The ECB Financial Stability Review Nov. '13

http://www.ecb.europa.eu/pub/pdf/other/financialstabilityreview201311en.pdf?7bec0dd1be03f8af0020c3c258b053d0

Is Time Running Out For The Eurozone?

John Mauldin thinks that "we should confine the leaders of Europe to a far-northern Scandinavian hotel with hard beds and minimal amenities until they resolve their problems."...because "deflation is back and winter is coming"...
 He fears that France may be a likely, and perhaps fatal, shock.
Wolf Richter is in similar mode He highlights, and comments on, a study by Natixis (grateful as I don't speak French) in a post titled (it says it all) French Megabank: “Germany Should Leave The Eurozone”  
Speaking of France, Prof John Gaffney at the LSE/EUROPPBLOG says "that François Hollande has failed to project a clear and effective public persona and that his presidency is now on the verge of unravelling."

(Disclosure: It has been some months now that I have progressively moved towards a Euro-skeptic, dangerously approaching the anti-Euro position... ha!)

Vassilis Paipais "The rise of extremism in Greece is a function of the political and economic crisis, as political leaders continue to fail the country"

http://blogs.lse.ac.uk/europpblog/2013/11/23/the-rise-of-extremism-in-greece-is-a-function-of-the-political-and-economic-crisis-as-political-leaders-continue-to-fail-the-country/

Reuters Exclusive: Euro zone mulls cheap loans as incentive for economic reforms - document

Luke Baker has a scoop. He obtained a copy
 of the document, prepared by the chairman of European Union leaders Herman Van Rompuy, will form the basis of discussions between senior euro zone officials at a meeting in Brussels on Wednesday, Nov.27th, to prepare for next month's European Union summit.

The Eurozone is not suffering from an economic crisis, but a crisis of national politics

Sonia Alonso (Research Fellow at the Social Science Research Center Berlin (WZB)  views things from some very interesting angles in a post at the LSE?EUROPP

Can The Eurozone Be Saved? LBJ School, Univ.of Austin, Tx

The videos of the conference organised by James Galbraith and Yianis Varoufakis were made available

Two notes, without comment.
1. Giwrgos Stathakis : ... "(b) The main cause of the economic destruction of Greece is not the problems of the Greek economy prior to 2008. It is the programme itself, (c) The programme itself does not arrest none (sic) of the problems prior to 2008"
2. Yves Leterne (Deputy Secr.Gen. of OECD, Belgia PM in Spring 2010) ... The decision to support Greece was a political one"

P. Boone & S. Johnson d/d Apr.6 2010 "Greece And The Fatal Flaw In An IMF Rescue"

Peter Boone and Simon Johnson Apr.6 2010
Two informed realists explain (present tense) 

Their essay ends so

Where next for Greece?
Mr. Trichet understands that Greece’s problems reflect a dangerous flaw in the euro zone system, and the solution will set the tone for behaviour of other members for years to come.  He’ll want his pound of flesh before this is done.  The IMF staff surely understands that Greece’s economic problems are critical, and require drastic actions, but the IMF’s managing director just wants to survive to be elected a new President of France in 2012.
The German population detests providing bailouts to periphery nations, while the debtors of the Euro zone would like the same game to continue a little bit longer.  Meanwhile, the Greeks continue to drag their feet on serious reform while claiming to be “courageous”– presumably they are hoping, magically, that markets will start to want to lend to them again at very low rates in the midst of a fiscal program with little hope for long term success.  It all seems horribly reminiscent to those early days when Argentina slid towards a cruel collapse.

Ambrose Evans-Pritchard " ECB ready to print, Germany ready to scream"

The nub of the matter is that any policy set at this stage for Club Med needs is destructive for Germany, and any policy set for German needs is destructive for Club Med

Ιρλανδία, Τέλος η Τρόικα το Μνημόνιο II

 Η ανακοίνωση του Υπ.Οικ. της Ιρλανδίας

Three years after going cap in hand to international lenders, Ireland got the green light on Thursday to step out on its own as the first euro zone country to exit its bailout programme.

The country of 4.6 million has endured five years of austerity with little of the unrest that has rocked Greece and Spain (χμ.. έχει η Ισπανία Μνημόνιο;)

Colm McCarthy says a) Budget discipline must continue as Troika exits and b) Crisis is nowhere near end despite all that austerity 

Henning Meyer " How Europe's Social Democrats Can Fight Back" Foreign Affairs

Europe’s social democrats should craft a new and convincing political agenda that reflects their core values 

Francesco Saraceno (sort of) agrees with Olli Rehn!

Olli Rehn wrote a balanced piece on Germany’s current account surplus.

Isn't it time to think about a "social dividend" by means of a tax credit for low-income people? After all their low income is partly the reason for Germany's current account surplus.

Prof Marcel Fratzscher "The Costs for Germany if the Eurozone Collapses"

Germans have long been among the most europhile of countries, but their mood is turning against Europe and its common currency, the euro......Germans suffer from three illusions, and these help to explain why the mood in Germany has shifted so rapidly against Europe and the euro

Paul Krugman "Europe’s Macro Muddle (Wonkish)"

So when Germany asks why other countries can’t do what it did, it isn’t just forgetting that we can’t all run trade surpluses; it’s also insisting that other countries replicate its success while denying them the kind of external environment that made its success possible. 

Helen Thompson "The dirty little secret of the euro zone crisis: the German banks"

the choice the German government had in May 2010 when it supported the first Greek bailout was: either to contribute to a repayable loan to Greece at the level of the euro zone and so reduce the risk of contagion to Spain and Italy, or to put together another round of bailouts for its banks at the national level.

We Need a Europe That is Truly Social and Democratic

The Case for a Fundamental Reform of the European Union November 2013 Social Europe Occasional Paper by Julian Nida-Rümelin, Dierk Hirschel, Henning Meyer, Thomas Meyer, Almut Möller, Nina Scheer, Gesine Schwan and Hermann Schwengel (pdf)

Yves Leterme, Deputy Secretary General of the OECD "How To Address The Eurozone Problems?"

Watch the Deputy Secretary-General of the OECD, Yves Leterme, discuss the current woes of the Eurozone and how to address them. This speech was recorded at the conference ‘Can the Eurozone be saved?’ at the LBJ School of Public Affairs at the University of Austin, USA on 4th November 2013.

(loose quote) : "the decision of May 7th 2010 to show solidarity to Greece was not always and for all people sitting at the table based on economic issues.... it was a political decision...."

Krugman on Currency Regimes, Capital Flows, and Crises (Videos)

At Mark Thoma 's Economist's View

Fourteenth Jacques Polak Annual Research Conference at the IMF Nov.2013

 Crises: Yesterday and Today  

the Glienicker Group "Towards a Euro Union"

Europe has structural problems that require structural solutions. Even though this is not a popular view at the moment, we are convinced that the monetary union needs deeper integration. More particularly, it needs a sufficiently powerful European economic government.  

Austerity and stupidity | vox

Austerity and stupidity | vox

Στ.Κασιμάτης συστήνει «Κράτος και ομάδες συμφερόντων»

του Χρ.Ιορδάνογλου (Πόλις)

Alexis Tsipras at Austin, Tx

Social Europe Journal

Germany V The World

a growing chorus of international critics warns that Germany’s trade surplus is endangering global growth, and putting Germany’s own future at risk. 
(Bloomberg)

German government representatives turn the argument around, saying that the problems in Southern Europe are not Germany's fault. On the contrary, says Berlin, countries like Greece, Italy and Spain have only themselves to blame for their troubles because they spent years living beyond their means and at the expense of their own competitiveness.
(Der Spiegel)

Francesco Saraceno's verdict on Germany : guilty as charged

While Melvyn Krauss dissents 

Bloomberg editorial "How to Avoid Europe’s Next Economic Crisis"

The region’s economic crisis isn’t over. The danger of a relapse into recession is real    ..............Europe’s economy is still in a bad way  and in peril of falling into an even worse slump.