European Commission

How much Europe can Europe tolerate?

Mar 19,2017 – JORDAN TIMES – Dani Rodrik This month the European Union will celebrate the 60th anniversary of its founding treaty, the Treaty of Rome, which established the European Economic Community. There certainly is much to celebrate. After centuries of war, upheaval and mass killings, Europe is peaceful and democratic. […]

Spanish bank bailout gets go-ahead

LONDON (CNNMoney) — The European Commission has approved Spain’s plans to restructure four of its weakest banks, clearing the way for them to receive nearly €37 billion in fresh capital from the eurozone’s bailout fund. All four banks were nationalized to prevent them collapsing after Spain’s property bubble burst, leaving […]