The problem is not that the debt of countries on the eurozone's periphery
is too high, but that it has not been allowed to rise nearly high enough.
The significance of the periphery
doctrine waned in the 1980s after peace agreements were signed with Egypt and Jordan.
Moody's expects that markets euro area periphery
high-yield issuers will remain open in 2015 as search for yield and higher returns increases investors' appetite for risk, as recently highlighted by the return of Wind and Telecom Italia to the debt capital markets.
With higher economic growth, the economies in the periphery
of the Eurozone will be able to create jobs and start reducing the large pool of the unemployed.
The other economy is a group of periphery
countries where the exchange rate plays an important role for monetary policy making.
The message of the day was the need for compassion, understanding, and education for the beleaguered people of the periphery
The final part of the article sets out the relevant lessons that the United States might draw from the European crisis with a view to avoiding a similar fate to the struggling countries in the European periphery
PRINCETON -- While all eyes have been on the European periphery
, has the core been cracking?
A particular problem centres on the fact that the periphery
has seen its competitiveness blunted by its inability to devalue.
Manufacturers were the driving force behind the bloc's recovery from the last recession, but the downturn in factory activity that began in smaller periphery
countries has now engulfed core members Germany and France.
Gig Review TITLE: Periphery
VENUE: The Cockpit REVIEWER: Andy Duckworth THE last time Periphery
came to Leeds they were beset by ailments when, despite being the headlining band on the tour, singer Spencer Sotelo decided to sit out most of their set due to having a sore throat.
Either they try to force down wages and prices in the periphery
as fast as they can to restore competitiveness, with all the political and economic tensions that will entail, or the core of the eurozone has to do more to support the periphery
through greater fiscal burden sharing.
The likelihood is that the euro will survive because a breakup would be devastating not only for the periphery
but also for Germany.
Rather than a contrast between a left-of-centre Wales and a right-of-centre England, the true cleavage is between generally left-of-centre areas in the periphery
and generally right-of-centre areas in the centre, though this papers over bastions of rural conservatism in the north and parts of Wales, and Labour strongholds in London and other southern cities.
In that case, the euro would rise and bonds in the new ("narrow") EMU would be seen as rather safer than they are today, as investors would not worry anymore about the new EMU's governments being called to finance the periphery