Mr. Simitis imposed financial measures to prepare for Greece’s entry into the eurozone and laid the groundwork for the Olympic Games’ return to Athens.
Tag: Euro (Currency)
Jacques Delors, Passionate Architect of European Unity, Dies at 98
As the executive of the European Union for a decade, he oversaw its increasing economic integration and led the drive for a single currency, the euro.
Wolfgang Schäuble, German Politician Who Helped Forge European Unity, Dies at 81
An important figure in the reunification of East and West Germany, he played a key role in shaping German politics for decades and was once seen as a likely chancellor.
Europe Vowed to Make Russia Pay for the War. It’s Not That Easy.
Confiscating Russian state assets frozen by the United States and Europe could breach international law and set a dangerous precedent, experts say.
Nigel Lawson, Economic Force Under Thatcher, Dies at 91
As chancellor of the Exchequer, he helped lift Britain with tax cuts and other Conservative measures — the “Lawson Boom” — but harder times followed, and he resigned in bitterness.
As Dollar Strengthens, U.S. Students in Europe Feel the Benefits
The pound and the euro are trading at decades-long lows against the dollar. For American students abroad, that has made weekend trips, dinners and theater tickets (somewhat) less of a splurge.
Italy’s Crisis Redoubles European Foreboding
Europe is being tested, not only in its united front to Russia, but in the very resilience of its democracies, as nationalist forces sympathetic to Russia remain untamed.
Europe Struggles to Defend Itself Against a Weaponized Dollar
Despite warm words from Biden, U.S. secondary sanctions against Iran, Russia and others punish European companies and prompt new calls for strategic autonomy.
Mario Draghi Saved the Euro. Can He Now Save Italy?
Mario Draghi has broad support as he tries to form a new government and restore Italy’s credibility and clout in Brussels. But Italian politics is a dangerous place for an enigmatic technocrat.
As Europe Confronts the Coronavirus, What Shape Will Solidarity Take?
Contentious talks over how to help economies decimated by the virus have become a pivotal political moment for the world’s richest bloc of nations.