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Browse: Home » Europe » Page 5
Add ‘Brexit’ to the Immigration Crisis that Threatens Europe

Add ‘Brexit’ to the Immigration Crisis that Threatens Europe

October 19, 2015 · by Patrick Smith · in Articles, The Fiscal Times

This has been a very bad year for the European Union. Until recently, you could have put the EU in that elite category reserved for too-big-to-fail institutions. But not anymore. In the simplest terms, Europe’s long-held ambition to unify like-minded…

Why Europe’s Migrant Crisis Also Belongs to America

Why Europe’s Migrant Crisis Also Belongs to America

September 7, 2015 · by Patrick Smith · in Articles, The Fiscal Times

Now that the flood of migrants into Europe has reached truly historic proportions, it’s time to acknowledge this as a moment of transformation—and not only in Europe. We’ve all seen the images, watched the television footage, and read the news…

Outright lies from the New York Times: What you need to know about the dangerous new phase in the Ukraine crisis

Outright lies from the New York Times: What you need to know about the dangerous new phase in the Ukraine crisis

September 2, 2015 · by Patrick L. Smith · in Articles, Salon

While establishment media toe Washington’s line, violence and instability have shaken the Ukraine this week The slightly fetid “phony war” in Ukraine—the unsettling stagnation noted in this space a month ago—is emphatically over. Suddenly there is movement on several fronts,…

The U.S.-Russia “phony war”: How Washington warmongers could bring us from stalemate to catastrophe

The U.S.-Russia “phony war”: How Washington warmongers could bring us from stalemate to catastrophe

August 8, 2015 · by Patrick L. Smith · in Articles, Salon

One of two outcomes is likely: Another long Cold War, or a great power conflict. The Ukraine crisis and the attendant confrontation with Russia assume a “phony war” feel these days. As in the perversely calm months between the German…

Iran and Climate Change – Two Global Issues on Obama’s Bucket List

Iran and Climate Change – Two Global Issues on Obama’s Bucket List

August 3, 2015 · by Patrick Smith · in Articles, The Fiscal Times

The Iran nuclear accord and the White House’s new plan to cut power-plant emissions, to be unveiled Monday, have but one thing in common. It’s a question, and it’s the biggest now facing this nation: Do Americans want the U.S….

Europe’s Deal with Greece Nearly Splits the Eurozone

Europe’s Deal with Greece Nearly Splits the Eurozone

July 13, 2015 · by Patrick Smith · in Articles, The Fiscal Times

Leaders of the eurozone nations put Greeks and other Europeans on urgent notice at a hastily called summit in Brussels late Sunday evening: The group worked through the night and agreed to a new $100 billion bailout with serious reforms…

Greece’s Surprise “No” Vote a Big Defeat for Europe

Greece’s Surprise “No” Vote a Big Defeat for Europe

July 6, 2015 · by Patrick Smith · in Articles, The Fiscal Times

Two points to grasp about the Greek electorate’s rejection of Europe’s bailout terms in Sunday’s referendum: • Greeks scored a victory for themselves and all Europeans who think the democratic process must stand as the European Union’s paramount principle. •…

To the Brink: Why It’s Time for Greece to Call the Euro Quits

To the Brink: Why It’s Time for Greece to Call the Euro Quits

June 29, 2015 · by Patrick Smith · in Articles, The Fiscal Times

The wind whistling past Alexis Tsipras’s ears must be a deafening howl. The crisis facing the Greek prime minister now mutates by the hour—deteriorating markedly over the past several days. As of Sunday evening Greek time: After emergency meetings with…

Why the E.U. Will Cut a Deal With Greece This Week

Why the E.U. Will Cut a Deal With Greece This Week

June 22, 2015 · by Patrick Smith · in Articles, The Fiscal Times

You have to be a horseplayer now that the Greek crisis is about to pop: Like any savvy handicapper you hold your main bet in your hand but keep a saver in your pocket. When a European Union summit gathers…

Markets Fear the End Game for Greece as IMF Gives Ukraine a Free Pass

Markets Fear the End Game for Greece as IMF Gives Ukraine a Free Pass

June 15, 2015 · by Patrick Smith · in Articles, The Fiscal Times

Until a few days ago, the Greek and Ukrainian debt crises looked like twins: Two sovereigns with immense debts, creditors at their throats, looming deadlines, and deep fiscal and economic problems. One of the biggest guns among the creditors is…

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Writer, commentator, longtime newspaper and magazine correspondent abroad. Writes often on Europe and Asia. Published five books.

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