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Tag Archives: global financial crisis

Whither Europe?

Among all the discussion of the possible flow-on consequences of the global financial crisis, one which may have very significant long ramifications is the impact on the long-term future of Europe as a political and economic entity.
Nobel Prize winning economist Paul Krugman questions whether European governments were wrong to let themselves become so tightly integrated, [...]

Latvia follows Iceland. Who's next?

The Global Financial Crisis* led directly to the collapse of Iceland’s government last month. Now Lativa is following suit, with their Prime Minister handing in his resignation. As with Iceland, it looks like this will lead a new Coalition government being negoitated, rather than an immediate election. Just a few years ago, Latvia’s economic growth [...]