(Bloomberg) -- A remarkable role reversal is underway across the euro area just over a decade since a series of fiscal crises almost broke the single currency. Back then it was the so-called periphery ...

Overall, the EU’s peripheral nations - Greece, Ireland, Italy, Portugal, and Spain - have already reduced their debt-to-GDP ratios significantly since the pandemic and continue to make gradual ...

European Central Bank headquarters are pictured in Frankfurt, Germany, July 21, 2016. REUTERS/Ralph Orlowski FRANKFURT (Reuters) - Fiscal spending in "core" euro zone countries, such as Germany, would ...

DURING its first decade, the euro delivered on its promises. Economic and Monetary Union (EMU) led to strong economic and financial integration among its members and prompted a catching-up process for ...

The countries of the European periphery are experiencing a balance of payments crisis stemming from persistent current account deficits and sharply lower private capital inflows, a condition known as ...

If peripheral countries want to give something substantial to the world, they must do so without refueling historical forms of expansionism. Peripheral countries are ones that have been oppressed and ...

LONDON, Feb 21 (Reuters) - If a policy-driven turnaround in Europe's biggest economy tempts the continent's equity investors home, they may want to look to the bloc's faster-growing and cheaper ...

It is one thing to face higher borrowing costs than other governments, but being charged more than even businesses in the country you govern marks a new low. France’s fiscal position has deteriorated ...

Greater financial integration between core and peripheral EMU members not only had an effect on both sets of countries but also spilled over beyond the euro area. Lower interest rates allowed ...