euro crisis


China, alone in the dark

BEIJING | The world was confident about China. She was expected to be the engine of growth of the world economy. The remedy against the bitterness…


I call Angela Merkel’s bluff

By Luis Arroyo, in Madrid | German Chancellor Angela Merkel the executioner recently said that austerity is the right path, and that Canada should provide a…




Is Spain doomed to be rescued?

MADRID | Most observers take for granted that the rescue seems the most likely scenario. They simply look at the rising trend risk premium shows. They may be right. But the right question to ask is why confidence on Spain is faltering so much.




No Picture

The euro, the mistake

By Luis Arroyo, in Madrid | Why did the euro seem to work so splendidly after just a few years …to be about to crash…


You know nothing about the Grexit

JLM Campuzano, Citi strategist, in Madrid | I read half surprised, half indignant, that a competitor released today an investor note in which the pending…