Monti lashes out at Germany ahead of summit - FT.com

Monti lashes out at Germany ahead of summit By Guy Dinmore and Giulia Segreti in Rome and Peter Spiegel in Brussels ©Reuters Mario Monti has set the stage for a tough fight with Germany at the EU…


If it's 2008 redux, there is one big difference. It's Summer not Fall.

Everyone is nervous about Europe.  Me too.  I have no way of knowing how much of this is already priced in the market.  You'd have to say a lot based on the violent reaction in the oil patch, some…


Euro like a bad marriage that's too expensive to leave

I've been struggling with a metaphor to describe the state of affairs in Europe.  I've got it now.  It's a bad marriage .  All parties now realize they'd be better off ending it except they can't…


Soros says Europe has three months to avoid catastrophe

I don't pretend to know what's going to happen but I've said many times, the world would be much better off without the euro.  For reasons beyond my comprehension, the Europeans seem hell bent on…


Spain’s Banking Rescue Should Become Example for Europe - Bloomberg

Spain’s Banking Rescue Should Become Example for Europe   Europe’s leaders can’t save their currency union without figuring out a way to salvage the region’s banks. Spain is a perfect place to…


France Said to Seek Faster Start to EU Iran Oil Embargo

Oil markets see a bit of a boost from France's push toward cutting the grace period before implementing a ban on Iranian crude in half, breaking a 4 day loosing streak.