Interview with ECB Vice President de Guindos: "We Had to Act"
#International #Business #EuropeanCentralBank #EuroCrisis #Coronavirus

The European Central Bank's bond-buying program has been heavily criticized in Germany․ But ECB Vice President Luis de Guindos says it is a necessity in these times of crisis․ He also praises the German response to the economic impacts of the coronavirus pandemic․

Yanis Varoufakis: A Former Leftist Icon Turns to Science Fiction
#International #Europe #Greece #DebtCrisis #EuroCrisis #EuropeanUnion

As Greek finance minister, he made a name for himself for standing up to Germany․ But his political star burned out quickly․ Now, Yanis Varoufakis is trying his luck at writing novels․

A First Look at Angela Merkel's Legacy: The Era of Missed Opportunities
#International #Germany #AngelaMerkel #GermanPolitics #EuroCrisis #BankingandFinance #VladimirPutin #Coronavirus

Angela Merkel's 16 years as German chancellor have been characterized by crisis after crisis, most of them global in nature․ Her intellect has been a critical tool in addressing those challenges, but her follow through left a lot to be desired․

Controversial Eurozone Accession: Concerns Rise as Bulgaria Prepares to Join the Euro
#International #Europe #Bulgaria #EuroCrisis #EuroCrisis2010 #DebtCrisis #BankingandFinance #EuropeanCentralBank #GreekDebtCrisis2010 #EuropeanUnion

Bulgaria has significant problems with corruption and money laundering․ Nevertheless, the European Union is prepared to accept the country as the next member of the eurozone․ Many fear that might be a bad idea․