Posts tagged 'EMU'

The surprisingly long path to US monetary union

Kate is FT AV’s Asia Correspondent. She joined FT Alphaville in mid-2011 after carrying out various roles in the FT’s London office since 2005: interactive editor, companies reporter, and founding editor of the FT’s Energy Source blog.

Learn more

| Subscribe to Kate's posts
| Jan 29 10:07 | Comment |

European monetary union: so troubled, so awkward and ill-conceived, et cetera.

And so… speedy?

We spent a bit of time last year pondering precedents and possible scenarios for monetary union break-ups, of which there are few with much appeal. But Deutsche Bank strategist Stuart Parkinson makes the interesting argument that it took about 147 years for the US to become a monetary union. Read more

Iron Lady did not like ironclad EMU

Tracy Alloway used to be deputy editor of FT Alphaville. Here she learned the details of derivatives, the absurdities of accounting and the various structures of ... erm ... structured finance. She now covers big US banks for the FT paper, including Goldman Sachs and Morgan Stanley. She pops up on FT Alphaville every once in a while.

Learn more

| Subscribe to Tracy's posts
| Nov 19 2010 10:20 | Comment |

Eurozone hindsight, ain’t it fun?

Peter Oborne, the Telegraph’s chief political commentator, certainly thinks so. In a Thursday column Oborne makes the point that the UK’s own recession would have been much worse if the country had been locked into the monetary union — and unable to lower its interest rates or devalue its currency — as rapidly as it did. Read more

The three risks to global growth, from Barclays Wealth

| Jul 19 2010 20:39 | Comment |

Three regions, three problems.

According to strategists at Barclays Wealth on Monday, the global economy is facing three big risks in three big regions: Read more

EMU break-up risks UK depression worse than 1930s, says ING

| Jul 16 2010 11:06 | Comment |

ING recently spelt out what a eurozone break-up would mean for the global economy — seemingly much to the delight of commentators like the Telegraph’s Ambrose Evans-Pritchard.

From the July 7 edition of the British paper: Read more

Greece and the eurozone: what next?

| May 05 2010 15:18 | Comment |

Some analysts and politicians have suggested Greece should leave the eurozone, but such a move would neither be easy, nor even a solution to either the Republic’s or the currency union’s woes. From a strictly legal standpoint, the challenges are formidable, not least because there is no precedent for either withdrawal or expulsion from European Monetary Union. FT Alphaville has more. Read more

A drachma-tization

Izabella Kaminska joined FT Alphaville in October 2008. Before that she worked as a producer at CNBC, a natural gas reporter at Platts and an associate editor of BP's internal magazine.

Learn more

| Subscribe to Izzy's posts
| Jan 18 2010 14:49 | Comment |

Could Greece be forced out of the euro zone – or for that matter the EU – as a result of its fiscal delinquency?

As we reported last week, it’s a matter recently taken up in an EU paper entitled “Withdrawal and Expulsion from the EU and EMU: Some reflections” by Phoebus Athanassiou and published in December 2009. Read more