Given the exposure of some euro zone states such as Austria, this crisis will also affect the euro area directly.

BRUSSELS The euro area confronts a fundamental crisis that attacks on financial speculators will do nothing to resolve.

What Euro Crisis?

What Euro Crisis?

The IMF s Euro Crisis

The Euro at Mid Crisis

Is the Euro Crisis Over?

The euro is the composite currency of an area with a poor growth record and an inadequate response to the economic crisis.

How to Resolve the Euro Crisis

The euro crisis followed a similar pattern.

Will the Euro Survive the Current Crisis?

Third, the euro area needs fiscal co insurance.

Germany s third illusion is that the current crisis is ultimately a euro crisis.

That was the root cause of today s euro crisis.

There is a parallel between the ongoing euro crisis and the international banking crisis of 1982.

The euro crisis thus offers Europe an opportunity to reestablish trust.

The euro crisis, however, has turned the EU into something radically different.

The euro crisis has now turned the EU into something radically different.

Despite its problems, the euro is very likely to survive the current crisis.

MUNICH To understand the euro crisis, you obviously need to know about economics.

But the financial and economic crisis has demonstrated the benefits of euro membership.

These two examples justify my description of the euro crisis as a nightmare.

Also for the euro area, the Ifo Economic Climate index registered a dramatic decline.

ROME The euro contagion triggered by Greece s sovereign debt crisis has now infected Italy.

Escaping the euro crisis is less a matter of economics than of political will.

German Chancellor Angela Merkel likes to emphasize, rightly, that one should not speak of a euro crisis, but of a debt crisis.

FRANKFURT Europe s politicians nowadays are desperately looking for someone to blame for the euro crisis.

Back then, we wrote rather mildly that Europe had been distracted by the euro crisis.

PRINCETON The euro crisis and Queen Elizabeth s recent Jubilee seem to have nothing in common.

So the euro must earn its reputation crisis by crisis to confront the dollar s dominance as the currency of choice for international transactions.

And, obviously, only 16 nations within the 27 member EU s free trade area use the euro.

There is also continuing talk of creating a single monetary area similar to the euro zone.

Until the recent crisis in Greece, the US benefited from a weak dollar euro exchange rate.

The euro crisis is a serious shock, and is now producing ripple effects around the world.

Likewise, today s euro crisis is harder to resolve because of the euro s strength in currency markets.

Ditching the euro might trigger a banking crisis, capital flight, inflation, and perhaps even sovereign default.

LISBON RIGA Is the Europe that is emerging from the euro crisis a German one? During the euro crisis, power in the European Union seems to have shifted towards national capitals in general, and towards one national capital in particular Berlin.

As for the birthplace of the euro crisis, Greece s debt will almost surely have to be restructured.

In the opening panel on The Euro Crisis and the Future of the EU, cautious optimism prevailed.

Meanwhile, Germany benefited from the euro crisis, which depressed the exchange rate and boosted its competitiveness further.

At the same time, the euro crisis is inciting suspicion, antagonism, and new divisions in the eurozone.

Yet they are the obvious solution to the root cause of the euro crisis, which is that joining the euro exposed member countries government bonds to the risk of default.

With the euro crisis likely to continue unabated, America s continuing malaise does not bode well for global growth.

The sharp depreciation of the euro after the crisis helped sustain German exports, thereby keeping the eurozone afloat.

Second, the IMF s heavy involvement in the prolonged euro crisis looked like preferential treatment of Europe and Europeans.