When a bailout is worse than the illness.
FORTUNE -- You can thank Cyprus and Europe's leaders for making our $700 billion bank bailout look good.
The plan to impose a tax on bank deposits to help pay for the bailout of Cypriot banks was "absurd," says Philip Dybvig, one of the world's leading economic experts on banks and financial crisis. Back in 1983, Dybvig co-authored, along with University of Chicago economist MOREStephen Gandel, senior editor - Mar 19, 2013 4:17 PM ET
European leaders have strong incentives to try and smooth over this 'crisis' by signaling that Cyprus is a unique and extreme case.
By Matthew Hedrick, Hedgeye
FORTUNE -- The market's reaction to Cyprus's bailout is overdone, and these 'crisis' conditions will be short-lived.
A quick update on the latest development is that parliament has delayed until Tuesday a scheduled vote on the proposed bailout, namely on the levying of a one-time tax MOREMar 18, 2013 1:43 PM ET
Wall Street is heavily invested in bank debt across the European Union. If banks begin falling as a result of the Cyprus 'bailout,' investors in the U.S. will feel the loss.
By Cyrus Sanati
FORTUNE -- The terms of the Cypriot "bailout" announced late Friday are simply atrocious and should be revised to protect small depositors to avoid potentially crippling bank runs from popping up across Europe. Forcing bank losses on MOREMar 18, 2013 11:07 AM ET
Proposed limits on banker bonuses would cause the slow death of what continues to be - despite overregulation and higher taxes - a very profitable industry for Europe.
By Cyrus Sanati
FORTUNE -- The European Union and Switzerland would be wise to rethink recently proposed policies restricting bonus payouts. The new rules, which cap bonuses for banking employees in the EU and for all employees of publicly-traded companies in Switzerland, could MOREMar 5, 2013 11:31 AM ET
Don't be fooled by the market's non-reaction to the downgrade of the United Kingdom's debt. The government must give the perception that the country is a safe haven for foreign investors.
By Cyrus Sanati
FORTUNE -- The loss of the U.K.'s coveted AAA credit rating shouldn't be taken lightly. While some might try to downplay the significance of the loss, the bruise to the nation's credibility could have painful economic consequences MOREFeb 26, 2013 5:00 AM ET
A U.S. manufacturing executive ignited a firestorm after calling the French economy uncompetitive due to its unproductive labor force. He has a point.
By Cyrus Sanati
FORTUNE -- The explosive reaction in France to a letter penned by a little-known U.S. tire executive, which questioned the productivity of French workers, has quickly gone from comical to troubling. Instead of opening a discussion in the country as to the possible merits of MOREFeb 22, 2013 11:16 AM ET
Why U.S. private equity firms are quietly snapping up buildings in Europe at bargain prices.
By Charles Wallace, contributor
FORUNE -- The Blackstone Group has raised a dedicated $4 billion European real estate fund; David Abrams, head of European real estate investment for Apollo Global Management, says his firm has made 30 investments this year in the U.K., Germany, Ireland, and Spain; the Carlyle Group is buying mainly in Northern Europe, MOREDec 17, 2012 5:00 AM ET
Even in tough spots like Europe and Japan, MFS International Value Fund's Barnaby Wiener sees stocks that he thinks can deliver.
By Mina Kimes, writer
FORTUNE -- Markets across the globe are in a state of tumult, but Barnaby Wiener, who runs the $5.8 billion MFS International Value Fund (MINIX), isn't breaking a sweat. Wiener (pronounced wee-ner) is a long-term investor who picks stocks on an individual basis, and he thinks the MORESep 13, 2012 5:00 AM ET
From up close, it looks like the 'poorer' nations could do just fine without a single currency.
By Erin Burnett, contributor
FORTUNE -- This summer trips to Europe opened my eyes to something: There's a lack of passion in Europe for keeping the euro. Yes, the pain of a breakup would be severe. But many of the poorer southerners of Europe don't seem to feel that they need "Europe" anymore.
That, at MORESep 12, 2012 5:00 AM ET
The nation has a big productivity problem compared with its trading partners.
By Pankaj Ghemawat and Stijn Vanormelingen
FORTUNE -- As Europe's leaders attend one emergency meeting after another, the political high drama shouldn't make us lose sight of the fact that if the debt crisis is to be solved, Southern European companies need to change how they compete. Nowhere is that more evident than in Spain, whose elites fret over MOREJul 10, 2012 5:00 AM ET
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