G20 Summit in Moscow: Consequences of Austerity, Currency Wars, and Taxes

The G20 summit in Moscow February 15 and 16 brought the world’s leading developed nations together to refine targets and plans they made last summer and bring some new economic issues to the table.  The G20 consists of 19 countries plus the European Union, representing about 90% of the world’s gross domestic product (GDP), about […]

François Hollande Applauds Greece While Considering Own Economy

On Tuesday, February 19, French President Francois Hollande was welcomed in Athens, Greece as a crucial friend to the country. Hollande’s visit was to pay his respects for the considerable efforts that Greece has made to clean up their finances and engage in structural reforms. Alongside the Greek Prime Minister, Antonis Samaras, Hollande paid homage […]

Is the Rise of the Euro Hurting European Economies?

On Tuesday, February 5 French President Francois Hollande expressed his complaint over an overvalued euro that does not represent the current state of the economy, claiming it is hurting the French.  During his speech Hollande asked the European Parliament to commit to reform of the currency that is currently at $1.35, a 12 percent increase […]