Euro-Zone Crisis Resource Center

After two years of austerity and political handwringing, Europe remains embroiled in a debilitating debt crisis. Greece's failed elections have raised the stakes and renewed fears that it will leave the euro zone. Our experts keep you up to speed.

Is Cyprus the New Bailout Blueprint?
		3/28/2013 Forcing bank depositors to chip in to pay sovereign debt could be the new template for the euro zone. If seizing assets is fair game, it will disrupt markets and prompt a flight from troubled banks, says Neil Dwane, CIO Equity Europe.

Cyprus ‘Bailout’ Taboo Explained
		3/20/2013 Stefan Hofrichter, chief economist at Allianz Global Investors, discusses the latest chapter in the euro-zone debt crisis, including precedent-setting rescue measures, why tiny Cyprus matters in a global context and what it means for the markets.

European Monetary Union: Moving Toward a Banking Union
		Europe’s leaders use the term "banking union" to describe the idea of a single supervisory mechanism for all European financial institutions. What does this mean and what role will the European Central Bank play?

Market Perspectives: Breaking Down the Euro Zone
		3Q 2012 Where to find opportunities in a troubled Europe.

European Monetary Union: Break-up or closer integration?
		The European debt crisis has been roiling global markets for more than three years. Progress has been made, but further steps are required to reach resolution. This paper explores those steps and how we see events evolving into our baseline scenario of a more integrated monetary union.

Emerging Europe Tied to EU Banks, Austerity
		8/3/2012 Eastern Europe continues to make strides toward greater economic parity with Europe’s developed nations, but its current fortunes are closely linked with deleveraging in the euro zone and fiscal austerity measures, says Neil Dwane.

EU Summit Recap: One Step on a Long Path

7/06/2012
Allianz Global Investors’ Economics and Strategy Group addresses what’s next for the euro zone in the wake of the EU summit measures that were announced on June 29.

France Headed in Wrong Direction
		6/29/2012 Read a summary of the latest article from Neil Dwane, CIO Europe of Allianz Global Investors, covering his outlook for Greece, Italy, Spain and Germany—and reasons to keep a close eye on France.

Call Summary: Election May Not Avert Economic Greek Tragedy
		5/30/2012 During a recent conference call, Andreas Utermann, Neil Dwane and Ben Fischer discussed the economic crisis in Europe—with a focus on Greece, France and Spain—and its implications for U.S. investors. Advisors, log in for access to podcast and replay details >

What to Do About Greece
		5/25/2012 Andreas Utermann, global CIO of Allianz Global Investors, discusses the latest developments in the euro-zone debt crisis, what it means for the markets and steps investors can take to cope with uncertainty and volatility.

A European Spring Dominated by Politics: Part II
		4/20/2012 Neil Dwane, CIO Europe of Allianz Global Investors, provides perspective on the events that have been driving headlines throughout the EU, including additional austerity measures, Hollande’s gains in the polls and Spain’s fiscal challenges.