Charles Wyplosz
Charles Wyplosz's Latest Articles | 12
Eurozone: Why does the crisis linger, deepen and spread?
Another year, and the Eurozone crisis lingers on. This column asks why, and discusses what can be done. It proposes a solution that can be achieved without the pain... Read »
Reaction to the Eurozone Crisis Talks: Getting there, Slowly Though
The night of Thursday 8 December saw a meeting to save the euro. Judging by reactions Friday morning, there is some way yet to go, but this column argues that Europe... Read »
Do Eurozone Leaders Finally ‘Get It’? Not Quite Yet
This week’s announcements by German Chancellor Angela Merkel and ECB President Mario Draghi that the Eurozone is taking steps towards a closer fiscal union seem... Read »
Public debt in the Eurozone, Japan, and the U.S.
Europe’s debt crisis is unfolding while Japanese and US debt problems are on hold. The problem of public debt in advanced economies will be with us for decades.... Read »
Is the Worst of Europe’s Crisis Behind Us? Or Yet to Come?
This column looks at 2011 and argues that the Eurozone crisis offers a unique chance to correct the “dreadful mismanagement” of the past year. 2010 was a dreadful... Read »
The European Debt Crisis: Worrisome Delusions
Lorenzo Bini-Smaghi – Member of the ECB’s Executive Board – has produced a brilliant defence of the no-default strategy currently pursued by the Eurozone... Read »
The Eurozone Slides Into a Vicious Cycle
The Eurozone crisis is not over. This column argues that the bailout of Greece and the €750 billion Special Purpose Vehicle set up in May 2010 was the first step... Read »
Can the Eurozone’s Stability and Growth Pact be Made to Work?
This column argues that the European Commission’s reform proposals for the pact include some good ideas but many bad ones. If adopted, it says the pact will not... Read »
The Debt Crisis is Unlikely to Go Away
Markets liked the European Stabilisation Mechanism but a closer look shows that the money is announced but not available. When markets realise this, they may do... Read »
And Now? A Dark Scenario
Eurozone members, the IMF, and the ECB have announced significant commitments to assist debt-laden Greece. This column outlines a dark scenario in which the plan... Read »







