Christine Lagarde, the bank’s new president, is facing her first big crisis. She doesn’t have much room to maneuver.
Tag: Eurozone
Coronavirus Shock Could Push Europe Into a Downturn
Germany and other countries were already vulnerable. The longer the Chinese economy remains crippled, the bigger the risk to the rest of the world.
European Economy Slows, Raising Expectations of E.C.B. Action
The eurozone economies grew 0.2 percent last quarter, and inflation remains far below the European Central Bank’s target.
Christine Lagarde Faces a New Challenge in Europe
She’s run the I.M.F. She’s a lawyer. She’s not an economist. Does that matter as she prepares to lead the European Central Bank?
Greece’s Experiment With Populism Holds Lessons for Europe
Greece’s radicals won praise for transforming themselves into a mainstream party of the center left. But the country’s economy has suffered greatly under their leadership.
Italy’s Toying With a ‘Mini-BOT’ Worries E.U. and Investors
The populist government says issuing mini-treasury bills, similar to IOUs, would help Italy deal with its debt. Others see a scheme to leave the euro.
European Union Warns Italy to Reduce Spending and Borrowing
The warning by the European Commission was expected in the face of a populist government that intends to cut taxes and increase spending and despises Brussels.
New 100- and 200-Euro Notes Are Safer, Sturdier and Vegan Friendly
The bills, which entered circulation on Tuesday, complete the European Central Bank’s overhaul of paper money to make it easier to handle and harder to forge.
The Messier Brexit Gets, the Better Europe Looks
The British meltdown has muted talk in other countries about quitting the E.U. But that does not mean the populist threat to Europe’s cohesion is gone.
Unrest in France Hinders Macron’s Push to Revive Economy
The Yellow Vest protests roiling the country have cost businesses billions of euros and threatened President Emmanuel Macron’s strategy for growth.