Tag Archives: Europe
Austerity Kills?
The recent suicide of a Greek man outside of Athens’ city hall, with a note pinned to his chest declaring that he couldn’t bring himself to “scavenge through rubbish bins” because of the brutal economic climate, is starting to raise … Continue reading
Ah Hindsight
After several years of conjecture, political wrangling and detailed analysis by experts and amateurs alike – over the reasons for and resolution of the credit crisis and subsequent recession – it’s nice to hear a pithy encapsulation. Ernst Welteke, who … Continue reading
Will the Dutch eat humble pie?
last two-year European financial crisis – but the time has now come for the Netherlands to implement their own rules or face penalties from the eurozone Belgian central office. The government of Dutch PM Mark Rutte are apparently in hiding, … Continue reading
Filed under Economy, Europe, Global Markets
Eurozone: with us or against us?
The dithering continues and it’s proving costly. The latest news from the frontline of the crisis is still uncertainty, and the rescue firewall is not growing with the help of the G20 countries. “We have to see the colour of … Continue reading
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
