Satyajit, Das, (2013), ‘Europe’s Debt Crisis Endgames—Stealth Solutions’, www.economonitor.com, 24 January. In his novella Chronicle of a Death Foretold (Crónica de Una Muerte Anunciada in the original Spanish), Gabriel Garcia Marquez commences at the end of the story gradually revealing the events leading up to a murder. The non-linear telling creates an unusual tension. With the conclusion known, only the precise steps leading to the tragedy remain unclear. The probable endgame of Europe’s …Read More

Frankel, Jeffrey, (2013), ‘Will Europe’s Fiscal Compact Work?’, www.project-syndicate.org, 18 January. At the start of 2013, the eurozone’s “fiscal compact” entered into force, owing to its ratification on December 21 by a 12th country, Finland, a year after German Chancellor Angela Merkel prodded eurozone leaders into agreement.

Roubini, Ariel, (2013), ‘The Year Ahead in the Eurozone: Lower Risks, Same Problems’, www.economonitor.com, 14 January. Financial conditions in the eurozone have significantly improved since the summer, when eurozone risks peaked because of German policymakers’ open consideration of a Greek exit, and the sovereign spreads of Italy and Spain reached new heights.