Europe Needs an Alexander Hamilton, Not More Budget Hawks
Without mutual debt in the form of Eurobonds, the continent’s economic crisis will get worse, Euroskepticism will increase, and the EU could fall apart.
How the Economy Will Look After the Coronavirus Pandemic
The pandemic will change the economic and financial order forever. We asked nine leading global thinkers for their predictions.
The Coronavirus Will Destroy Turkey’s Economy
Ankara’s finances were weak before the pandemic—but the combination of external debt, a public health crisis, and a president who chooses to protect his reputation rather than his people could spell disaster.
Theresa May Should Go After Putin’s Debt
The Russian government's greatest weakness is its dependence on Western investors.
Italy’s Election Is a Shipwreck
Italians are rearranging the deck chairs as their country irrevocably sinks.
Europe, Once Again, Kicks a Long-Term Solution to Greek Debt Down the Road
Everyone says Athens needs debt relief. But Germany won’t give it.
IMF Chief Paves a Path For Another Greek Rescue
The emergency-lending bank satisfied German demands, but won’t contribute more cash to the bailout until Greece gets some debt relief.
If Anyone Can Bankrupt the United States, Trump Can
The president-elect’s economic plan is a ticket to debtor’s prison.
Senate Pulls Puerto Rico Back From the Brink of Fiscal Ruin
The Senate gives Puerto Rico a reprieve two days before a debt deadline.
Germany Won’t Cut Greece Any Slack On the $358 Billion It Owes But Can’t Repay
Greece is set to get cash from Europe, but not relief on debt it can't pay.
The Puerto Rico Rescue Is Going to Be a Tough Sell To Opponents
The House and White House now have to win over those opposed to providing Puerto Rico debt relief.
Germany Appears to Cave on Greek Debt
Germany appears to be ready to offer some concessions to Greece.
Donald Trump Wants To Make America Greek Again
Donald Trump wants to withhold payment on U.S. debt. It would be a disaster.
Puerto Rico’s Financial Pain Is Only Getting Worse From Here
Puerto Rico defaulted on what amounts to a drop in the bucket of what it ultimately owes.
Puerto Rico Is on the Brink of Default
Puerto Rico is about to miss payment on $422 million it owes creditors.
IMF Chief Warns Greece Can’t Meet Terms of Its Debt Deal
IMF chief Christine Lagarde said Greece cannot meet the terms of its bailout deal with Europe.
Greece’s Debt Crisis Arrives in Foggy Bottom
Greece and its creditors are bringing their debt standoff to Washington.
After 15 Years, Argentina Agrees To Pay Back U.S. Creditors
Argentina ends 15 years in the financial wilderness after agreeing to pay its debts.
Greece’s Bailout Deal with Europe Is Starting to Show Cracks
Greece is falling short on reforms it promised in exchange for a third, $95 billion bailout. EU officials are telling Athens to move more quickly, or else money it desperately needs could be delayed.