Why Sunday’s French election matters to the world
ANDREW HAMMOND April 24, 2022 Short Url https://arab.news/rzbqq It is not just the French populace that is holding its breath as the final round of presidential election on Sunday sees […]
Controversial Eurozone AccessionConcerns Rise as Bulgaria Prepares to Join the Euro
Controversial Eurozone AccessionConcerns Rise as Bulgaria Prepares to Join the Euro Bulgaria has significant problems with corruption and money laundering. Nevertheless, the European Union is prepared to accept the country […]
Europe after Merkel
Nov 05,2016 – JORDAN TIMES – Ashoka Mody Next year, Germany will hold a federal election, and the new Bundestag will choose the country’s next chancellor. Whether or not Angela Merkel retains the role — at the moment, things are not looking good for her or her Christian Democratic Union (CDU) […]
Greece to miss IMF payments amid fears of 'catastrophic' eurozone rupture. A Greek reversion to the Drachma would be an irreversible "disaster" for the entire euro project, Yanis Varoufakis warns
Greece’s long-term future in the eurozone still hangs in the balance Photo: AFP By Peter Spence, Economics Correspondent 24 May 2015 Greece will be unable to find the €1.6bn (£1.1bn) sum it is due to hand the International Monetary Fund (IMF) next month, one of the country’s ministers has admitted. Nikos […]
Greece to miss IMF payments amid fears of ‘catastrophic’ eurozone rupture. A Greek reversion to the Drachma would be an irreversible “disaster” for the entire euro project, Yanis Varoufakis warns
Greece’s long-term future in the eurozone still hangs in the balance Photo: AFP By Peter Spence, Economics Correspondent 24 May 2015 Greece will be unable to find the €1.6bn (£1.1bn) sum it is due to hand the International Monetary Fund (IMF) next month, one of the country’s ministers has admitted. Nikos […]
Germans set to confirm Greek aid Thursday
Source:The Local: German parliament is set to vote on Thursday to clear an aid package agreed for Greece, a senior deputy from Chancellor Angela Merkel’s party said, as the main opposition party pledged its support. More:
Nick Clegg: eurozone foundations are ‘weaker than anyone could have predicted’
Nick Clegg has warned that the foundations of the eurozone are “weaker than anyone could have predicted”, as he urged Greece to stay in the euro and stick with its […]
Germany, France draw battle lines over eurozone bonds
(Reuters) – Germany dismissed a French-led call for euro zone nations to issue common bonds, a day before a European Union leaders’ summit which investors are looking to for new measures to counter the bloc’s debt crisis. After a torrid week, stock markets rallied on optimism that the Wednesday summit […]
Poverty drives central Europe’s great exodus
By Ioana Patran and Sam Cage: (Reuters) – Maria Ene’s traditional white house on a muddy, unnamed Romanian street doesn’t have running water, but it does have two satellite dishes sprouting […]
Austerity Reigns Over Euro Zone as Crisis Deepens
http://pix04.revsci.net/H07707/b3/0/3/0806180/111175477.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707%2CH07707 Europe’s leaders braced their nations for a turbulent year, with their beleaguered economies facing a threat on two fronts: widening deficits that force more borrowing but increasing austerity measures that put growth further out of reach. Saying that Europe was facing its “harshest test in decades,” Chancellor Angela Merkel […]