Overall, the EU’s peripheral nations - Greece, Ireland, Italy, Portugal, and Spain - have already reduced their debt-to-GDP ratios significantly since the pandemic and continue to make gradual ...
(Bloomberg) -- A remarkable role reversal is underway across the euro area just over a decade since a series of fiscal crises almost broke the single currency. Back then it was the so-called periphery ...
If peripheral countries want to give something substantial to the world, they must do so without refueling historical forms of expansionism. Peripheral countries are ones that have been oppressed and ...
Spain is different than other periphery countries, contends the vice-chair of Santander (STD), who says higher bond spreads do not reflect the real situation with Spanish debt. Nobel Economist ...
There are doubts that the peripheral countries have the will to cut and tax their way to stability. That leaves growth as the way to balance the books. Where will it come from? The markets are not ...
It is one thing to face higher borrowing costs than other governments, but being charged more than even businesses in the country you govern marks a new low. France’s fiscal position has deteriorated ...
The short-term outlook for France looks more like that of a peripheral country than the strong German economy to which France used to be compared. PMI numbers for France and Germany have diverged ...