Probably no questions are more relevant today than those Niall Ferguson considered in his lecture on Monday (30 January 2012), hosted by the Swiss Institute of International Studies, at the University of Zurich.  Fresh from the World Economic Forum (WEF) in Davos, the answers he gave were far from comforting:  Can Europe collapse? Of course [...]

After yesterday’s vote and the approval today of legislation allowing for the rapid implementation of new austerity measures, one may legitimately wonder what tomorrow has in store for Greece, a country that will always have special significance in the West. Few, it seems, have failed to notice the symmetry in the fact that until Wednesday [...]

With Spain next on the list of eurozone countries on the brink of financial abyss, nerves about the future of the great European experiment are at an all-time high. The narrative of the euro’s crisis seems self-fulfilling as  markets move from one financially challenged euro country to the next, and after the Irish bailout, Portugal [...]