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European Stabilization Mechanism

Beyond the Eurocrisis: Is More Democratic Governance the Solution for Europe?

Luka Orešković | Posted 07.22.2013 | Politics
Luka Orešković

If invested with popular legitimacy, Europe's success will depend on balancing it with long-term focused meritocratic governance and avoiding capture by short-term and particular special interests. A middle Way between West and East is indeed necessary.

Government by the Banks, for the Banks: The ESM Coup D'Etat in Europe

Ellen Brown | Posted 09.02.2012 | Business
Ellen Brown

It is one thing to pool national resources to bail out other sovereign governments, quite another to write a blank check to bail out the profligate private banks that precipitated the global downturn.

Bonnie Kavoussi

What Will It Take For Investors To End The Euro Crisis? | Bonnie Kavoussi | Posted 01.19.2012 | Business

What exactly do investors want from Europe? The question is far from trivial. Without private investors buying up the bonds of troubled European co...

Euro Falls After Moody's Further Downgrades Ireland

Posted 06.15.2011 | Business

DUBLIN (Padraic Halpin) - Moody's cut Ireland's sovereign rating by two notches to the verge of junk status on Friday and kept its outlook on negative...