Tag Archives: Europe
The Battle of Words
The almighty credit agencies have turned their sights to the world’s largest banks, downgrading Bank of America and Goldman Sachs among others, but the appeal for calm came from the IMF’s chief, Christine Lagarde, after fellow French countrymen continued the … Continue reading
Can Common Taxes Work for the Eurozone?
Just as yet another ‘crunch summit’ got under way in Brussels, Angela Merkeland Nicolas Sarkozy have penned a letter to European Council President, Herman Van Rompuy, suggesting that the 17-member eurozone nations should share common corporation and financial taxes, the … Continue reading
Black Friday Becomes Monday
Just as the annual ‘Black Friday’ shopping bonanza has been watched eagerly by the media and economists (the Thanksgiving sale traditionally sees an assessment of the stagnant economy), Obama has been meeting with European leaders about, you guessed it, the … Continue reading
Berlusconi gone, now what?
Now that Italy’s longest-serving prime minister since the second world war has finally resigned amid angry crowds, as the BBC reports, shouting “baffoon,” what happens now to the country that all of Europe is worried about? It’s been suggested that … Continue reading
The Gloves Are Off!
Perhaps the recent birth of his daughter has put extra wind in his sails, but Nicolas Sarkozy is certainly fighting a bare- knuckle battle with his fellow European cohorts and the press gets to witness it. Yippee! The little Frenchman … Continue reading
Filed under Economy, Europe, Finance, Government
Countdown to meltdown?
The seriousness of the European debt crises is such that France’s Nicolas Sarkozyflew to Frankfurt for emergency meetings with Germany’s Angela Merkel ahead of the eurozone’s weekend deadline – and missed the birth of his child! If Obama’s administration had … Continue reading
Filed under business news, China, Economy, Europe, Finance
It Will Survive!
Just as news hits the headlines that Greece hasn’t met its terms set for the first bail out tranche, CNN Money has run an article saying that ‘Economists actually believe the euro will survive.’ Just as the protests in Greece … Continue reading
Who will shoulder the burden?
Just as a key vote in Germany arrives on whether to do more to increase the eurozone bail-outEFSF, the disenchantment from the public, fellow MP’s and countries that are due to be helped (mainly Greece), continues to grow. This comes … Continue reading
Filed under Economy, Europe, Finance, Government
ECB has the muscle
The latest talks in Washington signal a new sense of serious urgency, not only in Europe, but America to figure out a definite way to get the eurozone out of this calamity. The US realizes that the problem ‘over there’ … Continue reading
At least appear unified!
US Treasury Secretary, Timothy Geithner, was recently in Europe to quietly lambast those on the continent for their “loose talk” and lack of political and public relations singularity concerning the continual threat of Greece falling through the floorboards. The irony … Continue reading
Filed under Economy, Finance, Government, United States
