Over 60% of Greek voters said no to austerity measures by the EU and the IMF in the last elections. What does that mean?
As the rhetoric against austerity became increasingly intense, the euro zone should revise its austerity policy to tackle its long-run issues ... such as skyrocketing unemployment.
The global economy might be at risk as Cyprus struggles with their banking crisis. Big government is to blame, not capital mobility and economic freedom.
“It is time for a Greek payback,” proclaimed Ms. Lagarde, the Managing Director of the IMF last week in her interview for the Guardian. This diplomatic gaff caused a chain-reaction in Europe.
What's included in the bailout deal? Its a fiasco for Cyprus and the euro zone, but will it cause further global economic instability to the U.S.?
While much of the discussion regarding the Cyprus deal has been about Russian tax evaders, many forget the struggle of business-owners, service-providers, and job-creators.
The latest Euro zone nation to undergo a financial crisis, Cyprus, has raised question about offshore banking and money laundering. But Cyprus is far from the only country in trouble.
Unemployment in the euro zone steadily rising and hitting new records. The EU unemployment rate in August was 11.4%, a 17-year high.