled. Ireland improved competitiveness and attracted foreign investment. This too unraveled in the face of an asset bubble from speculative lending by its banks.
Grouped Articles
New York Times 09/25/2011
Wall Street Journal 03/03/2010
German Optimism Depends On Spanish Deficits
Wall Street Journal 09/25/2013
Euro Zone Deficit Hits Target for First Time Since 2008
New York Times 04/23/2014
Spain's Example Shows Limits of EU Targets
Wall Street Journal 12/09/2011
The Euro Zone's Double Failure
Wall Street Journal 12/15/2011
Competitiveness of France's economy- 2010-2014
10/28/2006
Grouped Articles
Wall Street Journal 05/29/2013
The Next First (and Only) 100 Days
New York Times 12/10/2011
Hollande Boosted by French Growth
Wall Street Journal 08/15/2013
A Proud Nation Ponders How to Halt Its Slow Decline
New York Times 08/24/2013
German Optimism Depends On Spanish Deficits
Wall Street Journal 09/25/2013
Departing EADS Chief Urges Europe to Recommit to Industry
New York Times 04/12/2012
Actions taken by the Italian government of Mario Monti to improve competitiveness in 2011-2013
01/19/2012
Grouped Articles
From Taxis to Tolls, Italy Seeks Competition Push
Wall Street Journal 01/19/2012
Germany's Inflated Fear of Inflation
Wall Street Journal 02/14/2012
The Rest of Europe vs. Germany
New York Times 02/16/2012
Mario Monti and Italy's Generational Crisis | Foreign Affairs
Foreign Affairs 02/14/2012
Wall Street Journal 03/27/2012
Italy's Labor Reforms Are Serious and Will Be Effective
Wall Street Journal 04/07/2012
Lack of competitiveness in the economy of Greece
01/29/2011
Grouped Articles
New York Times 09/25/2011
In Greece, a Brewer's Dream Runs Into Frustration
New York Times 01/29/2011
Gap in Competitiveness Weighs on Europe, Analysts Say
New York Times 01/15/2012
Greek Premier Is Tested in Impasse Over Pay Cuts
New York Times 02/03/2012
Wall Street Journal 02/14/2012
Germany's Inflated Fear of Inflation
Wall Street Journal 02/14/2012
Italy's manufacturing industry
04/09/2011
Grouped Articles
Italian industry: Clusters flustered
Economist 04/16/2011
Italy's economy: The euro's Achilles heel
Economist 04/09/2011
Italy the economy: For ever espresso
Economist 06/11/2011
Italy Business: Renaissance men
Economist 06/11/2011
Italy Needs a Growth Renaissance
Wall Street Journal 06/24/2011
Italy Seeks to Spur Growth, Narrowing Gap With Peers
Wall Street Journal 07/18/2011
The twin problems of lack of growth under austerity plans and overvalued currencies of Italy, Greece, Spain and Portugal
06/24/2011
The twin problems of lack of growth and overvalued currencies under the solutions of austerity plans without debt reduction and a single euro currency create impossible odds for a resolution of the eurozone financial crisis. Germany's insistence on tough austerity measures, European banks delaying restructuring of bad loans similar to the U.S. Brady plan, failure of politicians in Italy and Greece to take early action, and small steps by policymakers, are compounding the effects of the eurozone crisis.
Grouped Articles
German Election Overturns Political Order
Wall Street Journal 09/23/2013
New York Times 11/03/2013
Germany's Surplus Isn't the Problem
Wall Street Journal 11/11/2013
The 'Silent Austerity' in Banking
Wall Street Journal 01/21/2014
Italy Central Banker Is Open to 'Bad Bank'
Wall Street Journal 02/10/2014
Saying No to Austerity, Spain Unveils Tax Cuts
New York Times 06/20/2014
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