EEV: I rarely offer commentary, but the Iron needs to be struck while hot. – The people of Europe need to know whether the political leaders of the Eurozone, including Cyprus, transferred money to safer havens prior to the proposed… Read More ›
European Union
Tomorrow, Cyprus could vote to leave the euro. This is political dynamite: “If Cypriot depositors are forced to pay today, why not Spanish ones tomorrow “
By Mats Persson Economics Last updated: March 17th, 2013 There are two ways to look at the hugely controversial bailout agreed for Cyprus in the early hours of Saturday morning, in which the small island nation – accounting for only… Read More ›
Cyprus baulks at painful EU bailout terms: ” I don’t think the banks will open if the bill isn’t passed “
17 Mar 2013 NICOSIA (AFP) Cyprus postponed an emergency debate in parliament on a controversial EU bailout on Sunday, threatening a prolonged closure of the island’s banks as MPs baulk at an unprecedented tax on savings. Fellow eurozone countries and… Read More ›
Osborne says UK will help troops hit by EU raid on British savers in Cyprus
George Osborne: UK will compensate troops and government workers affected by Cyprus bailout levy Savers in Cypriot banks will be forced to hand over up to 10 per cent of their deposits to raise about €6bn James Legge Sunday 17… Read More ›
Spain protesters accuse EU of servility to markets
16 Mar 2013 MADRID (AFP) Thousands of protesters marched Saturday in Madrid and other cities in Spain against European Union leaders’ handling of the financial crisis, condemning “an EU that belongs to the markets”. The marches, organised by Spain’s “indignados”… Read More ›
Cyprus people ‘shocked’ with bailout terms: EuroGroup wants to tax Bank Deposits
Please refer to Update: Latest Update: It is apparent that Reuters is running a similar story that is there is no run on the banks, and foreigners accounts are safe. Cyprus parliament to vote on savings levy The following… Read More ›
‘In fact, Italy’s already out of the euro’ – Grillo
Mar 13, 2013 18:20 Moscow Time Photo: EPA Beppe Grillo, the leader of the “Five Star Movement” which won 25% of the votes cast in the last parliamentary elections was interviewed by the German financial newspaper Handelsblatt. The former comic… Read More ›
Wave of euroscepticism reaches Germany / “predicted the collapse of the Eurozone”
Natalia Kovalenko, Alexander Shishlo Mar 12, 2013 16:31 Moscow Time © Flickr.com/Luigi Rosa/cc-by-sa 3.0 German opponents to the common European currency have set up a new political party named Alternative for Germany. They urge disbanding the Eurozone, going back to… Read More ›
Banks saved, but may have lost an entire generation of young people in the process, the president of the European Parliament said.
Banks saved, but Europe risks “losing a generation” By Luke BakerPosted 2013/03/11 at 3:37 pm EDT BRUSSELS, Mar. 11, 2013 (Reuters) — Europe has spent hundreds of billions of euros rescuing its banks but may have lost an entire generation… Read More ›
MEPs to vote on EU ‘ban on all forms of pornography’
MEPs will next week vote on a “ban on all forms of pornography” including censorship of the internet in a bid to “eliminate gender stereotypes” that demean women. MEPs will next week vote on a “ban on all forms of… Read More ›
Britain saw worse wage drops than rest of EU – study
Published time: March 04, 2013 12:31 Britain has suffered one of its the biggest drops in median pay over the last two years, recent figures have revealed. Out of the EU’s 27 member-states, only the Netherlands,… Read More ›
Germany won’t let Bulgaria and Romania join Schengen zone
Sunday, 03 March 2013 Interior Minister Hans-Peter Friedrich has told Der Spiegel magazine that Germany would not allow Romania or Bulgaria to join the European open-border Schengen zone. Often called the Schengen zone, the area incorporates 22 EU member… Read More ›
EU economy commissioner warns over Cyprus euro exit
Cyprus’s new President Anastasiades stands next to his predecessor Christofias at the presidential palace in the capital Nicosia. AFP Sunday, Mar 03, 2013 BERLIN – European Economic Affairs Commissioner Olli Rehn has warned that debt-riven Cyprus could exit the… Read More ›
EU Budget deal struck with £16billion sweeteners
The full extent of £16billion in “sweeteners” paid to European Union member states to secure their support for last month’s decision to make a historic cut in the union’s budget can be revealed for the first time. David Cameron won… Read More ›
Eurozone breaks record on Jobless level
Friday, 01 March 2013 Italy’s voters gave their verdict on the austerity medicine they’ve been forced to take when they went to the polls earlier this week. By Friday, one of the reasons behind the protest was highlighted when the… Read More ›
Hundreds of thousands march against austerity in Portugal
02 Mar 2013 LISBON (AFP) Hundreds of thousands of people took to the streets of Lisbon and other Portuguese cities Saturday to protest against the government’s austerity measures aimed at rescuing the debt-hit eurozone nation. The rallies were organised by a… Read More ›
Anti-austerity strike to bring Greece to a standstill
Tue, 19 Feb 2013 23:36 GMT Reuters By Renee Maltezou ATHENS, Feb 20 (Reuters) – Greek workers walk off the job on Wednesday in a nationwide anti-austerity strike that will disrupt transport, shut public schools and tax offices and leave… Read More ›
Man-made chemicals cited in health scourges -UN report : “a global threat that needs to be resolved,”
Tue, 19 Feb 2013 13:59 GMT Reuters * Childhood cancers, male sperm count cited * Action said needed to avert global threat * Product labels may not identify components By Robert Evans GENEVA, Feb 19 (Reuters) – Man-made chemicals in… Read More ›
Tens of thousands join electricity protests across Bulgaria: “We cannot stand it anymore,”
Sun, 17 Feb 2013 17:48 GMT Reuters * Tens of thousands protest in more than 20 cities * Protesters demand re-nationalisation of power distributors * Finance minister has ruled out nationalisation By Angel Krasimirov SOFIA, Feb 17 (Reuters) – Tens… Read More ›
Greek Unemployment: 60% of young out of work
Thursday, 14 February 2013 Tensions are running high in Greece as the country’s workers suffer from unemployment rates that are double the rest of the eurozone’s. More than 60 percent of Greece’s young workers are unemployed, according to new data.The… Read More ›
Eurozone recession deepens in fourth quarter
14 Feb 2013 BRUSSELS (AFP) The recession in the 17-nation eurozone recession deepened sharply in the fourth quarter of 2012, with the economy shrinking by 0.6 percent from output in the three months to September when it dropped 0.1 percent, official… Read More ›
Europe and US pledge to create world’s biggest trading bloc
The European Union and America are to open negotiations with the aim of creating the world’s biggest free trade area worth €86bn (£75bn) within two years. David Cameron pledged that Britain, which currently chairs the G8 group of countries, would… Read More ›
European wages: Danish earn 25 Eur/hr, Bulgarians 1.5 Eur/hr …
Monday, 11 February 2013 There are massive discrepencies in earning power among European countries shows the latest report from Eurostat. The Danish are doing quite well for themselves, earning a net average of 25 Eur/hr ($34/hr). The Bulgarians on the… Read More ›
Greeks’ purchasing power halved
Thursday, 07 February 2013 The purchasing power of Greeks has been halved, shows the survey of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE). According to survey results, 8 out of 10 Greeks have limited their shopping to… Read More ›
Greeks scrabble for food handouts in streets
Free fruit and veg – even the rich are queuing up 07 February, 14:27 People wait in line for a free meal in Athens (archive) (ANSAmed) – ATHENS – When a group of farmers handed out free fruit and… Read More ›
$3 mln to be spent on ‘internet trolls’ as EU looks to 2014 election
Published: 3 February, 2013, 21:10 Edited: 3 February, 2013, 21:10 The EU will spend more than $3 million on ‘troll monitors’ to trawl Eurosceptic debates on the internet ahead of European elections in June 2014, UK media reports. It comes… Read More ›
Erdogan – Turkey will say goodbye to EU
Sunday, 03 February 2013 Turkish Prime Minister Recep Tayyip Erdogan has announced that Turkey “will say goodbye to the EU”. While governments of the EU member states fear that they would have to face dissatisfaction of their voters if they … Read More ›
Tory ministers may vote against staying in EU if Cameron fails to claw back powers
Boris Johnson and other senior Conservatives are warning David Cameron that they may not vote to keep Britain in the European Union unless there is a “significant” repatriation of powers from Brussels. Mr Cameron at the World Economic Forum in… Read More ›
11 EU countries okay transactions tax
Jan 22, 2013 20:18 Moscow Time The finance ministers of 11 European Union countries supported the idea of a financial transactions tax at a meeting in Luxemburg on Tuesday. The agreement is yet to be finalized, but the key principles… Read More ›
David Cameron forced to delay key EU speech warning of Britain’s exit
ANDREW GRICE Thursday, 17 January 2013 David Cameron is to warn that the British people will “drift towards the exit” of the European Union unless the EU is reformed. The warning will be included in the speech on the UK’s… Read More ›
‘Red October’ has been spying on WORLD LEADERS for 5 years – researchers
New flavour of cyberespionage malware uncovered by security bods By John Leyden Posted in Security, 14th January 2013 18:04 GMT Free whitepaper – Shutterfly and Cleversafe Partner Case Study Security watchers have discovered a malware-based cyber-espionage campaign targeting diplomats, governments and… Read More ›
Middle-class Greeks to fork out over 40% of annual salary in tax: ” in order to qualify Greece for more bailouts”
Published: 12 January, 2013, 17:20 Edited: 12 January, 2013, 18:31 Athens passed new tax increases to boost revenue by US$3 billion to keep in line with previous commitments to creditors. The new measures limit family benefits and force the middle… Read More ›
Senior Angela Merkel allies warn David Cameron not to ‘blackmail’ EU
Andrew Grice Thursday, 10 January 2013 Allies of the German Chancellor Angela Merkel have warned David Cameron not to “blackmail” Europe by threatening to take Britain out of the EU. The Prime Minister is expected later this month to… Read More ›
White House told to ‘butt out’ of debate over UK’s role in EU
Eurosceptics furious at senior US official’s call for Britain to stay a ‘strong’ member of Europe LAST UPDATED AT 11:26 ON Thu 10 Jan 2013 A SENIOR representative of the Obama administration who said Britain needs to remain a “strong… Read More ›
Brussels fears ‘poverty trap’ for half of Europe as North-South gap widens
Unemployment in the eurozone jumped to a record high of 11.8pc in November as the region slid deeper into recession, with alarming rises across the Mediterranean that threaten extreme social distress. The report said the biggest single cause of the… Read More ›
Biofuels cause pollution, not as green as thought – study: Will have small but significant effects on human mortality and crop yields
Sun, 6 Jan 2013 18:00 GMT Reuters * Trees could add to toxic ozone-Lancaster University * Could cause almost 1,400 premature deaths in Europe a year * Study shows biofuels not totally benign vs fossil fuels By Environment Correspondent Alister… Read More ›
France’s High Court: 75% Tax is Unconstitutional
Sunday, 30 December 2012 France’s Constitutional Council on Saturday rejected a 75 percent upper income tax rate to be introduced in 2013 in a setback to Socialist President Francois Hollande’s push to make the rich contribute more to cutting the… Read More ›
Are GMOs “sterilizing” Serbia?
Timur Blokhin Dec 27, 2012 15:52 Moscow Time Photo: EPA It’s no time for joking in Serbia: the ban on GMOs currently in force could spoil the country’s relations with the United States, and close the doors of the WTO… Read More ›
European Union president Herman Van Rompuy tonight warned that David Cameron’s attempts to return powers to Britain are doomed
UK ‘walking into desert’, European Union president Herman Van Rompuy warns Nigen Morris Thursday, 27 December 2012 European Union president Herman Van Rompuy tonight warned that David Cameron’s attempts to return powers to Britain are doomed – as he… Read More ›
Hungary counters EU, bans foreigners from buying Land
Sunday, 23 December 2012 Hungary has amended its constitution to bar foreigners from buying farmland, a move the government called “historic,” but one that could cause friction with the European Union. Foreigners are already blocked from buying farmland under a… Read More ›
Auto-immune disease: the viral route is confirmed
19.12.2012 – Press release Europe Health technologies Why would our immune system turn against our own cells? This is the question that the combined Inserm/CNRS/ Pierre and Marie Curie University/Association Institut de Myologie have strived to answer in their “Therapies… Read More ›
Merck cholesterol drug fails; risks seen/ But yet approved in the European Union in since 2008
Thu, 20 Dec 2012 17:03 GMT Reuters * Cites increase in nonfatal side effects * Says it will not seek U.S. approval of high-profile drug * Failure is latest setback for HDL-raising drugs * Merck shares fall 2.5 percent (Adds… Read More ›
The White House has warned Britain that its position on the world stage could be significantly weakened by leaving the European Union.
Britain will be weaker without EU, says USA With David Cameron now saying a Britain out of Europe was now ‘imaginable’, US agitation has reached a new high Photo: Thierry Roge/EPA By Alex Spillius, Diplomatic Correspondent 9:00PM GMT 18 Dec… Read More ›
David Cameron has been told he cannot “repatriate” powers from Brussels to Britain because membership of the European Union is “for life”.
Europe is ‘for life’, Francois Hollande tells David Cameron in EU power spat David Cameron has been rebuked by France over his plans to repatriate powers from the EU By Tim Ross, and Bruno Waterfield in Brussels 2:27PM GMT 14… Read More ›
Closed EU doors to prompt new Union – Union of Slavic Nations?
Sunday, 09 December 2012 According to Igor Muradjan, analyst for Armenian daily Erkramas, as of this spring (2012) there are attempts to find common language between Serbia and Bulgaria’s common interests. There have been talks for a Union between Serbia,… Read More ›
Give back our money, savers yell at Spain banks
News @ AsiaOne Furious Spaniards who say banks cheated them of their savings took to the streets demanding that the bailed-out lenders give them their money back. -AFP Sat, Dec 01, 2012 AsiaOne MADRID – Furious Spaniards… Read More ›
Eurozone unemployment hits record high of 11.7pc
Recession in the eurozone forced a further 173,000 people out of work during October and pushed the unemployment rate to a record high of 11.7pc. By Matthew Sparkes 2:09PM GMT 30 Nov 2012 Almost 26m people across Europe are now… Read More ›
Europe disintegrating into regions
Vlad Grinkevich Nov 30, 2012 18:12 Moscow Time © Collage “The Voice of Russia” The worsening economic situation in Europe may lead to the appearance of new states. The increasing integration of the Eurozone countries has triggered centrifugal trends inside… Read More ›
Majority of British public wants to leave Europe
Conservatives and Ukip ‘at war’ as ComRes survey for The Independent finds 54 per cent want Britain to leave the EU provided it could keep its close trade relationship with the bloc Andrew Grice, Nigel Morris Monday, 26… Read More ›
Catalans have set their region on the road to independence, voting in pro-separatist parties that will push for a referendum on breaking away from Spain.
Catalonia poll: Spain’s unity put to the test as voters take step towards independence <!– remove the whitespace added by escenic before end oftag –> By Fiona Govan, Barcelona 8:53PM GMT 25 Nov 2012 The incumbent regional president Artur Mas… Read More ›
Engineering Evil 