Over the weekend, as the US celebrates independence, Greece falls under EU stewardship.

The new contagion? Inflation monomania drives the core to impose risks on the periphery.

Truly bad, but politically useful. Probably a wash-out marking the end of the soft-spot.

Europe stumbles into a speculative attack on the biggest of the PIIGS -- and survives.

Gold at new all-time highs is about the euro, not the Fed or the debt ceiling.

How the ECB lets national central banks of the Eurosystem do the dirty work.

The Gang of Six and the McConnell compromise: paths to peace with honor in the debt war.

It's default for Greece, yet the Euro authorities have successfully arrested contagion.

The bargaining asymmetries are clear now -- a favorable resolution is within reach.

Two nearly identical plans on table -- now everyone just needs to agree to say "done."