Knowledge Centre

• The European Union’s ‘Fiscal Compact’—More of the Same

  While the latest European Union framework for addressing the eurozone’s government debt crisis should buy more time, it does not solve the underlying problems. SEI believes that current speculation on the euro’s inevitable demise is overdone.

• Eurozone Crisis—U.S. Investors Focused on Capital, Counterparty Risks

  As government debt problems intensify in the European Monetary Union, financial firms outside of Europe have come under increasing pressure. The larger issue is the risk of contagion from Europe to the global financial system and world economy. 

• Has Europe Finally Rescued Itself? Probably Not.

  Hammered out during yet another contentious EU summit, the recently announced rescue plan for Greece is the most ambitious attempt yet to deal with the eurozone’s ongoing government debt challenges.