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Europe Crisis

Thanks to Bernard-Henri Lévy for Challenging a Defeatist Europe

Constantin Sigov | Posted 05.12.2014 | World
Constantin Sigov

Against all of the defeatists united in their resignation to retreat before Putin, this European thinker has stepped up to the struggle for the deliverance of the new Ukraine. This man follows in the great tradition of fighters for freedom -- the Resistance to the Nazi occupation of France during the Second World War, the Prague Spring, and the dissidence in the face of Soviet oppression and lies, among many others.

A Banking Union Must Be A Pillar Of Europe

Pedro Passos Coelho | Posted 05.03.2014 | World
Pedro Passos Coelho

No one should resent the economic success of others. On the contrary. But in the same way that we stand for the ideal of equality of opportunity between individuals within our societies, we also need to deliver that equality of opportunity for every country within our great European society.

Europe Needs A Road Map -- Or It Will Go Backwards

Nicolas Berggruen | Posted 04.29.2014 | World
Nicolas Berggruen

The paradox of this historical moment is that we see across the world -- in Ukraine, Egypt, Thailand, Turkey -- that elections in and of themselves are not the standard of legitimacy. Only strong institutions can sustain democracy. But institutions alone without democratic legitimacy conferred upon them, as we see in the European Union, are also not sustainable.

The Answer to Unemployment Is More Europe Not Less

Vivian Norris | Posted 07.29.2013 | Business
Vivian Norris

Beyond more focused EU spending is also the responsibility of business to help bring down youth unemployment by showing what they have to offer Europe in order to make the transition from school to work flow more smoothly.

EU To Slow Pace Of Austerity

AP | JUERGEN BAETZ and RAF CASERT | Posted 07.29.2013 | Business

BRUSSELS — The European Union softened its demands for austerity Wednesday when it gave France, Spain and four other member states more time to ...

Greek Lawmakers Approve Controversial Bailout Provision

Reuters | Posted 06.28.2013 | Business

ATHENS, April 28 (Reuters) - Greek lawmakers on Sunday approved a reform law to unlock about 8.8 billion euros ($8.9 billion) of rescue loans from t...

Cyprus Limits ATM Withdrawls

Reuters | Posted 05.24.2013 | Business

NICOSIA, March 24 (Reuters) - The central bank in Cyprus imposed a 100-euros per day withdrawal limit at cash machines for the island's t...

Cyprus Government Proposes Bill To Crack Down On Banks

Reuters | Posted 03.21.2013 | Business

NICOSIA, March 21 (Reuters) - The Cypriot government submitted a bill to parliament on Thursday giving the finance minister or central bank governor t...

Europeans Freaking Out Over Controversial Cyprus Bailout

Reuters | Posted 05.17.2013 | Business

By Harry Papachristou and Sonya Dowsett ATHENS/MADRID, March 17 (Reuters) - Europeans' faith in the safety of their savings has been s...

Krugman Levels Dire Warning On Cyprus Bailout

Posted 03.17.2013 | Business

European leaders are essentially inviting their fellow countrymen to make a run on the banks, according to Paul Krugman. The Nobel Prize-winning e...

Crisis-Ridden European Nation Delays Crucial Vote

AP | MENELAOS HADJICOSTIS | Posted 05.17.2013 | Business

NICOSIA, Cyprus — Cyprus' president said Sunday that he is trying to amend a key provision of an unpopular eurozone bailout plan that would tax ...

Euro Zone Unemployment Hits All-Time High

Reuters | Posted 05.01.2013 | Business

* Euro zone inflation rate falls to 1.8 percent in February * Unemployment hits new high of 11.9 percent in January By E...

'We Have The Worst Behind Us'

AP | Posted 12.27.2012 | Business

BERLIN -- Germany's finance minister says the worst of euro area's debt crisis appears to be over after three years of worries over Greece and other m...

Europe Just Keeps Getting Worse

Reuters | Posted 02.12.2013 | Business

By Jonathan Cable LONDON, Dec 14 (Reuters) - The euro zone recession has deepened in the current quarter after the bloc's private sect...

'What Was Neglected Over Years, Over Decades, Cannot Be Taken Care Of Overnight'

Reuters | Posted 01.21.2013 | Business

BERLIN, Nov 21 (Reuters) - German Chancellor Angela Merkel said on Wednesday she sees a chance for a deal to release emergency aid for Greece at a m...

Recession AGAIN?!

Reuters | Posted 01.14.2013 | Business

* Euro zone GDP falls 0.1 pct in third quarter * France, Germany rise 0.2 but Netherlands, Spain, Italy fall * Belgium ...

Europe Just Had A Terrible Month

Reuters | Posted 01.23.2014 | Business

* Euro zone composite PMI sinks to 45.7 in Oct * Headline index at lowest since June 2009 * Services PMI also falls slig...

Eurozone Debt Grows To Insane Level

Reuters | Posted 12.24.2012 | Business

By Jan Strupczewski BRUSSELS, Oct 24 (Reuters) - Euro zone government debt rose to 90 percent of the single currency area's gross domestic produ...

'You Can Cook Tasty Meatballs With Leftover Ground Beef'

Reuters | Posted 12.18.2012 | Business

* 59 pct of Italian families recycle leftovers * Italy wastes food worth 11 billion euros every year By Antonella Cianci...

Spain Is Maybe Ready To Ask For Help Now

AP | CIARAN GILES | Posted 10.18.2012 | Business

MADRID -- Spain raised (EURO)4.6 billion ($6 billion) at a sharply lower cost Thursday amid growing expectations that the cash-strapped country will s...

'We're No Longer Seen As Second-Class Citizens'

Reuters | Posted 12.14.2012 | Business

* Italian, Spanish bond yields are the new "fear index" * Politicians and public learn the bond market vocabulary ...

Lagarde: Austerity Doesn't Work, It 'Is Clear From History'

AP | ELAINE KURTENBACH | Posted 12.12.2012 | Business

TOKYO — Despite making progress on getting its fiscal house in order, the United States still has much work to do, Treasury Secretary Timothy Ge...

Eurozone To Launch Bailout Fund, With Hopes Spain Will Beg For Aid

Reuters | Posted 12.07.2012 | Business

By Jan Strupczewski BRUSSELS, Oct 8 (Reuters) - Euro zone finance ministers will launch their 500 billion euro ($653.00 billion) perma...

I Work In A Hospital, But I'm About To End Up Unemployed'

AP | Posted 12.07.2012 | Business

MADRID — Several thousand people marched in downtown Madrid on Saturday to protest austerity measures they say will lead to cuts in cherished na...

EU Group Recommends Separating Consumers' Money From High-Risk Banking

Reuters | Posted 12.02.2012 | Business

* Liikanen group recommends structural change to make banks safer * Regulators at European Commission to consider the proposals ...