English content

  • Did the European Central Bank fix the crisis ?

    Well, there is potential in the announcements made by Mario Draghi recently. The ECB has said that it has unlimited firepower to buy up government bonds. But, importantly, no government will be able to get that sort of help unless they sign up for massive austerity. Furthermore, it is clear that it is the ECB that will decide how much bond-buying is needed.

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  • Antonis Samaras failed his efforts to form a national salvation administration

    The first round of government talks in Greece ended in stalemate on Monday after the top-seeded conservative party failed to entice parties opposed to the country's EU-IMF bailout deal to join a coalition.Conservative New Democracy leader Antonis Samaras said his efforts to form a national ... MAI DEPARTE...
  • The Greek Parliament approved a bill on austerity measures needed for a new bailout.

    The austerity measures have been demanded by the EU, the International Monetary Fund (IMF) and the European Central Bank (ECB) - the so-called Troika - as a condition for handing over a further loan. The agreement will unlock the latest 130bn euros (108bn; $171bn) in bailout loans and ... MAI DEPARTE...

  • ECB’s involvement in the Europe’s crisis

    Mr. Trichet, 68, is said to have lost his cool with a reporter who asked whether Germany should abandon the euro and return to the mark as Europe’s debt crisis roils markets and spooks voters. Almost 13 years after its demise, the Deutsche mark retains enough potency to haunt Jean-Claude Trichet’s final days as European Central Bank president.

    “I would like very much ... MAI DEPARTE...
  • Sustainable environmental protection through Europe’s - Emissions Directive

    European institutions are close to finalizing the second reading of the Industrial Emissions Directive (IED). CEFIC, the European Chemical Industry Council, supports the objectives of the Directive. CEFIC, suggests the Directive “would be more effective in ensuring sustainable environmental protection ... MAI DEPARTE...

  • The absurdity is the E.U. strategy

    When the German refugee aid organization Pro Asyl was founded 25 years ago, most refugees were arriving from Eastern Europe. They were fleeing socialist dictatorships or wars in the disintegrating Yugoslavia, and they applied for asylum in Germany. In the words of the Pro Aysl chairman Juergen Micksch, the refugees were “harbingers”

    of the impending collapse of the soviet bloc ... MAI DEPARTE...