In September 2012, the E.U. state of Greece was in the process of working out a 11.5 euro austerity plan that would involve forced retireme...

The New York Times reported in 2012, “Spain has a stubbornly high budget deficit, its banks require tens of billions of euros in rescue l...

Speaking at the World Economic Forum in Davos, Switzerland on January 25, 2013, Mario Draghi, president of the European Central Bank(ECB)...

“While patrolling on a recent cold night, environmentalist Grigoris Gourdomichalis caught a young man illegally chopping down a tree on p...

Richard Sulik, Parliament Speaker of the Slovakian legislature, argued that the only real solution to the debt crisis in the E.U. was rigor...

Call it over-confident bravado or perhaps a lapse into utter transparency; trader Alessio Rastani’s comments on BBC give the rest of us a g...

"You have lost a good opportunity to shut up," Sarkozy said to Cameron during a bitter two-hour exchange which held up a meeting ...

The collection of essays comprising The E.U. Political Economy looks broadly at the E.U.'s federal system, with particular attention t...

Only days after appealing to the will of the people, Greece’s prime minister put forward a proposal to the state’s creditors that contradic...

On June 27, 2015, Greek Prime Minister Alexis Tsipras announced a referendum on whether Greece should accept additional austerity in the f...

Sometimes monetary policy and federalism can interact in interesting ways. To grasp a particular relation, such as that of Romania in the...

Finland became a state in the European Union in 1995 and adopted the euro at its birth in 1999. In terms of population, the state is betw...

According to one director of a public-debt consulting firm in the E.U., “In the realm of investor perceptions, Spain h...

By mid 2012, the verdict was in on the German-led recipe for restoring states overwhelmed by public- or private-sector debt: Austerity is co...

Meeting on May 23, 2012, the E.U.’s European Council failed to come up with a plan to offset the recessionary aspect of Greece’s budget cu...

At the G-8 summit at Camp David in May 2012, E.U. and U.S. leaders met with the leaders of four E.U. states (Italy, Germany, France and B...

Under pressure to join a unity government in Greece with the New Democracy and Socialist parties, Tsipras of a “radical left” Syriza party...

As Greek party leaders struggled to put together a government in May 2012 after a splintering election, a major (and contentious) issue wa...

The Socialists and then the New Democracy Party told Greeks that sacrifices were necessary to avert default on the state’s debt. This po...

In the wake of the agreement whereby private holders of Greek debt would swap the bonds and take a 75% loss, two or three percent of the p...