Mase: Economics and Finance

It ain’t over until it’s over… The yield on the 10-year Portuguese government bond closed above 14.80 percent yesterday, a new rec...

“Bank Seeks To Avoid Taking Loss On Bonds.” So reads the headline for the New York Times article on the dilemma of the European C...

Tuesday, a new player moves into the top rung of European officials dealing with the European financial crisis.   Mario Draghi is not “n...

The first response of world financial markets to the eurozone package produced early Thursday morning was positive.   The second respons...

The European Central Bank raised its policy interest rate by 25 basis points this morning and, I believe, changed the game. Mr. Trichet, p...

How important is reputation in monetary circles? I believe that the general movement in the value of the Euro relative to the United States...

Jean-Claude Trichet, the President of the European Central Bank (ECB), made headlines toward the end of last week by suggesting that the ECB...

Europe has been relatively quiet recently, except for occasional bursts of news coming from or about German Chancellor Angela Merkel. The e...

When I read the news coming out of the Eurozone these days I get a very strong sense of déjà vu, all over again. This feeling comes from hea...

More and more people are becoming aware of the fact that the problem in Europe is one of solvency and not liquidity! Yesterday, the Europea...

The recent events in Europe have captured the attention of the world and taken the heat off of China and the value of its currency, the Unit...

The dust is clearing around the recent negotiations in Europe concerning the “bailout” bill and what we are seeing, at least to me, is unner...

This may sound like a ridiculous headline, but it appeared in the Wall Street Journal today. (See http://online.wsj.com/article/SB2000142405...

A financial crisis that is a result of the potential insolvency of a borrower is connected with the “true” value of the underlying assets he...