90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Europe In Crisis

A continent in trouble, its financial peril and the potential for spillover for the world economy.

German Chancellor Angela Merkel, left, and France's President Nicolas Sarkozy, right, shake hands after their joint press conference at the Elysee Palace, Tuesday Aug. 16, 2011. (AP)

German Chancellor Angela Merkel, left, and France's President Nicolas Sarkozy, right, shake hands after their joint press conference at the Elysee Palace, Tuesday Aug. 16, 2011. (AP)

Europe got the modern era going, with exploration and trade and colonialism and big war. For many, it set the standard for 20th century social welfare.

And then for continental coordination, with the E.U. and the euro. But right now, Europe is in big trouble. A whole string of European nations have debt they can’t handle. Mighty Germany is not sure it wants to bail them out.

The whole European project is under acute strain. It could get closer. It could blow up. Markets are in a lather. The spillover could hit you.

This hour On Point: Europe in trouble, and what it means.

-Tom Ashbrook

Guests

Nicholas Kulish, Berlin bureau chief for the New York Times.

Dominique Moïsi, a founder and senior advisor at the Ilfri (the French Institute for International Relations) and author of “The Geopolitics of Emotion: How Cultures of Fear, Humiliation, and Hope are Reshaping the World.”

Beppe Severgnini, Italian journalist, writer and columnist and author of “Mamma mia! Berlusconi’s Italy Explained for Posterity and Friends Abroad.”

From Tom’s Reading List

The New York Times “There is no one whose thoughts European officials would rather read than Chancellor Angela Merkel, who meets Tuesday at the Élysée Palace with France’s president, Nicolas Sarkozy, as they struggle to find a lasting solution to the European debt crisis.”

Washington Post “Are panicked investors creating their own panic? Rumors that France would follow the United States in losing its AAA credit rating, for instance, triggered a massive sell-off in Paris on Wednesday, with negative sentiment weighing on markets Thursday before a late rally. This week, investors have dumped French bank stocks in a frenzy of selling not seen since the height of the global financial crisis in 2008.”

More

Dominique Moisi: Humiliation, Hope, & Fear

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Oct 31, 2014
Nurse Kaci Hickox, right, and her boyfriend, Ted Wilbur are followed by a Maine State Trooper as they ride bikes on a trail near her home in Fort Kent, Maine, Thursday, Oct. 30, 2014.  (AP)

Quarantines and Ebola. An exploding rocket. Apple’s CEO comes out. Hawaiian lava flows. Midterms in the home stretch. Our weekly news roundtable goes behind the headlines.

Oct 31, 2014
Doc Sportello (Joaquin Phoenix) and Sauncho Smilax (Beninico del Toro) share a drink in a scene from the upcoming Paul Thomas Anderson film, "Inherent Vice," an adaptation of the Thomas Pynchon novel of the same name. (Courtesy Warner Bros. Entertainment)

From “Interstellar” to “Into the Woods.” The biggest and best movies of the fall and holiday seasons. What to see, what to skip.

RECENT
SHOWS
Oct 31, 2014
Doc Sportello (Joaquin Phoenix) and Sauncho Smilax (Beninico del Toro) share a drink in a scene from the upcoming Paul Thomas Anderson film, "Inherent Vice," an adaptation of the Thomas Pynchon novel of the same name. (Courtesy Warner Bros. Entertainment)

From “Interstellar” to “Into the Woods.” The biggest and best movies of the fall and holiday seasons. What to see, what to skip.

 
Oct 31, 2014
Nurse Kaci Hickox, right, and her boyfriend, Ted Wilbur are followed by a Maine State Trooper as they ride bikes on a trail near her home in Fort Kent, Maine, Thursday, Oct. 30, 2014.  (AP)

Quarantines and Ebola. An exploding rocket. Apple’s CEO comes out. Hawaiian lava flows. Midterms in the home stretch. Our weekly news roundtable goes behind the headlines.

On Point Blog
On Point Blog
The Explicast, Episode Three: What Is The Dow Jones Industrial Average?
Friday, Oct 31, 2014

We dig in to that all-important, all-confusing daily stock notice: the Dow Jones Industrial Average.

More »
Comment
 
Our Week In The Web: October 31, 2014
Friday, Oct 31, 2014

We tumble for ya, Ruth Bader Ginsburg and Tuco the Massachusetts K-9 Unit puppy in training.

More »
1 Comment
 
Awards Season 2014: The Movies Worth Your Time
Friday, Oct 31, 2014

What movies should you watch before 2014 comes to a close? Our critics offer their picks for the movies of the season right here.

More »
Comment