Eurozone

EU finance ministers agreed on a permanent support system for distressed eurozone countries on Monday.

"The economy has opened up a faultline in the Atlantic," announces La Stampa, reporting on the impact of recent remarks by Barack Obama which imply that the poor management of the Eurozone crisis is to blame for the feeble outlook for growth in the US.

Latvia has kicked off the new year by becoming a member of the Eurozone, and will thus be the eighteenth member of the zone.

In his opinion, the eurozone is disintegrating.

Denmark is a member of the EU but not the eurozone.

Slovakia joined the EU in 2004 and the eurozone in 2009.

Latvia also joined the eurozone in 2014 and the OECD in 2016.

Austria's fiscal position compares favorably with other eurozone countries.

Ireland joined the European Community in 1973 and the eurozone currency union in 1999.

Is Montenegro's economy compatible with that of the eurozone?

Greece, Spain, and other eurozone periphery countries could explode any day, given their high unemployment and deepening strains of austerity. In the US, which is considered the home of quiescent workers, the call for living wages is becoming louder, as seen in the current strikes by fast-food restaurant workers.