Please, please stop calling it a “Grexit“. The word (a portmanteau of “Greek” and “exit”) has been doing the rounds recently, as the possibility of Greece rejecting the conditions of its EU/IMF emergency loans, defaulting on its debts and leaving the Single Currency …

Yesterday, François Hollande was elected French President on an anti-austerity platform (making him only the second socialist president in the history of the Fifth Republic). The Greek mainstream political parties, meanwhile, received a battering in elections on Sunday to the Hellenic …

This week the President of the European Central Bank, Mario Draghi, called for a “growth compact” to complement the earlier “fiscal compact” (a non-EU treaty signed, but not yet ratified, by all member-states – not including the UK and the Czech republic - which focuses on trying to control levels …

It’s been another tough week for Spain. The southern European country, struggling with recession and an unemployment rate of 24 percent, has been inching closer to joining Greece, Ireland and Portugal in requesting an emergency EU / IMF loan. Spanish Prime Minister Mariano …