Europe is in crisis once again and this time it is deadly serious. At stake is not only the survival of the European currency, but also of the entire integration project. Collapse of the Euro could trigger…
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Articles on European Union (EU)
Displaying 1381 - 1389 of 1389 articles
The dramatic falls in share prices of Greek debt-laden French banks overnight highlights just how closely tied the current market chaos is to the world’s worsening debt woes. Market crashes like that of…
Italian Prime Minister Silvio Berlusconi’s reassurance to his parliamentary colleagues during a speech on Wednesday did little allay about fears of a crisis in Eurozone’s third-biggest economy. The Italian…
Societies, if we are to take the Freudian line, prefer to subordinate chaotic urges in favour of dull order. Civilization implies stability. By the nineteenth century, human society was digesting a range…
European leaders signed off on a second, 109 billion euro bailout for Greece overnight, while also establishing what has been described as an “infant monetary fund” to intervene if the bloc’s sovereign…
As Margaret Thatcher’s trade minister in the 1980s, Norman Tebbit devoted much of his time to dealing with the European Community – the precursor to the European Union. Routinely, at meetings in Brussels…
Quelle surprise. French finance minister Christine Lagarde has been announced as the new managing director of the IMF, succeeding the beleaguered Dominique Strauss-Kahn. Like Strauss-Khan (known as ‘DSK…
As international markets react to the unrest in Greece amid fears of contagion, mass protests have also continued in fellow European Union member country, Spain. This protest movement, called the “indignant…
A poll of international investors last month found that 85% expect Greece to default on its debt this year. As market expectations go, that is very high. Moody’s has since downgraded Greece’s already abysmal…
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Professor of Politics & International Studies, The Open University
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