Portugal – Schirach Report

Martin Feldstein’s Recipe For Southern Europe: Stimulus Now But Combined With Credible Public Spending Cuts Sensible idea. However, the problem is that "Club Med" is too tired and too weak. Limping along is the best it can do

By Paolo von Schirach Related story: https://schirachreport.com/index.php/2013/07/08/europe-will-continue-bailing-out-its-weak-southern-members/ July 9, 2013 WASHINGTON – In a recent piece (see link above)...

Europe Will Continue Bailing Out Its Weak Southern Members This endless financial aid program is not sustainable. What will Germany do after its political elections?

By Paolo von Schirach July 8, 2013 WASHINGTON – Back in 2009, at the very beginning of the Eurozone...

Europe’s Problems Go Way Beyond How To Deal With Austerity – The EU Should Seriously Rethink Who Belongs and Who Does Not – The Poor South Will Never Catch Up

By Paolo von Schirach April 24, 2013 WASHINGTON – Recently the WSJ provided a lengthy insight into Germany’s role...

With The Elections Now Behind US, What Will The US Do About Serious Fiscal Reform? Obama Did Not Produce Any Clear Plan During The Campaign – Bending The Spending Curve Requires Spending Cuts That The President Promised He Would Fight Against

By Paolo von Schirach November 9, 2012 WASHINGTON – President Obama got re-elected in large part because...

IMF Christine Lagarde Believes The Euro Has to Succeed In Order To Keep European Countries Together – How So? EU Countries Will Do Fine Even If Some Eurozone Members Have To Go

By Paolo von Schirach April 21, 2012 WASHINGTON – IMF Managing Director Christine Lagarde stated in a...

The EU “Fiscal Compact” May Not Work, Argues Martin Feldstein – Bond Markets Already Penalizing Weak EU Members – In the End Greece, Spain, Portugal And Italy May Have To Leave The Euro

By Paolo von Schirach April 5, 2012 WASHINGTON – Until yesterday the EU leaders and many international...

S&P Downgraded Italy to Negative – Cites Inability to Tackle Debt Now at 125% of GDP

By Paolo von Schirach May 21, 2011 WASHINGTON– The list of sick Euro-zone countries, comprising now Greece,...