Financially troubled EU countries are reaching out to wealthy foreigners – particularly from China – to offer residency in return for investment UPDATED : Thursday, 06 February, 2014, 3:28am Benjamin Robertson and Patrick Boehler Illustration: Sarene Chan Jason Wu of… Read More ›
Portugal
Wealth tax to pay for EU bailouts
Monday, 15 April 2013 Wealthy households would face new taxes on property and other assets under German plans to prop up the struggling eurozone. Senior advisers to Chancellor Angela Merkel are pushing for better-off households to pay towards the cost… Read More ›
EMU plot curdles as creditors seize Cyprus gold reserves
By Ambrose Evans-Pritchard Economics Last updated: April 11th, 2013 Cyprus has agreed to sell gold reserves to raise around €400m. (Photo: Alamy) First they purloin the savings and bank deposits in Laiki and the Bank of Cyprus, including the… Read More ›
Eurozone faces new challenge as Portugal blocks cuts
The eurozone crisis threatens to flare up again this week after Portugal’s constitutional court blocked the country’s planned austerity programme. Portugal’s Prime Minister Pedro Passos Coelho addresses the nation from his official residence at Sao Bento palace in Lisbon on… 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 ›
Misery for thousands of British air passengers as anti-austerity strikes hit Europe and angry clashes break out in Oxford Street
Around 800 flights to and from Portugal and Spain cancelled Walkouts and protests planned across Spain, Greece, Portugal and Italy London protests planned to coincide with European walkouts Unions fighting cuts demand an end to ‘unbearable’ austerity measures British air… Read More ›
Euroland’s debt strategy is an economic and moral disgrace
The International Monetary Fund has demolished the intellectual foundations of Europe’s debt crisis strategy. A demonstration against austerity measures near the Spanish Parliament. Photo: AP By Ambrose Evans-Pritchard 4:52PM BST 14 Oct 2012 Drastic fiscal tightening in a string… Read More ›
How far 20 Euros go in EU member countries? That Wild and Crazy Euro
Tuesday, 18 September 2012 The 17 Eurozone members use the same currency, the “Euro”, however 20 euros goes very far in certain EU members and it will get you nowhere in other EU member countries. For example, with 20… Read More ›
Engineering Evil 