You search by tag - Euro


	Austrian report by Euro Reporter Austria leads European gas-price surge as Russian supply dropsAustrian natural gas jumped by more than a third this week as Russian flows declined and freezing weather left about 250 people dead across Eastern Europe. Gas for
	Spanish report by Euro Reporter Economy shrinksSpain’s economy shrank in the fourth quarter, pushing the country toward its second recession since 2009 and undermining government efforts to narrow the budget deficit. Gross domestic product fell 0.3 per
	Portuguese report by Euro Reporter Portugal is beating the headwinds The financial crisis has forced Portugal to confront a number of longstanding imbalances in its economy. No country desires an adjustment program, but once in place it should be embraced as an

	Maltese report by Euro Reporter Gonzi faces confidence vote that may derail deficit cutsMaltese Prime Minister Lawrence Gonzi faces a no-confidence vote in parliament that could bring down the government and undermine his efforts to trim the deficit and shie
	Luxembourg report by Euro Reporter Fincl tax for euro-zone only is bad ideaLuxembourg Finance Minister Luc Frieden said Tuesday implementing a financial transaction tax only in the euro zone is a bad idea. "It's a bad idea because it would have the eff
	Italian report by Euro Reporter Italian cruise death toll rises to 13The death toll from the Costa Concordia shipwreck has raised to 13 after divers found the body of a woman in the stern of the half-sunken cruise ship. Civil Protection services Chief Franco
	Irish report by Euro Reporter Apologise for remarks on exilesThe row over Michael Noonan’s remarks about emigration continued yesterday, with Sinn Féin calling on the Minister for Finance to apologise for saying it was a lifestyle choice. Mr Noo
	My ideal future economic model for Europe! by Christos Mouzeviris Our leaders are debating, going to summits trying to find a solution for the current economic crisis. They want to decide which way forward, what to do to save the euro and the European economy. The citizens are looking up to them desperately,
	Greek report by Euro Reporter Watch the Greeks, not the agenciesWhile the big headlines over the weekend were about S&P's downgrades of European countries, the more worrying news came from Greece, where talks on a debt deal broke up. While I am not
	German report by Euro Reporter German five-, 30-year yields drop to records on Europe crisisGerman bonds gained this week, with five-year and 30-year yields falling to records, as government officials said Standard & Poor’s may lower the credit ra
	French report by Euro Reporter France to pursue reforms after downgradeFrance's prime minister said Saturday his country will push ahead with cost-cutting measures after its top-tier debt rating was downgraded, a blow with repercussions across financial
	Finnish report by Euro Reporter S&P will not cut top-rated FinlandRatings agency Standard & Poor's will not downgrade top-rated Finland in a euro zone-wide move expected later on Friday, a senior euro zone official said. "Finland is not amon
	Euro-zone and Herman's poems by Thanos Kalamidas I’m afraid all the New Year resolutions about the European economy failed but I bet all Merkel’s resolutions about the German economy are going to succeed and this covers the economic situation in Europe for the glorious year 2012. By
	Estonian report by Euro Reporter Estonian Wikipedia makes case for tax exemptionEstonian Wikipedia is suing the government because of changed rules that deny Wikipedia tax exemption status as a non-governmental, philanthropic organization. "A few years a
	Dutch report by Euro Reporter Lawmaker urges Dutch to apologize for WWII Jewish deportationsOutspoken Dutch lawmaker Geert Wilders called on the government Wednesday to apologize for the country's "passive" response to the mass deportations o
	Cypriot report by Euro Reporter Cyprus’ foreign minister briefing US officials on natural gas developmentThe foreign minister of Cyprus is discussing with U.S. officials her country’s promising economic prospects from natural gas exploration. Era
	Quo Vadis Euro? by Thanos Kalamidas Did you know that Euro reached its ten years mark? I suppose between announcements that the euro-crisis is deepen, calls for unity and predictions that in the next three months the euro-zone will count one less state you might have missed the fire
	Belgian report by Euro Reporter Prepared to take additional anti-crisis measuresBelgium is prepared to take additional measures to combat its crisis, Prime Minister Elio di Rupo said in a New Year's address. "The aims of the new government is to com
	Austrian report by Euro Reporter Austrians brace for harsh health reformKarlheinz Kopf said he was currently trying to convince the Social Democrats’ (SPÖ) debt brake negotiators that there was a savings potential of 1.8 billion Euros until 2017. S
	German report by Euro Reporter Solar power production surges 60 of total electricity supplyGermany’s solar energy output surged 60% to 18 billion kilowatt-hours (kWh) in 2011, accounting for more than 3% of national electricity generation, national in
	French report by Euro Reporter France and Germany still dividedTwo landmark speeches in two days were supposed to highlight France and Germany's determination to bring about a resolution to the euro crisis. Instead, they have highlighted how divided Fra
	Euro-report by Euro Reporter In the grip of a financial coupIt is clear that the European Union cannot summon the political will to stand up to the markets and resolve the crisis. Until now the lamentable behaviour of European leaders has been blamed on t
	Danish report by Euro Reporter Denmark divided on EU’s fiscal pact as presidency approachesPrime Minister Helle Thorning- Schmidt, who vowed to fight for European unity when Denmark takes over the bloc’s presidency next month, is battling a spli
	Cypriot report by Euro Reporter Britain to keep bases in CyprusBritain will retain both its military bases in Cyprus following the completion of a review of their operations by Lord Ashcroft, its Defence Secretary Philip Hammond said yesterday. The news will
	British report by Euro Reporter Britain 'to send experts to eurozone crisis talks'Britain will send experts to eurozone talks on new rules to save the single currency union after London rejected new EU measures on budget discipline, Poland said on Fr
	Belgian report by Euro Reporter Belgium has gay prime ministerFrench-speaking Socialist Elio di Rupo has become the first out gay leader in the European Union, having been elected the premier of Belgium, according to the Wall Street Journal. Di Rupo, 60, is
	Spanish report by Euro Reporter Spain's example shows limits of EU targets As euro-zone leaders discuss whether to impose penalties on heavily indebted member countries that break certain fiscal limits, Spain's experience shows why more centralized s
	The big fat European mess by Thanos Kalamidas Reading the latest news about the euro-crisis I came with the conclusion that now more than ever Europe is in need of a psychologist and not an economist. Let me give you an example, last week the Finnish minister for European affairs Alexander St
	Portuguese report by Euro Reporter Portugal says it will ‘definitely’ meet 2011 deficit limitPortugal will “definitely” meet its budget-deficit limit for this year after including the transfer of banks’ pension funds to the state,
	Irish report by Euro Reporter Ireland to extend bank guaranteeIreland has no choice but to extend its state-guarantee to depositors and bond holders for six broken banking groups and subsidiaries because market funding for the lenders remains "fragile
	Italian report by Euro Reporter Italian unions uneasy over economic rescue planThe Italian government's financial rescue plan is yet to be finalized, but already labour unions are denouncing it and some politicians are suggesting they might not back all
	Angela, do you feel nervous tonight? by Thanos Kalamidas It really made me smile the latest demand from The “True” Finns* party, the far-right xenophobic Finnish party, for the government to put a price on exiting Euro and the eurozone. And that only days since the minister for the European
	Greek report by Euro Reporter Greece sees rise in homeless rateGreece is faced with a growing homeless rate as the new interim government of Lucas Papademos continues to struggle with the country's economic crisis. Since the 2008 onset of the economic
	German report by Euro Reporter Police battle with 1000s blocking nuke trainThe convoy taking the German waste on a 1,200-kilometre (750-mile) journey from a reprocessing centre in north-western France to a storage facility in northern Germany was stopped fo
	Patronizing democracy in the name of a strong euro by Thanos Kalamidas I was amazed to read that the European Economic and Monetary Affairs Commissioner Olli Rehn asked for more cooperation among the Italian members of parliament while visiting Rome last week and it made me wander if the Finnish politician is familia
	French report by Euro Reporter France working towards greater EU integration French Budget Minister Valerie Pecresse said Sunday that France was working to change European Union treaties in a bid to further consolidate the euro zone. "The idea is to co
	Finn report by Euro Reporter Finland to destroy its landmines after MPs approve banFinland will destroy its stockpile of a million landmines by 2016 after parliament voted on Friday to ban the use of the anti-personnel devices, paving the way for the coun
	Estonian report by Euro Reporter Long-term overdue loans ease in OctLoans and leasing payments more than 60 days overdue in euro zone member Estonia's banking system eased to 5.7 percent of the total loan portfolio in October compared to a revised 5.9 per
	Dutch report by Euro Reporter Greenpeace is damaging Holland's reputationEnvironmental organisation Greenpeace has gone too far so often that the government should look into expelling it from the Netherlands, Richard de Mos, an MP for the populist PVV.
	Danish report by Euro Reporter Security service warns of extremist violenceExtremists from both the right and left of the political spectrum have become more inclined to use violence and more professional in their quest to carry out attacks, the Danish secu
	Cypriot report by Euro Reporter Energy firm estimates field off Cyprus holds 3-9 trillion cubic feet of natural gasA top official with United States firm Noble Energy said on Tuesday that a field it is conducting undersea exploratory drilling in off the coas
	British report by Euro Reporter Rising jobless rate blamed on euro debt crisisBritain’s youth unemployment has broken through the 1 million mark to reach a record level as the country's wider unemployment rate has climbed to a 15-year high. The gov
	Belgian report by Euro Reporter Belgium to double nuclear taxNegotiators forming Belgium's coalition government have agreed to double the tax on nuclear generation to Eur550 million ($745 million) and require dominant power firm Electrabel to make availa
	Sacrificing the Europeans like PIGS by Thanos Kalamidas Amazingly the German chancellor, Angela Merkel declared in her party’s conference that leaving Europe to collapse is something unthinkable while she among the rest of the European leadership leave Europe to slip away. And they doing that the
	Greece and Italy: Putting Humpty Dumpty Back Together Again? by Prof.Emanuel L. Paparella
	Spanish report by Euro Reporter Spain seen as next eurozone victim by analystsSpain may be the next victim of bearish investors in the eurozone bond markets because of its difficulty in meeting deficit reduction targets, weak economy and struggling banks, ac
	Portuguese report by Euro Reporter Portugal doesn't need bailout funds boostPortugal, one of three eurozone countries to receive an EU-IMF bailout, does not need more money to address its debt burden, eurozone chief Jean-Claude Juncker said Wednesday. EU, I
	The kiss of Death for the Euro, or a bluff? by Christos Mouzeviris So after months of just announcing to the Greek public new cuts, new austerity measures and the worsening state of Greece's economy, here comes a bomb from the country's Prime Minister! Mr. Papandreou decided to give the Greeks a refere
	Lithuanian report by Euro Reporter Court jails Real IRA suspect for 12 yearsA Lithuanian court on Friday sentenced Irish citizen Michael Campbell to 12 years in jail for seeking to acquire weapons and explosives in Lithuania to arm a Northern Irish republican m
	Italian report by Euro Reporter Italy protesters rally against BerlusconiTens of thousands of demonstrators have gathered in Rome Saturday to voice their opposition to the government of Italian Prime Minister Silvio Berlusconi and its reforms. Many of the pr
	Latvian report by Euro Reporter Latvians in language voteSignatures are being collected in Latvia in support of the demand that the Russian language be given an official status in this former Soviet Baltic republic. The Central Elections Commission ordered t
	In the mind of Papandreou's loaded gun by Thanos Kalamidas Two years ago and while the Greek economic crisis was reaching one of her peaks, with Mr. Papandreou trying to handle his first days as prime minister in front the disastrous situation, in a speech for the Greek parliament he said that there is al
	Italian report by Euro Reporter Italy at heart of euro crisis as borrowing costs soarItaly’s borrowing costs jumped to record levels on Friday, underlining its vulnerability at the heart of the eurozone debt crisis and scepticism about whether the stru
	Irish report by Euro Reporter Poet Higgins elected Ireland's ninth presidentIrish poet and human rights activist Michael D. Higgins was officially confirmed as his country's ninth president on Saturday after winning nearly 57 percent of the vote in
	The Greek haircut and the skin-headed Euro-zone by Thanos Kalamidas The last twenty-four hours the euro-zone leaders reached one more – major according to them – plan to manage the euro-zone crisis and I’m sorry if one more time I might sound cynic but this “one more time” somehow hol
	Greek report by Euro Reporter Greece vows to build on EU deal, people scepticalGreece vowed to press ahead with economic reforms on Thursday to capitalise on an EU deal to slash the country's debt, despite anger among its citizens at the prospect of ye
	German report by Euro Reporter Germany approves boosting of EU’s bailout fundAnother EU leaders’ summit has kicked off in Brussels aimed at taking concrete steps to deal with the Eurozone debt crisis. Ahead of that, German legislators agreed to
	French report by Euro Reporter Eyes more belt-tighting as election loomsWith France's economic growth outlook fast deteriorating, President Nicolas Sarkozy increasingly has little choice but to launch a new round of belt-tightening six months from a pre
	Finn report by Euro Reporter Parliament’s speaker condemns opposition to Bulgaria, Romania's Schengen entryFinland's parliament speaker Eero Heinäluoma has criticised his country's decision to block the admission of Romania and Bulg
	Estonian report by Euro Reporter Estonian producer price inflation easesEstonia's producer price inflation slowed in September, data released by Statistics Estonia showed Thursday. The producer price index increased 3.7 percent year-on-year in September,
	Dutch report by Euro Reporter PM under fire over euro zone bailoutDutch opposition parties took aim at Prime Minister Mark Rutte on Saturday, demanding the minority coalition government secure a definitive and sustainable solution to Europe's debt cris
	New lords to replace the old kings by Newropeans-Magazine Exported by the Europeans, or more exactly by the "Eurolanders", Spaniards, Portugese, French, Greeks, Germans,... all citizens of the Eurozone, because they perfectly understood that the starting point of all this mess is oversea, the
	Cypriot report by Euro Reporter Cyprus promises 'fully-fledged' EU PresidencyCyprus’ EU Presidency will be a “fully fledged presidency” and Nicosia will not allow the Cyprus problem to jeopardise its role, Deputy Minister to the Pre
	The Greek economic genocide by Thanos Kalamidas This week is going to be very critical one in Greece with demonstration literally putting in a standstill everything from transportation to schools, public and private sector. And this minute probably demonstrators flood the centre of Athens and m
	Belgian report by Euro Reporter Hopes for 6-party coalition governmentBelgium's prime minister-designate announced Thursday he will seek a six-party coalition to end a political impasse that has lasted nearly 500 days, a record for a country to go withou
	Spanish report by Euro Reporter Health service chokes as austerity tightensSpain's treasured public health care system has become the latest victim of the euro zone debt crisis. "We haven't been paid, but there's nothing we can do about it.
	Slovakian report by Euro Reporter Euro success Slovakia torn over saving currency zoneThe Volkswagen, Peugeot and Kia car plants along the main highway illustrate Slovakia's transformation from ex-communist backwater to euro zone success, the world's t
	Portuguese report by Euro Reporter Portugal faces strong restrictions on financingThe Portuguese economy is having trouble obtaining financing, with banks relying on the European Central Bank and the government tapping bailout funds, Finance Minister Vitor Gasp
	Polish report by Euro Reporter To oppose EU-wide shale gas policy?The Polish Institute of International Affairs report, presented at the EP's energy committee this week, concludes that, "because of the complexity and breadth of this debate, it seem
	Would today's European leaders become Europe's undertakers? by Giorgos Kontogiannis Handelsblatt, one of the most reliable financial newspapers in Germany, describes the Greek exit from the Eurozone and its consequences on the European currency. The whole article resembles to a science fiction scenario. It actually mentions th
	Italian report by Euro Reporter Businessman buys space to deride politiciansA prominent Italian businessman bought space in newspapers on Saturday to attack Italy's political class, adding to a swell of criticism of the government's failure to pass m
	Irish report by Euro Reporter Ireland considers using new E.U. fund tooIn Ireland’s Finance Ministry, officials are engineering a manoeuvre that may make the difference between default and financial survival. The impetus for the plan is the cost of b
	Greek report by Euro Reporter Greece urges Turkey to be calm on Cyprus drillingThe Greek prime minister spoke to his Turkish counterpart on Monday, calling for calm in a dispute over gas exploration off Cyprus that has widened the island’s Greek-Turk
	German report by Euro Reporter At war over eurozone bail-outEuropean officials have confirmed that discussions are afoot to boost the eurozone bail-out fund's firepower as part of a grand plan to contain the region's sovereign debt crisis in Greece.
	French report by Euro Reporter Chirac protests innocence in absentiaFormer French president Jacques Chirac gave an impassioned defence of his morals on Friday in a statement read out by a lawyer during his trial over the misuse of public funds when he was m
	Finnish report by Euro Reporter Finland Keen to Expand Ties with IranFinland's Foreign Minister Erkki Sakari Tuomioja voiced his country's willingness to boost ties and cooperation with Iran in different fields. The issue was raised by the Finnish Fo
	Dutch report by Euro Reporter Dutch FinMin warns of tough 2012, won't rule out more cutsThe Dutch finance minister warned on Tuesday that 2012 would be a tough year as he refused to rule out extra budget cuts in coming years and called for tougher sanc
	Danish report by Euro Reporter The unlikely Social Democrat A little after midnight last Thursday, when all but the last of the ballots had been counted, a tall, thin, blond woman in her mid-forties strode smilingly up on a stage in Copenhagen to acknowledg
	Cypriot report by Euro Reporter Cyprus fuel search row heats up A row between Cyprus and Turkey over hydrocarbon reserves in the Eastern Mediterranean escalated to near-crisis levels Friday as Greece, a traditional ally and European Union partner of Nicosia,
	When the domino effect became the boomerang effect by Thanos Kalamidas Thanks to the Euro-crisis the last few months we all learned the term “domino effect” but now a new term raises the “boomerang effect” and let’s see how painful it will be the way and how long it will take to memorise
	Belgian report by Euro Reporter 450 days after election, still no governmentBelgium hit a new milestone Monday — 450 days without a government — but still no one appears to be in any big hurry to resolve the situation. Europe's financial cris
	Spanish report by Euro Reporter Next PM bares his soulMariano Rajoy, who is likely to become Spain’s next prime minister, has made a number of intriguing revelations in his memoirs, strategically released just a few weeks ahead of the general election
	Slovakian report by Euro Reporter Extend bail-out fund’s powersSlovakia’s cabinet on Wednesday approved extending the powers of the European bail-out fund. It now faces a fight in getting the measures approved by parliament because of the oppositio
	Portuguese report by Euro Reporter Banks' ECB borrowing up 4 pct in AugustPortuguese banks' borrowing from the European Central Bank rose 4 percent last month from July, as institutions in one of the countries bailed out in the euro zone debt crisis rem
	Italian report by Euro Reporter Berlusconi hangs on amid cuts and sex sagasSilvio Berlusconi’s exasperated denunciation of Italy as “this shitty country”, emblazoned across newspapers on Friday, may yet haunt the corridors of Brussels and Frankfurt, judging
	Irish report by Euro Reporter Mortgage arrears worsenIrish residential mortgages in arrears or restructured due to financial distress rose 10 per cent in the second quarter from the previous three months, heaping pressure on the government to come up with
	Hungarian report by Euro Reporter Jobless rate unchanged 10.8%Hungary's average unemployment rate was 10.8% in the 15-74 age groups in May-July 2011, unchanged from 10.8% in April-June and down from 11.0% in May-July 2010, the Central Statistics Office (KS
	Greek report by Euro Reporter When Will Greece Say 'Enough Is Enough'?EU leaders yesterday rounded on the new Head of the IMF calling her comments on Europe 'misguided'. Christine Lagarde's assessment is certainly stark. The former Fren
	Now we know why Brussels is the centre of EU by Thanos Kalamidas I have to admit that it took me a bit but now I understood why the European leadership was so eager for the Belgian Herman Van Rompuy to become the president of the Union. They vision a European future similar to the one Belgium enjoys this min
	German report by Euro Reporter Euro bail-out in doubt as "hysteria" sweeps GermanyMrs Merkel has cancelled a high-profile trip to Russia on September 7, the crucial day when the package goes to the Bundestag and the country's constitutional co
	French report by Thanos Kalamidas Dominique Strauss-Kahn sexual assault case dismissed, appealedA New York judge dropped all criminal sexual assault charges against ex-IMF chief Dominique Strauss-Kahn on Tuesday after prosecutors lost faith in the credibility
	Finnish report by Euro Reporter Rehn rejects option to lead FinlandOlli Rehn, the European Union’s top economic official, has decided not to leave the post and run for president of Finland. He announced on Sunday he did not believe he should leave in t
	Estonian report by Euro Reporter Spirituality in Estonia - the world's 'least religious' countryWhen Estonians were recently asked whether religion played an important part in their life, only 20% said yes. It suggests the Baltic country is, stati
	Eurobonds..: Nein, danke !!! by Christos Mouzeviris At last, with the crisis in Europe and the eurozone reaching a critical turning point, two of Europe's leaders Mr. Sarkozy and Mrs. Merkel decided to do something about it. But why just the two of them took such important decisions? And some l
	Dutch report by Euro Reporter Pirate radio crackdownThe Netherlands has been a hotbed of unlicensed radio activity for decades. Dutch stations like the storied Radio Veronica, which broadcast off-shore from 1960 to 1974, inspired the UK pirate radio scene
	Cypriot report by Euro Reporter Tensions mounting in Cyprus over Oil, gas exploration plansTensions are mounting between the Cyprus and Turkey over the island nation's plans to begin oil and gas exploration in the eastern Mediterranean Sea. Drilling is s
	Belgian report by Euro Reporter Muslim face veil fine paid off by French businessmanRachid Nekkaz, a French businessman, travelled to Brussels to settle the 50 euro fines handed out to teenagers aged 16 and 17. It has been illegal to wear the face veil or
	Let's talk about economic governance Nicolas and Angela by Thanos Kalamidas Deep breathe, one – two – three; another deep breathe. They must be joking, aren’t they? After spending a couple of hours drinking strong German coffee and enjoying croissant with a bit of jam from Normandy Angela Merkel and Nico
	Austrian report by Euro Reporter Growth of Austria s economy remains highThe growth of Austria's economy remained high in the second quarter of 2011. Despite the sombre mood among Austrian businesses due to stock market turbulences, the rise in the GDP cl
	Portuguese report by Euro Reporter Soros suggests Greece, Portugal quit euro-zoneGeorge Soros, the US speculator turned billionaire philanthropist, has suggested both Greece and Portugal quit the European Union and the euro-zone because of their massive debts.
	Spanish report by Euro Reporter Billionaire Spanish Duchess of Alba, 85, gives away fortune to marrySpain’s 18th Duchess of Alba is giving away her personal fortune so she can marry a Spanish civil servant, 25 years her junior. With thousands of acres
	Portuguese report by Euro Reporter Banks' ECB borrowing little changed in JulyPortuguese banks' cumulative borrowing from the European Central Bank was virtually unchanged last month from June, as banks' access to the wholesale interbank funding mar
	Italian report by Euro Reporter Italy approves draft law banning burqa Italy's parliamentary commission has approved a draft law banning women from wearing veils that cover their faces in public. The draft law was sponsored by Souad Sbai, a Moroccan-born
	Irish report by Euro Reporter Ireland set to 'overachieve' on EU-IMF deficit targetsIreland has met or “overachieved” in implementing the terms of the EU-IMF bailout, Minister for Finance Michael Noonan has said in a letter to the two i
	Proviso for the survival of the country the conflict between the socialist government and the Socialist Party (PASOK) by Giorgos Kontogiannis The situation in Greece now is a reminiscent of the situation in the former USSR states immediately after the collapse of the Soviet regime, in 1989.Many states that had just escaped from the "protection" of the e
	The failure of national governments by Newropeans-Magazine The EU is good at crises, is what the past tells us. If that is true, hopefully this eurocrisis triggers a new round of deeper EU integration, or better, eurozone integration. This time, unlike before, the member state governments cannot es
	German report by Euro Reporter Interior minister sees no sign of far-right terrorism in GermanyGermany’s top security official is saying after the deadly attacks in Norway that there are no signs of any far-right terrorist activity in his country. A N
	French report by Euro Reporter Sarkozy approval rating at 11-month high: pollPresident Nicolas Sarkozy's approval rating continued to rebound ahead of a 2012 election, a new poll found on Saturday, vaulting France's centre-right leader to his highes
	Finnish report by Euro Reporter Nuclear power is in last place in the race against climate changeThe fight against climate change is a race against time. If we are to avoid the catastrophic consequences of rising global temperatures then strong and meaningfu
	Too much ...too late by Thanos Kalamidas So that was it, the Euro-zone leadership at last decided that the economic measures in Greece were going to doomed the Greek people without any hope for recovery decided to lighten a bit the rope around their neck and they all sighed in unison bec
	Greek report by Euro Reporter Greece to default as EU agrees €159bn bailoutGreece is set to lead the eurozone's first-ever default as European leaders agreed that the private holders of Greek debt will take a hit of €50bn over three years.
	Estonian report by Euro Reporter Estonian wind farm taps GE for turbinesEstonian wind energy providers this week tapped GE for 18 turbines to outfit what will be one of the biggest wind farms in the Baltic region. The state-owned electric utility Eesti Energi
	Dutch report by Euro Reporter Dutch telecom hikes rates after net neutrality law The Netherlands' largest telecommunications company announced big price hikes for mobile Internet customers on Tuesday, less than a month after Parliament approved one of
	Urgent need for an International Court for Global Financial Crimes by Newropeans-Magazine We have been hit by the financial crisis. This financial and monetary crisis constitutes an imminent breakdown of the system that keeps the real economy running. And this crisis is responsible for the destabilization of whole nations as far as
	Merkel's master plan and europe by Thanos Kalamidas In a way it saddened me reading Professor Paparella’s articles about the European Unity and its foundations or at list the hopes and the dreams for a federal Europe that will include all the European states with common ground not only their
	Cypriot report by Euro Reporter Cyprus leader vows 'thorough' probe of deadly Iran arms blastIn his first public address since the Monday morning blast, which also injured 62 people and damaged hundreds of homes, The Cypriot president, Demetris Chris
	British report by Euro Reporter Politicians’ gun for MurdochAfter holding out for a week, media baron Rupert Murdoch referred a controversial bid to take over British broadcaster BSkyB to the country’s Competition Commission. But his reported pla
	Belgian report by Euro Reporter Economic fundamentals are strongBelgian political parties must first form a government, then reduce debt and balance the budget, the leader of current negotiations Elio di Rupo said Tuesday after setting out proposals to unloc
	Austrian report by Euro Reporter Austria doesn’t see capital surcharge for nation’s top banksAustrian regulators won’t pursue a capital surcharge for the country’s biggest banks as European policymakers are debating how to adapt at the
	Rating agencies of legitimating economic gossip by Thanos Kalamidas For one more time rating agencies are under fire from the European leaders and the European Union, so what? Is like saying capitalism is bad? Fine, we all know it by now but what are we doing by now for that except nagging because that’s wha
	Greece for sale... by Christos Mouzeviris Coming back from my summer holidays in Greece, I felt that I had to write about the situation that the ordinary people of this country are going through; give an inside view and opinion on the events and add to what the media of Europe and the wor
	When EU crisis makes Maggie contemporary by Thanos Kalamidas The last few months the whole Europe has focused into the Greek problem somehow ignoring the reality that has hit them the last few years and unfortunately is going to be in the centre of the talk the next few weeks in the commission. Euro is just
	Spanish report by Euro Reporter Government trails opposition by 14 pointsSpaniards fed up with high unemployment and a sluggish economy would elect the centre-right Popular Party (PP) with a lead of more than 14 percentage points over the governing Socialist
	Portuguese report by Euro Reporter PM proposes new one-off levy on incomePortugal's new centre-right prime minister announced on Thursday an extraordinary tax to be levied on year-end bonuses, showing his determination to fix public finances with a step bey
	Italian report by Euro Reporter Florence requests Mona Lisa's return, Paris says no way Italy has launched a campaign to convince the Louvre Museum in Paris to lend the Mona Lisa painting to Florence's Uffizi Gallery in 2013 to mark the 100th anniver
	Irish report by Euro Reporter Ireland cuts bank bill, economy grows in Q1Ireland's economy rebounded sharply in the first quarter and the government cut its bill for bailing out the financial sector by nearly 2 billion Euros on Thursday after a success
	Hungarian report by Euro Reporter Hungary PM to announce world record state debt cut todayHungary’s Prime Minister, Viktor Orbán, is to make a statement today expectedly at 14:00 CET, the PM’s office said in an email. Orbán told public ra
	German report by Euro Reporter Germany provides loan guarantees to prop up GreeceWolfgang Schauble, finance minister, said Germany was prepared to beef up the European Financial Stability Fund (EFSF) - one of the mechanisms set up last year as a temporary m
	French report by Euro Reporter Sarkozy’s ex-wife sparks frenzy with 2012 'novel'France’s celebrity gossip journalists have been rubbing their hands together in anticipation this week after Nicolas Sarkozy’s former wife opened up ab
	Finnish report by Euro Reporter Finland agrees on government after complex talksFinland's prime minister-designate says six parties have agreed to form a broad coalition government after weeks of complex talks that lingered mainly because of economic iss
	The Greek misery vows by Thanos Kalamidas The Greek prime minister, Georgios Papandreou vows to stay and fight on amid party revolt and reactions in the socialist parliament members; but if Mr. Papandreou thinks that his problem is the party revolt he has lost the point. His problem is in
	Greek report by Euro Reporter Bondholders need to step up in GreeceAs the Greece crisis began to destabilize wider financial markets on Thursday, Canada’s former top central banker added his voice to those advocating a solution involving bondholders
	Cyprus report by Euro Reporter Refugees and migration influxInterior Minister Neoklis Sylikiotis stressed the need for additional action and policies with a view to implement the EU principle of solidarity and fair sharing of responsibility with regard to r
	Greek report by Euro Reporter European Central Bank’s Trichet rebuffs German bailout demandsThe European Central Bank will oppose any deal to address Greece’s debt problems that involves forcing the nation’s lenders to take a loss, ECB Pr
	British report by Euro Reporter Britain deploys top diplomat, helicopters to LibyaBritish Foreign Minister William Hague flew to Benghazi on Saturday to meet rebels fighting to oust Libyan leader Moammar Gadhafi after NATO deployed attack choppers for the first time. Russia
	Belgian report by Euro Reporter Government in CrisisIt's approaching rapidly to the one year mark. That's how long the nation of Belgium has been without a government. Belgium has a geographic and linguistic divide that features a Flemish speaking no
	A political Drachma drama and a Union in pause by Thanos Kalamidas Yesterday the news agency Reuters “accidentally” posted to all the media – including Ovi magazine – and subscribers a picture that shown European exchange including US Dollar, Japanese YEN and Greek Drachma leaving all of u
	Spanish report by Euro Reporter Spain seeks compensation as greater countries ban imports of Spanish produceAs the number of fatal victims of the E.coli outbreak in Germany rises to 13 and greater countries block the import of Spanish products, Spanish fruit
	European dignity ratings by Thanos Kalamidas The rating agency Moody’s followed by European Union’s officials including the Luxembourg Prime Minister and head of the eurogroup, Jean-Claude Juncker and the president of the European council Herman Van Rompuy have warned in differen
	Slovakian report by Euro Reporter Another wall separating Roma from non-Roma plannedYet another wall is evidently being planned in Slovakia to separate the Roma community from other nearby residents. The town of Vrútky in the north of the country wants to
	Spanish report by Euro Reporter Spain protesters defy ban to remain in Madrid squareTens of thousands of Spanish protesters have defied a government ban and camped out overnight in a square in the capital, Madrid. The protesters are angry with the government
	When Dominique accidentally raped Europe by Thanos Kalamidas There is one thing with my compatriots that I definitely admire and it is their humour; and even under the worst circumstances they can exhibit the most hilarious self-sarcasm. So the last few days the joke that circulates the streets of Athens is
	Italian report by Euro Reporter Italy's 'Super Mario' anointed as ECB headMario Draghi, who on Monday was anointed to head the European Central Bank come October, is known in Italy as "Super Mario", and has stature abroad and respect at
	German report by Euro Reporter German economy minister rejects Greece exit from euroGermany's economy minister rejected on Sunday speculation that Greece should abandon the euro zone and return to the drachma, arguing that this would only weaken Europe
	French report by Euro Reporter President Sarkozy shifts into re-election modeFrench President Nicolas Sarkozy put his re-election campaign machine into motion this week, strongly hinting at his candidacy during an interview with a French weekly that was pub
	Portuguese report by Euro Reporter Respite in the markets for Portugal after €78bn bailoutMarket pressure eased on Portugal yesterday as details began to emerge about the country's €78bn (£70bn) bailout deal hammered out with the European U
	Romanian report by Euro Reporter European fund absorption in Romania could increase by involving commercial banks The absorption of European funds in Romania could be improved by improving access procedures and by boosting the participation of private commerc
	German report by Euro Reporter Big inflow of migrant workersGermany could see a net inflow of almost 800,000 migrant workers from central and Eastern Europe over the next two years, following the opening of its borders to free labour movement in the Europea
	Estonian report by Euro Reporter Nation's financial position improved in 2010Estonian companies, households and the government all found better financial footing in 2010, paying off debts and increasing assets, according to analysis by the Bank of Estonia
	Finnish report by Euro Reporter Frustrated FinlandSolutions to the eurozone’s sovereign debt and banking crisis were proving elusive, to put it mildly, even before Sunday’s general election in Finland. But the task facing Europe’s leaders h
	Italian report by Euro Reporter Historic race off UN list Italy's Tourism Minister has blocked the centuries-old Palio horse race from being nominated for World Heritage status over concerns about animal cruelty, angering local politicians and residents
	Dutch report by Euro Reporter Dutch shooter had already been in trouble over weaponsThousands of people, many carrying candles, gathered late Sunday to pay their respects to the victims of the shooting spree in the Dutch town of Alphen aan de Rijn a day ea
	German report by Euro Reporter Nuclear tensions eruptTensions within Germany’s centre-right coalition government have burst into the open in Berlin, with leading members of the ruling parties competing in calls for ever more drastic moves to abandon n
	Europe's sad rowdyisms by Thanos Kalamidas While the European Council President Herman Van Rompuy proudly announced that, "We decided a comprehensive package of economic measures... Today almost all the strands of this enterprise have come together," the truth is that the summit
	Spanish report by Euro Reporter RBS jettisons Spanish assets and loans at a lossTaxpayer-controlled Royal Bank of Scotland sold off a large chunk of its most risky Spanish property loans and assets at a significant loss. The bank said the loans and propertie
	Dutch report by Euro Reporter Dutch woman, 63, gives birth: New country recordA 63-year-old Dutch woman gave birth to a daughter on Monday, becoming the oldest-ever new mother in the Netherlands, the hospital and news reports said. "Baby Meagan was bo
	French report by Euro Reporter French voters slam Sarkozy in local ballotingFrench voters slammed President Nicolas Sarkozy in the first round of local elections on Sunday, as the ruling UMP party fell well behind the opposition Socialists and close to the
	Greek report by Euro Reporter Greece should be given time to sort out its finances before talk of any debt restructuringGreece should be given time to sort out its finances before talk of any debt restructuring, which would have serious consequences, Peter
	German report by Euro Reporter Germany's Merkel hit by EU compromise, nuclear powerThe radiation threat from damaged Japanese nuclear power plants after a devastating earthquake has added to Chancellor Angela Merkel's domestic troubles ahead of thre
	Irish report by Euro Reporter 17 Things you didn't know about St Patrick's DaySaint Patrick's Day is the most international of national days, celebrated from Boston to Buenos Aires and from Singapore to Seoul. What those cities also tend to sha
	Vers une souverainete de la zone Euro by Newropeans-Magazine "Les modèles classiques 'état fédéral' ou 'fédération d'états' ne valent plus rien – il faut une nouvell
	Swedish report by Euro Reporter Text messages to replace stamps in SwedenThe Swedish postal service plans to give customers' tongues a rest by allowing them to pay their postage via mobile phone text message instead of stamps. A similar system is set for
	Danish report by Euro Reporter Rasmussen seeks more voice in EU debateDanish Prime Minister Lars Lokke Rasmussen said Denmark would have more clout in EU affairs if it adopted the euro. Denmark will assume the EU presidency in January 2012, a rotating respo
	A Union without identity, act I in Helsinki by Thanos Kalamidas The leaders of the European People’s party – too fancy name for the European conservatives – are gathering in Helsinki the last hours for a meeting before the critical for the Union meetings in Brussels for the economic future of
	Belgium report by Euro Reporter Belgium’s debt is great unifier as government talks drag onThere are 342 billion reasons why Belgium won’t break apart. That figure is the size of the national debt in Euros: 31,560 Euros ($43,560) for every Belgia
	French report by Euro Reporter Greenpeace warns on France-SA nuclear dealsInternational environmental activism group Greenpeace yesterday warned that President Jacob Zuma should not "fall into a dangerous trap" by signing deals with the Fren
	Irish report by Euro Reporter Enda Kenny looks to new start for Ireland after Fine Gael election surgeThe centre-right party swept to victory in Friday’s election following voter anger at the nation’s financial meltdown. It is now under pressur
	Bazaar "L'Europe"...!!! by Christos Mouzeviris I read many euro-sceptics shouting and demanding that Europe and EU does not proceed into a political union,and nation states do not lose their autonomy and "freedom"..To me that is interpreted as "no-Europarliament"..No gov
	Spanish report by Euro Reporter Spain creates Food Security Cofinancing Facility Trust Fund Spain has established a new €300 million fund targeting rural poverty and food security, the country's Foreign Affairs Minister announced today on the occas
	But seriously Europe by Thanos Kalamidas The last few weeks all of us heard or read one way or another the latest achievements of the one and only Silvio and we might smiled with the Italian clown but we all felt the same time the seriousness behind the accusations.
	Romanian report by Euro Reporter Romanian students are given guide saying that gift giving to teachers could be corruptA new anti-corruption campaign is being launched in Romania, this one aimed at students who give gifts to their teachers. A civic group and
	Portuguese report by Euro Reporter Portugal gets cheaper money as debt crisis easesFinancially troubled Portugal raised euro1.255 billion in a Treasury bill sale Wednesday and its borrowing costs fell as tension over Europe's debt woes continued to ebb. Por
	Italian report by Euro Reporter Silvio Berlusconi 'has made Italians a laughing stock' "Our young people abroad are called 'bunga bunga' Italians and that is not a flattering definition," the Famiglia Cristiana (Christian Family) ma
	Irish report by Euro Reporter Irish opposition pParties call for February election Ireland's two main opposition parties Monday called on the Fianna Fail-led minority government to fast-track legislation for the country's international bailout and
	Greek report by Euro Reporter Greece pledges to enforce disputed smoking banGreece has pledged to enforce a smoking ban enacted last year, the latest after decades of failed effort, which continues to be widely flouted in Europe's most nicotine-addicte
	German report by Euro Reporter Euro Group leader exhorts Germany to expand rescue fundThe influential head of the Euro Group of 17 countries that have adopted Europe's common currency is warning that Germany must move to expand the money available in th
	Finnish report by Euro Reporter Finland not ratifying indigenous peoples ConventionFinland will not ratify the UN convention upholding the rights of its indigenous Sámi population in this government’s term, reports media group Alma Media. The EU h
	French report by Euro Reporter French minister plays defence after controversial remarks on TunisiaWhen French Foreign Minister Michèle Alliot-Marie said last week that France could help Tunisia control the protests against President Zine al-Abidine Be
	Estonian report by Euro Reporter Bigger EU rescue fund possible, not ideal-EstoniaAn expansion of the European Union's bailout fund is still a possibility but is not necessary at the moment, Estonia's finance minister said on Wednesday. European finan
	Dutch report by Euro Reporter Conditions on expanding EU bail-out fundThe Netherlands has stopped its opposition to the expansion of a European emergency fund to bail out countries which get into financial trouble on condition countries get their finances
	Cyprus report by Euro Reporter Cyprus has no imminent plans for borrowingCyprus has no imminent plans to borrow from international markets because it has covered its financing needs for coming months, the Finance Ministry said on Thursday. The island
	Belgian report by Euro Reporter Belgium renews efforts to form a new government Since Belgium's election in June 2010, the parties have failed to form a coalition. A new proposal by Belgium's latest mediator tries to find a compromise for the two dee
	Hungarian report by Euro Reporter Opposition targets Viktor OrbanHungary's opposition struck back at a disputed media law Wednesday, by filing a complaint against a friend of Premier Viktor Orban for what it claims were hateful comments in a recent article
	Estonian report by Euro Reporter Estonia enters euro zone amid nostalgia for kroon It was a moment the Estonian government - one of a line of liberal, pro-Western coalitions that have ruled the country since 1992 - had been awaiting for years. At midnight on
	Finnish report by Euro Reporter Intolerance worries President HalonenIn the President’s annual televised New Year’s speech, Tarja Halonen said that extreme views were on the rise in Finland and abroad, but that intolerance did not solve any probl
	Latvian report by Euro Reporter In briefThe three Latvian helicopter pilots released by Sudanese kidnappers last week have returned home to Latvia, reports LETA. The three Latvian citizens, who were kidnapped in Sudan’s troubled region of Darfur more t
	Greek report by Euro Reporter Moody's may cut Greek credit rating, now on reviewMoody's Investors Service put Greece's sovereign foreign currency credit rating on review for possible downgrade on Thursday, citing uncertainty over the country
	Angry faces in the streets of Europe by Thanos Kalamidas It was Rome, it is Athens. People running in the streets, fires everywhere, policemen, burned cars and shops and a lot of angry faces. Agree faces. More angry faces in Ireland and more angry faces in the streets of London and even more angry faces
	Belgian report by Euro Reporter Belgium grants DRC 14 million Euros for elections Belgium is to give 14 million Euros to DR Congo towards its 2011 general election, according to a statement from the Belgian government made available to the press in Brussels
	Portuguese report by Euro Reporter Does not need international bailout Portuguese Prime Minister Jose Socrates says his country can solve its financial problems by itself and does not need an international bailout. In an interview published Saturday, Mr. Socrat
	German report by Euro Reporter Extension of coal subsidiesGermany has won its battle to ensure that state subsidies to loss-making coal mines can continue until 2018, rather than a 2014 cut-off date proposed last summer. Under a deal formally approved by in
	Spanish report by Euro Reporter Spain sets new austerity measuresSpain summarized new set of austerity measures Friday to bring its massive budget deficit under control and to relieve investor’s concern on international bailout. The Spanish government
	Greek report by Euro Reporter Greek budget revenues pick up in NovemberA Greek official said that lagging budget revenues picked up significantly in November, raising hopes that the debt-ridden country will meet its revenue boosting targets at the end of t
	French report by Euro Reporter Sarkozy calls journalists paedophiles“See you tomorrow, paedophile friends!” was French President Nicolas Sarkozy’s surprising farewell to reporters at a briefing during the Lisbon Nato conference Friday. Sar
	Let's talk about tax, Ireland and European solidarity by Thanos Kalamidas Of course all the Europeans were ready and willing to help Ireland but Ireland had to do something tiny little small thing for them they have to bend over and increase their tax to their only chance for economic recovery. You see when Ireland lowe
	Dutch report by Euro Reporter Tourist sector fears cannabis banThe tourist sector fears that Amsterdam in particular will attract fewer foreign visitors if cabinet plans to exclude them from so-called 'coffee-shops' go ahead. The cabinet wants the
	Austrian report by Euro Reporter Austria approves €20 million for Jewish cemeteries Austria's parliament passed a bill Wednesday to provide €20 million ($27 million) in federal funds to restore Jewish cemeteries over the next two decades. The
	Irish report by Euro Reporter Exactly how safe are your Irish savings?Over the past two years Irish, Dutch, Indian, Turkish and Cypriot banks, among others, have offered far more competitive deals to UK savers than many home-grown banks, particularly on lo
	Romanian report by Euro Reporter Romania: GDP contraction deepens further in Q3On November 12th, the statistics service released the preliminary flash estimate of GDP in Q3. According to the flash estimate, GDP on an unadjusted basis declined by 2.5% yoy in Q
	Italian report by Euro Reporter Italy growth slows in third quarterItaly’s economic growth rate slowed to 0.2 percent in the third quarter after expansion of 0.5 percent in the second quarter, the national statistics agency ISTAT said on Friday. The ra
	Bulgarian report by Euro Reporter Standoff in Bulgaria with organized crimeWhen Bulgaria’s burly new prime minister, Boyko Borisov, took office, he pledged to stamp out organized crime. But the man nicknamed Batman is now being tested by a weak judiciary
	Danish report by Euro Reporter Denmark has ranked number one in The Global Entrepreneurship and Development IndexThe high ranking in GEDI is most likely a result of major growth enhancing policy reforms in the late 1980s and the 90s. In 2005, stimulating en
	French report by Euro Reporter
	Hungarian report by Euro Reporter Residents of Hungarian Kolontar village return homeHundreds of residents of the village of Kolontar in Hungary started returning to their homes after being evacuated over the toxic burst at the local aluminium production plant
	Romanian report by Euro Reporter Humour tempers horror of Romania’s ‘Golden Age’At the conclusion of writer/director Cristian Mungiu’s five-part opus, Tales from the Golden Age, television images of the Romanian Communist Party in its
	French report by Euro Reporter Court finds 'rogue trader' Kerviel guilty in fraud trialFrench “rogue trader" Jérôme Kerviel, who shocked the finance world by single-handedly losing 4.9 billion Euros at French bank Sociét
	Estonian report by Euro Reporter Estonia has largest wages and pensions in the BalticsEstonia has not only the largest wages in the Baltic countries but also the highest pensions, according to a financial survey of Baltic households by SEB Group economists. I
	Dutch report by Euro Reporter Netherlands edges towards banning burqaTwo centre-right parties have agreed to ban the burqa in the Netherlands as a price for parliamentary support from the anti-Islam Freedom party for their minority government. Liberals lea
	Belgian report by Euro Reporter Bishops address celibacy ruleThree Roman Catholic bishops, reacting to damaging sexual abuse scandals in their ranks, have urged the church to consider easing its celibacy requirement for priests. Bishop Jozef de Kesel of Brug
	Danish report by Euro Reporter Denmark's FSP, Lærernes team up on residential developmentDanish pension funds FSP Pension and Lærernes Pension have teamed up to invest nearly DKK400m (€53.7m) in a new residential property development in
	Romanian report by Euro Reporter Austerity Protests Sweep RomaniaAntigovernment demonstrations broke out across Romania on Wednesday as medical workers, taxi drivers and civil servants protested cuts in salaries, bonuses and jobs. Authorities fired tear gas a
	American poverty that reflects the European reality by Thanos Kalamidas Reading in the news that one in seven Americans was living in poverty for the year 2009 according the US Census Bureau I felt my spine shivering and naturally my mind returned to Europe and especially to Greece. But this moment it’s not only
	Spanish report by Euro Reporter Miners stage an underground sit-in In stark contrast to the plight of the trapped miners in Chile, a group in Spain have deliberately chosen to stay underground. The men are two weeks into a strike to demand wages they say the
	Dutch report by Euro Reporter Feiz Muhammad, Muslim Cleric: ‘Behead Geert Wilders’ A radical Muslim Cleric, Feiz Muhammad has called for Geert Wilders to be beheaded for comments he made in an interview about Islam. Wilders only learned of the
	Gaddafi's new rascality by Thanos Kalamidas The Libyan leader Col Muammar Gaddafi has an amazing way always to attract Europe’s anger and doubts and I have to admit that for me he’s a very controversial persona worth a psychiatric study and I’m not saying that trying to be
	Spanish report by Euro Reporter No Spanish air traffic strike in AugustPassenger fears over a potential strike by Spanish air traffic controllers have been –temporarily – allayed following an announcement by unions. Spanish air traffic controller
	Cyprus report by Euro Reporter Angry residents call for end to exercises Tempers flared at the National Guard’s (NG) Kalo Chorio firing range in Larnaca yesterday, after dozens of nearby residents demanded an end to military exercises until after the
	Czech report by Euro Reporter Anti-smoking legislationRestaurateurs bar owners and anti-tobacco groups have slammed new anti-smoking legislation, saying it merely legitimizes and enforces existing practices. The new law, which will come into effect July 1,
	Italian Report by Euro Reporter Portraits of Apostles discovered in catacombs of St TheclaThe niche of the Apostles, at the site known as Ponticello di San Paolo, first revealed St Paul a year ago. Now he has been joined by Peter, Andrew and John. The fourth
	Hungarian report by Euro Reporter MSZP could drop candidateIn February the Budapest the Socialists appeared to have already chosen their Budapest mayoral candidate for the local government elections in autumn: Csaba Horváth was then the party’s choi
	Swedish report by Euro Reporter Sweden backs whale hunt planMinister for the Environment Andreas Carlgren has joined forces with Denmark in seeking a compromise that would allow the world's foremost whaling nations Japan, Norway and Iceland to conduct le
	Belgian report by Euro Reporter DeadlockBelgium has a fresh crisis on its hands, with Sunday's legislative polls yet again throwing up two distinct and mutually hostile political blocs. The country, which has been mired in political instability caused
	The snake that crawls around Europe by Thanos Kalamidas This is one of those times when proven right makes you so sad. When back in late 1980s very few we were talking about the rebirth of racism, prejudice and hate groups in Europe everybody was laughing pointing out that in most countries for example
	Maltese report by Euro Reporter Labour MP 'acknowledges' corruption under pre-1987 Labour governmentsThe Nationalist Party has called on Labour leader Joseph Muscat to investigate former ministers after shadow minister Chris Cardona last month acknow
	Italian report by Euro Reporter Letta promises “Hard but I hope temporary sacrifices”“The time has come for sacrifices”, accords to Paolo Bonaiuti, who called for a signal of fairness from top earners. Gianni Letta stressed: “Th
	The IMF's shadow by Thanos Kalamidas It looks like the minute the International Monetary Fund put a foot in Greece cannot keep away from Europe and now with a new force warns Spain – they called it concerns - for problems and the time has come for some radical measures to ensur
	The Greek blaming game by Thanos Kalamidas Let’s talk about football! I would love to write that and spend the next hour talking about the Europe league, the last games and my favourite football persona José Mourinho but …but the telephone rings and it is some friends from
	Italian repport by Euro Reporter Silvio and Veronica Discuss AlimonyFor Veronica Lario, yesterday was like the day after an exam, a moment in which to absorb the fact that a long, long chapter of her life was coming to a close. Nineteen years of marriage and
	French report by Euro Reporter French anti-hero tells court that he is ‘no Robin Hood’ at heist trialA French armoured van driver who became an Internet hero when he made off with millions in cash told his trial Tuesday that he was no Robin Hood
	Greek report by Euro Reporter Backlash from parties, unions on the wayMembers of the PAME union, which is affiliated to the Communist Party, are seen yesterday in central Athens through a banner with the word ‘crisis’ in Greek. A 24-hour genera
	Conquered Europe by Dr. Gerry Coulter In 146 B.C. Rome brought Greece to its knees and within half a century Greek culture (especially its philosophy and science), had permanently changed Rome. Hence the quip: “Rome conquered Greece – but Greece conquered Rome”. W
	Estonian report by Euro Reporter More International Meetings? Not Now.The next major international event Estonia will host after the NATO foreign ministers summit last week will most likely be the EU, Latin-American and Caribbean states summit in 2018. Since
	Romanian report by Euro Reporter Romanian prosecutor arrested for corruptionA prosecutor, two lawyers and two police officers were detained on Friday (April 23rd) for corruption. Nelu Carpen, head of the prosecution office in the town of Buftea, is accused of
	Dutch report by Euro Reporter Francis Bacon heirs battle Van Gogh foundation In life, Francis Bacon regarded Van Gogh as a kindred spirit and would constantly pay tribute to the genius of the Dutch master. He quoted his letters as inspiration saying it was
	Italian report by Euro Reporter Mills covered for BerlusconiBritish lawyer David Mills covered for Italian Premier Silvio Berlusconi during two tax-fraud trials in the late 1990s, Italy's highest appeals court said Wednesday. The Cassation Court's co
	Cyprus report by Euro Reporter Turkey still refuses to probe missing issuePresident of the Committee of Relatives of Undeclared Prisoners and Missing Persons, Nicos Theodosiou, said that Turkey still refuses to comply with a ruling of the European Court of
	Portuguese report by Euro Reporter Consumer Price Inflation Edges Up In MarchThe Statistics Portugal announced that the consumer price index or CPI rose 0.5% on an annual basis in March, faster than the 0.2% growth in the previous month. A year ago, the CPI was
	Czech report by Euro Reporter Klaus expresses shock over tragedy that claimed life of Polish president, dozens of othersPresident Václav Klaus has expressed his deepest condolences over the tragic death of Polish President Lech Kaczynski who was kille
	A handicap union and a trebling future by Thanos Kalamidas In an extended survey lately in Norway about possible candidacy of the countr
	Cyprus report by Euro Reporter Government takes a pay cutCabinet members and government officials have voluntarily accepted a cut in their salaries their earnings by 10%, as a gesture to boost the economy of the island, by trimming state spending. The decis
	Slovenian report by Euro Reporter Kresal, Under Fire, Rejects CulpabilityInterior Minister Katarina Kresal has come under fire in the recent months over her alleged role in several high-profile stories. She also faces her second interpellation motion in a year
	Thinking about Europe without the euro? by Newropeans-Magazine When Iceland went bankrupt, this was positive news for Europe. European politicians told their citizens that this example shows how essential European integration really is. This would never happen in one of the EU member st
	Ashton's EU diplomacy by Thanos Kalamidas The new EU foreign policy chief, Baroness Catherine Ashton speaking about her plans about the future of the European Union diplomacy in the European Parliament said emphatically that to build a robust new diplomatic service is once in a generation
	Austrian report by Euro Reporter Federal Chancellor Werner Faymann: “Mongolia is important partner”Austria’s Chancellor Werner Faymann declared that Mongolia is an important partner in Asia. The reason for such a statement was the visit of M
	Greek report by Euro Reporter Obama Invites PapandreouThe financial crisis and the way Greece is tackling its debt, the US-Greece bilateral relations, the Greco-Turkish relations, Cyprus, the issue of the FYROM name along with energy issues and the situati
	The Euro-tragedy by Thanos Kalamidas And the talk about the Greek economy continues but it seems that nobody cares to listen the Greek prime minister or the Greek citizens, something that makes you wander what really is going on with the Euro and the European economy in general.
	We Europeans are all 'PIIGS' ...and Anglo-Saxons are 'Usuk' by Newropeans-Magazine In the past few months, a “new” acronym has been increasingly blossoming in the Anglo-Saxon press: “PIIGS”
	Irish report by Euro Reporter Government wins motion of confidence in Minister O'DeaThe Government has this evening won a motion of confidence in Minister for Defence Willie O’Dea by 80 votes in favour and 69 against. The decision to hold the mot
	Greek report by Euro Reporter PM talks tough but EU may offer helpPM George Papandreou committed his government to taking any measures necessary to fix Greece’s public finances, after being buoyed by the support he received from French President Nico
	Shopping with Euro in UK by Thanos Kalamidas One of the places I visited these last few weeks I was away it was London and the first thing that impressed me after nearly eight years I hadn’t been in the capital of the United Kingdom was …how cheap everything is. A few hours later