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The eurozone crisis is moving beyond “spendthrift” countries in need of rescue, to the rescuers themselves. AAP

Heart of darkness – entering the Eurozone’s end game

Early this week, sovereign bonds spreads for France and other Euro-core countries peaked. Around noon on Tuesday the spreads on French and Austrian 10-year government bonds exceeded the German bund rate…
Italy’s debt woes will not disappear after Berlusconi finally steps down. AAP

As the Eurozone teeters, Italy has no time to waste

Global markets have tumbled in the past 24 hours on fears over Italy’s worsening debt crisis, with media reports that Germany and France have begun talks to break up the Eurozone if the monetary union’s…
French President Nicolas Sarkozy should be worried about the upcoming elections. EPA/Yoan Valat

France 2012: Sarkozy’s tough road ahead

French President Nicolas Sarkozy has a tight fight on his hands. He’ll be taking on the Socialist Party’s Francois Hollande in the elections next year. And he could struggle to get a second term. Four…
A member of a specialised team checks for radiation outside the CENTRACO nuclear waste treatment center near Marcoule, southern France, after an explosion caused the death of one person and serious injuries to another. AAP/EPA/JEROME REY

Radiation risk low after French nuclear blast: experts

An explosion at a nuclear waste facility in Southern France has killed one and badly burned another but is unlikely to cause a dangerous radioactive leak, experts said on Tuesday. The blast occurred late…

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