While the rest of the world recovers from the financial crisis, Europe’s sovereign debt crisis is still playing out and the euro is fighting for its survival. The Banker talks to senior economists from the region to find out what lessons have been learnt and what their expectations are for the future of the single currency
Western Europe
Latest articles from Western Europe
UK low-carbon sector let down by banks and state, says scientist
February 14, 2011Sir David King, former chief scientific advisor to the UK government, believes the UK's policy-makers and financiers fail to support its promising low-carbon sector. The Smith School of Enterprise and the Environment, which he heads, is working to change that.
European stability issues grab market's attention
February 14, 2011With all eyes on the eurozone sovereign debt crisis, the success of two consecutive offerings would be critical in underpinning the European response. The market's reaction to the issues from the European Financial Stability Mechanism and European Financial Stability Facility was conclusive.
Convertible bond fuels Talvivaara expansion
February 14, 2011A London-listed, Finland-based mining company, Talvivaara, needed additional funds to expand the size and scope of its operations. After considering all the options, a speedy convertible bond issue was seen as the way to do it.
Akbank's solid foundations
February 11, 2011Akbank chairwoman Suzan Sabanci Dinçer discusses Akbank's plans to consolidate a strong position in its home market while exploiting its relationship with Citi to push forward overseas expansion
Ireland’s Nama makes careful progress
December 23, 2010Brendan Mcdonagh, who heads the agency set up to help recapitalise Ireland's troubled banks, admits its task is not easy, but says it is making progress.
German banks feeling the strain
December 23, 2010Rescue packages and a rebounding economy have stabilised the German banking system. But it remains vulnerable to weak profitability, low-quality capital and exposure to cyclical industries abroad. Moreover, some believe that even the crisis has failed to force structural change. Writer Geraldine Lambe
George Osborne looks for global answer to global imbalances
December 23, 2010George Osborne, the UK's chancellor of the exchequer, urges all countries to play their part in redressing the global imbalances that allowed the credit crisis to happen. Interview by Courtney Fingar.
Acquisition drives regional ambition
December 23, 2010BBVA's acquisition of almost 25% of Garanti Bankasi will give the Turkish bank a huge boost in its efforts to become a major player in eastern Europe, the Middle East and north Africa, according to Garanti's chairman. Writer Metin Demirsar
Turkey grapples with project finance demands
December 23, 2010Turkey is facing the task of doubling its installed power-generating capacity in the next decade, while also speeding up reforms in the energy sector to ensure planned projects can gain access to finance. Writer David O'Byrne