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You search by tag - Euro-zone

 
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 Greece's failure, Europe's shame! Greece's failure, Europe's shame! by Christos Mouzeviris
After 5 years being in the media spotlight for its economic woes, the Greek drama reached finally-or hopefully- its crescendo. Lat week on early Thursday hours, the Greek Parliament approved the new bitter austerity measur
 Childishly ranting numbers and dark agesChildishly ranting numbers and dark ages by Thanos Kalamidas
 Greeks say 'NO' to an open laboratory for violation of human rightsGreeks say 'NO' to an open laboratory for violation of human rights by Ovi Magazine Guest
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 Referendum against the Europe of the united banks and corporations Referendum against the Europe of the united banks and corporations by Thanos Kalamidas
 Luxembourgian blow to pan-EU citizenship voting rights. Luxembourgian blow to pan-EU citizenship voting rights. by Christos Mouzeviris
On June the 7th, another referendum took place in Europe; this time in the small state of Luxembourg.Just like the recent Irish referendum on same sex marriage, the Luxembourgian vote could influence the continent\'s future
 The truth nobody wants to hear about a GrexitThe truth nobody wants to hear about a Grexit by Thanos Kalamidas
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Estonian Holocaust exhibit ‘outrageous and disgusting example of poor taste’R: What do you think of the exhibition in Tartu, Estonia, opened to mark the 70th anniversary of the libera
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Ratings agency S&P cuts France\'s outlook to negative from stable Ratings agency Standard & Poor\'s (S&P) cut its outlook for France to negative from stable
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 Sorting out inequalities among the European populationSorting out inequalities among the European population by Christos Mouzeviris
During the economic crisis we became more aware to a number of faults in the EU\'s structures and institutions. Europe is not yet an equal continent, but the inequalities do not stop just to the rich and industrialized \"North\" and the poor un
 Lithuanian reportLithuanian report by Euro Reporter
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No Plan B for Greece Says Stournaras Greek Finance Minister Yannis Stournaras, who is placing all his bets on austerity and hopes for growth to offset a crushing economi
 German reportGerman report by Euro Reporter
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Change privacy policy or face fines Google has found itself in hot water in France. The country’s data protection watchdog has told the internet
 Finnish reportFinnish report by Euro Reporter
Finland says Russia invaded its airspace The Finnish Defence Ministry said in a statement released Wednesday two Russian military aircraft crossed into Finland\'s airspace. The ministry said the in
 Dutch reportDutch report by Euro Reporter
Netherlands school shooting threat: police arrest suspect in Leiden Dutch police say they have arrested a suspect in an online threat to shoot a teacher and students that prompted authorities to close all the high schools i
 Danish reportDanish report by Euro Reporter
 Czech reportCzech report by Euro Reporter
 Cypriot reportCypriot report by Euro Reporter
Cyprus Bailout Revisited A couple months ago Cyprus sent a quake through the world financial system. What has Cyprus done for us lately?
 A Celtic Tiger for some, but a kitten for most?A Celtic Tiger for some, but a kitten for most? by Christos Mouzeviris
Ireland is in recent years engulfed by the crisis in the euro-zone that affects many other European countries. The country went from being one of the shining examples in the EU, to receiving an EU/IMF bail-out loan to avoid bankruptcy.
 Belgian reportBelgian report by Euro Reporter
Anger as Belgium plans to introduce motorway tax charge Dutch motorists\' organisation ANWB is up in arms about plans by Belgium to
 Austrian reportAustrian report by Euro Reporter
Austria challenges Germany\'s new pension tax ruling A change to German tax law will require around 150,000 Austrians currently in receipt of a German
 The partnership is dead in CyprusThe partnership is dead in Cyprus by Thanos Kalamidas
So let me see. Britain has a common currency, the pound. but for some reason Oxfordshire is not doing so well with economics so the central bank in London decides to isolate Oxfordshire and doomed the locals. And that’s a solution. Nothin
 Portuguese reportPortuguese report by Euro Reporter
Portugal opposition chief demands renegotiation of bailoutPortugal should renegotiate the terms of its international bailout because its program of budget cuts has failed and sent the economy into a slump, the head of the m
 Maltese reportMaltese report by Euro Reporter
Malta’s many joysStanding on a cliff overlooking the near-deserted beach in Ramla Bay on the northern shore of Gozo — the second largest of the islands that make up the Maltese archipelago — the mind easil
 The nightmare in the neighbourhoodThe nightmare in the neighbourhood by Thanos Kalamidas
What do you think when you read, Swaziland? I presume you think of a poor African country with little kids in the streets asking for food and a lot of support from the United Nations. Well you are not far from the truth and the more informed ca
 Italian reportItalian report by Euro Reporter
Cross border action to tackle the mafiaTwo years ago, one of Italy’s most powerful crime groups, the ‘Ndrangheta, found some 40 of its associates put behind bars in the capital of the southern province Reggio Ca
 Irish reportIrish report by Euro Reporter
Austerity raises child poverty rate in Ireland to 19.7%Child poverty rates have increased in five countries which are cutting their budget spending, including Ireland, a study has shown. Rates of
 German reportGerman report by Euro Reporter
'New Wars' Demand New MindsetsGermany's government recently announced plans to do a 180-degree policy shift by deploying armed drones in combat. It argues that remote-controlled killing
 Greek reportGreek report by Euro Reporter
Free food handout ends in one person trampled in GreeceA protesting action that gathered Greek farmers outside the agriculture ministry in Athens on Wednesday ended in one man trampled by the crowd
 French reportFrench report by Euro Reporter
Lights out – France to force shops and offices to go dark overnightShops and offices throughout France will be forced to turn off their lights overnight in a bid to fight light pollution, the
 Finn reportFinn report by Euro Reporter
New bioeconomy initiative in Finland to support SMEsThe bioeconomy is growing at an unprecedented rate, and the demand for new services and more efficient tools to boost business in this industry is
 Estonian reportEstonian report by Euro Reporter
Leader’s Twitter feud to become operaA Twitter feud in June between the Estonian president and New York Times columnist Paul Krugman who questioned the impact of Estonia's austerity measur
 Dutch reportDutch report by Euro Reporter
New marijuana ban for foreigners sees change after intense lobbyingOn a wet winter afternoon, the place was empty. The palm-tree murals went un-admired, the elaborate smoke-extraction system was tur
 Danish reportDanish report by Euro Reporter
Denmark aims to end carbon-based energy If Europe is being strangled by its social welfare systems, as many in the United States believe, what is to be made of Denmark? Denmark is a social welfare s
 Cypriot reportCypriot report by Euro Reporter
Banking reforms urgedCyprus will have to take steps to tackle money laundering and improve the transparency of its banking sector to secure an international bailout deal that may have to wait until
 Belgian reportBelgian report by Euro Reporter
Doubling of French applying to become Belgian citizens A total of 126 French people submitted applications in 2012 compared to 63 each in 2011 and 2010, according to Georges Dallemagne, the presiden
 Spanish reportSpanish report by Euro Reporter
DNA Tests for Illegal Immigrant ChildrenSpain plans to take DNA samples from illegal immigrant children arriving in the country's North African enclave of Melilla to make sure the adults accompa
 Portuguese reportPortuguese report by Euro Reporter
Tourism key for jobs and exports says President of PortugalThe President of Portugal, Anibal Cavaco Silva, has highlighted the importance of tourism to the country’s jobs and exports on the oc
 Maltese reportMaltese report by Euro Reporter
Government class on EU funds absorptionJust 33.1% of EU funds available to Malta under the 2007-2013 financial frameworks have actually been paid out, MEP Edward Scicluna said Friday morning. The ME
 Luxembourg reportLuxembourg report by Euro Reporter
Luxembourg royals deny contacts with Britain's MI6Luxembourg's royal family on Saturday denied that head of state Grand Duke Henri maintained contacts with Britain's MI6 secret service.
 Italian reportItalian report by Euro Reporter
Centre-left chooses candidate to succeed MontiItaly's centre-left votes on Sunday for a candidate who will become front runner to succeed Mario Monti as prime minister after a general election n
 Head in the sandHead in the sand by Thanos Kalamidas
There is a myth, far from the truth, that when an ostrich feels scared or threaten buries her head in sand. That’s the myth but it seems that the leadership of the European Union tries to prove that is not the ostrich that buries her head in
 Irish reportIrish report by Euro Reporter
Ireland and IMF taking steps to prepare for bailout exit in 2013A number of measures, including access to dedicated credit lines, are to be put in place to ease Ireland’s exit from the bailout
 Hungarian reportHungarian report by Euro Reporter
Hungary’s credit default swaps rise to highest in five weeksHungary’s cost to insure debt with credit-default swaps rose to the highest in five weeks as a dispute between U.S. political
 German reportGerman report by Euro Reporter
German Greens want conservative voters, not allianceGermany's Greens do not want to form a coalition with Chancellor Angela Merkel's conservatives after elections next year, but hope to poac
 French reportFrench report by Euro Reporter
France tells Germany it will slash deficitFrance’s prime minister assured Germany on Thursday that his country is committed to getting its debt under control, amid concerns that the second-lar
 Finnish reportFinnish report by Euro Reporter
Finland's Jewish community denies advising Jews not to wear kippah in publicFinland's Jewish community has strongly denied media reports that one of its security officers had advised Jews in
 Estonian reportEstonian report by Euro Reporter
Estonia becomes a member of UN Human Rights CouncilOn Tuesday, elections for the UN Human Rights Council took place in New York and Estonia was elected to be a member of the council from 2013-2015,
 Dutch reportDutch report by Euro Reporter
Dutch teenagers sentenced in "Facebook murder"Two Dutch teenagers were sentenced to two years in juvenile detention and three years of compulsory therapy on Monday for ordering the death o
 Cypriot reportCypriot report by Euro Reporter
Cyprus official says bailout deal with visiting troika team may take longer than expectedCyprus is unlikely to sign a bailout deal during the upcoming visit by officials from potential creditors, a
 Belgian reportBelgian report by Euro Reporter
Belgian Crown Prince at heart of royal scandalCrown Prince Philippe, 52, had been depicted in a book as less of a man than is needed to become the next king of Belgium. Again. So, in an exceptional
 Austrian reportAustrian report by Euro Reporter
Rat poison terror alertAnti-terror police are investigating whether nine tonnes of rat poison stolen together with an Austrian firm's lorry might be used to make explosives. RDX is not only one
 Spanish reportSpanish report by Euro Reporter
2,000 sheep led through streets of Spain's capitalSpanish shepherds led a flock of more than 2,000 sheep through central Madrid on Sunday in defence of ancient grazing, migration and d
 Portuguese reportPortuguese report by Euro Reporter
In shadow of economic crisis, Portugal sees increase in sex tradePortugal’s NGOs are reporting an increase in the number of women of all ages resorting to prostitution, desperate to make ends
 Maltese reportMaltese report by Euro Reporter
Maltese businesses are being endangeredThe Government’s bad decisions in the energy sector were endangering Maltese businesses and the economy, Labour leader Joseph Muscat said yesterday. The
 Italian reportItalian report by Euro Reporter
Students across Italy protest austerity measuresTens of thousands of school children and students took to the streets of 90 cities across Italy on Friday to protest tax hikes on university fees and
 Irish reportIrish report by Euro Reporter
Irish bank debt deal could help credit ratingMoody’s Investors Services would consider removing the threat of a downgrade to Ireland’s credit rating if the euro zone agreed to ease the d
 German reportGerman report by Euro Reporter
Germany demands more power on bankingGermany is demanding greater power on the board of the eurozone’s new bank supervisor, a politically charged request that further complicates Europe’
 Greek reportGreek report by Euro Reporter
Debt crisisGreece is to put 7,000 police on patrol and ban protests in parts of Athens to minimise the hostile reception for Angela Merkel, the German Chancellor, when she makes her first visit to t
 Belgian reportBelgian report by Euro Reporter
24-hour strike paralyzes Belgium train trafficA 24-hour strike by Belgian rail workers on Wednesday paralyzed train traffic throughout Belgium and the international high-speed service to London and
 Austrian reportAustrian report by Euro Reporter
Austrian banks gain after hitting targetsAustria’s biggest lenders were in demand this week after beating key capital targets set out by the European Banking Authority. The Austrian central ba
 Spanish reportSpanish report by Euro Reporter
Spain ready for bailout but Germany hesitates Spain is ready to request a euro zone bailout for its public finances as early as next weekend but Germany has signalled that it should hold off, Europe
 Slovakian reportSlovakian report by Euro Reporter
Euro zone won't last in current form, will be smallerThe euro zone will not survive in its current form and one or possibly two countries will be forced to leave the currency bloc because they w
 Luxembourg reportLuxembourg report by Euro Reporter
Fitch Ratings has affirmed Luxembourg's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'AAA'. The Outlooks on the IDRs are Stable. Fitch has simultaneously affirme
 Maltese reportMaltese report by Euro Reporter
Fitch affirms Malta at ‘A+’; Fitch Ratings has affirmed Malta’s long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘A+’. The outlooks are stable. Fit
 Portuguese reportPortuguese report by Euro Reporter
Portugal's Tax Blunder The talk out of Portugal this week is that Prime Minister Pedro Passos Coelho has committed a serious political blunder in backing down on his proposed social-security ref
 Italian reportItalian report by Euro Reporter
CEO to meet PM Monti about Fiat plans on Sept. 22Fiat boss Sergio Marchionne said he will not close car factories in Italy despite a plunging domestic market, responding to calls from unions and pol
 Irish reportIrish report by Euro Reporter
Price right for Ireland to step up market returnIreland's debt chief said last week that its return to markets ahead of schedule means it can be choosy about future issuance but the price looks
 Greek reportGreek report by Euro Reporter
Greece needs two-year extension on fiscal pledgesGreece needs a two-year extension from its international creditors to meet fiscal pledges, and a liquidity boost from the European Central Bank, said
 German reportGerman report by Euro Reporter
Engagement in Europe key for German economyGermany's Finance Minister Wolfgang Schaeuble told the country's parliament Tuesday that German economic growth is impacted by the cooling economie
 French reportFrench report by Euro Reporter
France's Hollande Outlines Austerity Goals French President François Hollande on Sunday sought to brace the nation for its toughest budgetary effort of the past six decades, as he outlined
 Finnish reportFinnish report by Euro Reporter
Finland's Outokumpu to cut 100 jobs in general stainless unitFinnish stainless steel maker Outokumpu said it would cut around 100 jobs in its general stainless unit to save costs. Outokumpu said
 Estonian reportEstonian report by Euro Reporter
Estonia Reprograms First Graders as Web CodersPublic schools in Estonia will soon have a curriculum for teaching web and mobile application development to students as early as first grade. According
 Dutch reportDutch report by Euro Reporter
Netherlands could do more to combat briberyWhile the number of prosecutions in foreign bribery cases is on the rise worldwide, the Netherlands has been only “moderately” successful in br
 Cypriot reportCypriot report by Euro Reporter
Debt to be sustainable after bank aidCypriot finance minister Vassos Shiarly said rescue funds Cypriot banks will receive for their recapitalization are unlikely to make the government’s debt
 Belgian reportBelgian report by Euro Reporter
Belgium shuts down nuclear power plantBelgium has temporarily shut down one of its seven nuclear power plants after the country’s atomic energy regulator discovered “several anomalies
 Austrian reportAustrian report by Euro Reporter
Volksbanken triples H1 pre-tax profitPartly nationalised Austrian lender Volksbanken AG tripled first-half profit before tax to 49 million Euros ($61.2 million) as it tries to shrink back to health.
 Spanish reportSpanish report by Euro Reporter
Spain's Bad Summer And the bleeding in Spain continues. The Spanish economy shrank 1.3% in the second quarter compared to a year earlier. Deposits totalling €74 billion left Spanish banks
 Portuguese reportPortuguese report by Euro Reporter
Shock at Portugal beach drowningsA five-year-old girl and her grandfather who drowned off a Portuguese beach after they were swept into the sea have been described as part of a happy and loving fami
 Italian reportItalian report by Euro Reporter
Italy makes financial progress compared to last yearItaly’s financial situation has made progress compared with last year; the premier said Sunday, believing the country will eventually emerge
 Irish reportIrish report by Euro Reporter
Kenny addresses commemorationThe economic challenges facing Ireland are as great today as they were in the time of Michael Collins, Taoiseach Enda Kenny has told the annual Béal na mBláth
 Greek reportGreek report by Euro Reporter
Merkel Mulls Easing Greece Bailout TermsChancellor Angela Merkel is considering easing Greece’s bailout terms, fanning tensions with members of her coalition who oppose giving the Greek govern
 German reportGerman report by Euro Reporter
Germany's Merkel says committed to maintain EuroGerman Chancellor Angela Merkel said Thursday her country is committed to do what it can to maintain the euro and that European Central Bank Presi
 French reportFrench report by Euro Reporter
Riots add to economic woes facing France's HollandeA massive police presence restored calm overnight on Wednesday to the French city of Amiens, where arson and gun attacks on police have added l
 Finnish reportFinnish report by Euro Reporter
Pleased with Moody's confirmationFinland's finance ministry said Tuesday that it was "very pleased" with the confirmation of the country's AAA rating by Moody's Investors S
 Estonian reportEstonian report by Euro Reporter
Estonians vote for wind and biomass over nuclearWind power and biomass have come top of a poll in Estonia to find the public’s first choice of energy sources. The survey carried out by the Est
 Dutch reportDutch report by Euro Reporter
The Netherlands faces the politics of austerityThe Dutch have long been one of the eurozone's and the EU's most reliable members. Since the introduction of the euro in 2000, the country has
 Cypriot reportCypriot report by Euro Reporter
Nicosia and Limassol home price falls acceleratingProperty prices for buyers may be down but so are rents on apartments, warehouses and offices, the latest figures show. The latest index from the Ro
 Austrian reportAustrian report by Euro Reporter
Controversy as Austria plans to deport 1,000 NigeriansA controversial agreement between the Federal Government of Nigeria and the Austrian government, allegedly signed last week, to deport 1,000 Nig
 Spanish reportSpanish report by Euro Reporter
 Portuguese reportPortuguese report by Euro Reporter
Portugal’s borrowing costs drop at 2 billion-euro bill salePortugal sold 1.25 billion euros ($1.5 billion) of 12-month bills as borrowing costs fell to the lowest since 2010 and below the rate
 Maltese reportMaltese report by Euro Reporter
Transport Malta calls on Labour Party to remove 'dangerous' billboardsTransport Malta has filed a judicial protest calling on the Labour Party to remove billboards which it
 Italian reportItalian report by Euro Reporter
Italy shakes off downgrade, but fears mountItaly dodged a potentially unlucky Friday the 13th, easily selling a batch of new three-year bonds in a closely-watched auction that came just hours after
 Irish reportIrish report by Euro Reporter
Ireland to unveil stimulus packageDublin is to unveil a multibillion euro stimulus package later this month in an effort to kickstart its flagging economy and curb unemployment as it presses the eur
 The Finnish legitimacy and the global ethicThe Finnish legitimacy and the global ethic by Thanos Kalamidas
The Finnish Finance Minister Jutta Urpilainen for one more time is rolling her sleeves and getting ready for collateral negotiations, this time with Madrid all in the name of the Finnish people and the European unity. and Jutta is just the obvious
 Greek reportGreek report by Euro Reporter
Next task: raise €15 billion in privatizationsGreece collected less than €1 billion Euros ($1.2 billion) in revenues from privatizations over the last three years. The new Greek governme
 German reportGerman report by Euro Reporter
German finance minister asks high court not to delay Euro measuresThe German finance minister, Wolfgang Schäuble, warned on Tuesday of severe consequences for the euro currency union if his cou
 French reportFrench report by Euro Reporter
Uproar in France over tapes of terrorism suspectFrench authorities are investigating how recorded conversations between police and a young man accused of a terrorist rampage earlier this year were l
 Finnish reportFinnish report by Euro Reporter
Finland refuses to pay for other countries' debtFinland has no intention of footing the bill to cover the debt of other countries in the eurozone, Finnish Finance Minister Jutta Urpilainen said
 To have the Euro-cake and not pay it tooTo have the Euro-cake and not pay it too by Thanos Kalamidas
The European leadership met in Brussels and they decided that they have to decide; period! The American president Barack Obama has lately often shown his disappointment to his fellow European leaders regarding their lack of drastic decisions and P
 Estonian reportEstonian report by Euro Reporter
Estonia Concerned by NATO Spending CutsEstonia is worried over defence spending cuts by NATO member states, President Toomas Hendrik Ilves said on Wednesday. “Allied spending, required to main
 No solution for Europe without reaffirming the Lisbon Strategy No solution for Europe without reaffirming the Lisbon Strategy by Dr. Anis H. Bajrektarevic
 The second Greek elections, June the 17th, 2012The second Greek elections, June the 17th, 2012 by Christos Mouzeviris
It just happened this year for me to be in Greece during the last three weeks before the elections; for some, they were the most important and critical elections of the country's recent history. The importance of the elections, gave them a ref
 The new Greek governmentThe new Greek government by Thanos Kalamidas
Checking the names of the new Greek government I realized that this government will have the shortest period of grace in the Greek history perhaps the European history. And the feeling was very strong since while checking the names and their short
 Euro-reportEuro-report by Euro Reporter
Market relief fades at Greek election resultsReaction to the Greek elections in financial markets followed a familiar, disconcerting pattern on Monday as early relief gave way to renewed anxiety abo
 Strike if you will, but hear firstStrike if you will, but hear first by Thanos Kalamidas
A month ago and while the Greek people were literally heading to vote I wrote an editorial in Greek reminding my compatriots what has happened the last thirty years and what should be in front of them. This time and while for one more time with ju
 The road to hell is paved with euro intentionsThe road to hell is paved with euro intentions by Thanos Kalamidas
Crying wolf is the most often used story with an educational end for centuries, but I’m afraid the last couple of years the domino effect is the contemporary European wolf with the very bad end. And just like with the little shepherd everybo
 Belgian reportBelgian report by Euro Reporter
Spanish Rescue Could Weigh on Belgian Debt - ReportBelgian Finance Minister Steven Vanackere said Monday the rescue of Spanish banks could add to Belgium's indebtedness if it wasn't carried
 Austrian reportAustrian report by Euro Reporter
Austrian defence minister says military to use unarmed surveillance dronesAustria’s defence minister says his country plans to buy surveillance drones for use at home and abroad. Defence Minis
 Spanish reportSpanish report by Euro Reporter
Spanish leader gives up no-bank bailout mantraSpain's Prime Minister appeared Thursday to have abandoned his insistence that the country's troubled banking sector will not need an external b
 German laundering a bailoutGerman laundering a bailout by Thanos Kalamidas
Spain has rejected plans for an EU and IMF bailout for one more time the last few hours and I’m sure they are going to do it many more times for the next few days. A déjà vu for me coming from tow years back when the Greek prime mi
 Portuguese reportPortuguese report by Euro Reporter
Portugal’s asset sales draw foreign bids, boutique firmsThe factors forcing Portugal to seek a bailout in 2011 have triggered a wave of mergers, acquisitions and government disposals in the co
 The new EU Fiscal Treaty referendum in Ireland. May the 31st, 2012The new EU Fiscal Treaty referendum in Ireland. May the 31st, 2012 by Christos Mouzeviris
In exactly 2 days the Irish electorate will be called to vote on yet another EU Treaty Referendum. This time on the EU's Fiscal Treaty, or the "Stability Treaty" as the Irish Government has put it in its campaign. Ireland's co
 Italian reportItalian report by Euro Reporter
Red Brigades calls for renewed violenceA letter purporting to be from Italy's radical left-wing Red Brigades called on Friday for new attacks against politicians, bankers and reporters, just day
 Greek reportGreek report by Euro Reporter
Anti-bailout party extends lead in GreeceA left-wing party that opposes Greece's international bailout agreements has extended its lead ahead of next month's election, according to a new pol
 Who's playing chicken?Who's playing chicken? by Thanos Kalamidas
The last few days I read an article about the situation in Europe nowadays and how things are going between Merkel, Hollande and the new Greek political reality and the whole thing was described as playing chicken in many levels and deferent table
 Irish reportIrish report by Euro Reporter
Fostering people Ireland announces recruitment eventsFostering People Ireland, the non-statutory Dublin-based fostering agency, has announced two upcoming events aimed at recruiting more carers to h
 Greek reportGreek report by Euro Reporter
Greece’s Tsipras appeals to German taxpayers for help in crisisGreece’s Syriza party leader Alexis Tsipras appealed to German taxpayers to help Greece grapple with economic and fiscal cr
 German reportGerman report by Euro Reporter
Metal workers’ 4.3% pay settlement seen setting Benchmark A 4.3 percent pay increase for German metal workers doesn’t pose an inflation threat even as it sets a precedent for other industr
 French reportFrench report by Euro Reporter
Hollande to make Eurobond proposals at EU summitFrench President Francois Hollande said on Saturday he would make proposals for eurobonds at an upcoming European summit as he outlines his ideas to s
 Estonian reportEstonian report by Euro Reporter
Not to retroactively cut green subsidiesThe Estonian government has vowed that it will not look to lower subsidies to renewable-energy producers retroactively, during a question-and-answer session i
 Dutch reportDutch report by Euro Reporter
Foreign minister endorses talk of Alberta oilsands discrimination by EUThe Netherlands foreign minister says he favours an evidence-based discussion on whether Alberta's oilsands are being discr
 Danish reportDanish report by Euro Reporter
Ex-minister equates gays with ‘killer snails’ to oppose equal marriage rightsA former Danish government minister as equated gays with the hermaphrodite ‘killer snails’ plague
 In the name of democracy please be democraticIn the name of democracy please be democratic by Thanos Kalamidas
Greece is set for new elections and somehow I have the feeling that in these elections is not only Greece that tests democracy but the whole Europe and in a strange déjà vu – especially regarding the European aspect of the Greek el
 Cypriot reportCypriot report by Euro Reporter
Cyprus president Christofias says he won’t run for second term, cites stalled peace talksCyprus President Dimitris Christofias says he will not seek re-election for a second term because there
 Belgian reportBelgian report by Euro Reporter
Waterloo battle site gets a faceliftAlmost 200 years after the French cavalry charge at Waterloo, bulldozers rolled into action Wednesday to spruce up the memorial site of the battle that humbled Na
 French reportFrench report by Euro Reporter
Sarkozy set for defeat by socialistFrance holds its presidential runoff election Sunday, with Socialist challenger Francois Hollande expected to defeat incumbent Nicolas Sarkozy. The latest opinion
 Spanish reportSpanish report by Euro Reporter
Spain meets bond auction target as French borrowing costs fallSpanish bonds gained after the Treasury met its target at a debt sale, while French costs declined at an auction, easing concern that th
 Portuguese reportPortuguese report by Euro Reporter
We tried stimulus and it didn’t workDefending austerity is not getting any easier for Europe’s politicians. And Vitor Gaspar, Portugal’s finance minister has it harder than others.
 Luxembourg reportLuxembourg report by Euro Reporter
Posh restaurants and free clubbing in the party cityLuxembourg City may not be an obvious weekend break destination, but with free entry to clubs and an all-night party bus, it's letting its hai
 Italian reportItalian report by Euro Reporter
Deficit goals in line with EU rules-documentItaly's revised growth and budget targets are consistent with a balanced budget in the medium term and creating a "sizable" primary surplus to cut the country's mas
 Irish reportIrish report by Euro Reporter
Banks still a worry as troika review startsIreland faces its sixth review under its bailout program as the euro-zone’s best hope for a successful return to the international bond markets following a bailout. As yields on
 Greek reportGreek report by Euro Reporter
Elections in May will not solve the country’s many crises nor heal disunityLike most Greek tragedies, the current political and economic crisis playing out in Greece today is not likely to have a happy ending. On Wednesd
 German reportGerman report by Euro Reporter
New path to bridge culturesOver the last 35 years, Michael Kahn-Ackermann has witnessed the remarkable changes and strong economic resurgence of China. Now Kahn-Ackermann, has stepped away from a long and illustrious career as
 French reportFrench report by Euro Reporter
Second-chance schools give hope to unemployedWhen he ran for the French presidency in 2007, Nicolas Sarkozy pledged to open more "second-chance schools" for young people without qualifications. "I came back beca
 Finnish reportFinnish report by Euro Reporter
Finland to raise VAT but opts for modest budget cutsFinland, seeking to retain its triple-A credit rating, will raise VAT in 2013 but has opted for modest budget cuts in the next few years after the government bowed to pressure from left-leani
 Dutch reportDutch report by Euro Reporter
Dutch Cabinet crisis resolved, central bank president urges haste on new austerity packageThe Dutch Cabinet returned to negotiations Thursday on new spending cuts to bring the budget deficit within European guidelines, a day a
 Cypriot reportCypriot report by Euro Reporter
Partition no option for CyprusGreek Prime Minister Loukas Papademos stated that partition is no option for Cyprus, reiterating that a solution must be in line with UN decisions and provide for a bizonal bicommunal federation w
 Belgian reportBelgian report by Euro Reporter
Five Sisters latest additions bearing up nicely Three circus bears rescued from homelessness in Belgium are ‘bearing up’ nicely as they settle in to their new home at the Five Sisters Zoo. Carmen, Suzy and Peggy ar
 Austrian reportAustrian report by Euro Reporter
Austria rejects bank bonds backed by rescued Euro membersThe Austrian Central Bank will join Germany’s Bundesbank in rejecting as collateral bank bonds guaranteed by member states receiving aid from the European Union an
 Spanish reportSpanish report by Euro Reporter
Spain’s pain is not the solutionSpain’s economy, and the euro, are more at risk now than a week ago. This assertion certainly runs counter to general market impressions. The euro remains resilient and Spanish yield
 Portuguese reportPortuguese report by Euro Reporter
Changes in Portuguese motorwaysAuto Europe's strong commitment to providing the best service to our clients also means making our best to keep them informed of any changes in legislation that may impact their holidays. If
 A continent ruled by fearA continent ruled by fear by Thanos Kalamidas
Except some Italians I presume nobody else has missed Berlusconi and his schizophrenic policies but how Europe will look without Nicolas and Angela that’s a whole new story. And perhaps among other things Berlusconi entertained us occasional
 Italian reportItalian report by Euro Reporter
Italy won't rush disputed labour reformItalian Prime Minister Mario Monti opted on Friday not to rush a heavily contested labour reform through parliament after running into strong resistance from unions and a key ally sup
 Irish reportIrish report by Euro Reporter
Ireland back in recession as economy shrinks in Q4Ireland dropped back into recession at the end of 2011, government statisticians reported Thursday in a worrying sign for the country's efforts to emerge from an internatio
 Greek reportGreek report by Euro Reporter
Socialist party changes leadersGreece’s finance minister, Evangelos Venizelos, formally assumed the leadership of the beleaguered Socialist Party on Monday, saying he would strive to put the country back on the path to e
 German reportGerman report by Euro Reporter
Activist pastor elected German presidentActivist pastor Joachim Gauck was elected German president by an overwhelming majority Sunday, marking the first time a candidate from the former communist east will be head of state. Ga
 French reportFrench report by Euro Reporter
In Europe’s capitals, a muted debate about taxes and spendingThe Socialist candidate in France’s presidential election, Francois Hollande, promised recently that if elected he would impose a whopping 75 perce
 Finnish reportFinnish report by Euro Reporter
Finland shakes up Finnair board to defuse governance scandalThe Finnish government Thursday said six of eight board members of Finnair Oyj (FIAS.HE) must quit after they concealed a EUR180,000 sign-on bonus for its chief execu
 Irish report Irish report by Euro Reporter
Expert group on abortion ruling to report by JulyThe expert group tasked with making recommendations on implementing a European Court of Human Rights ruling on abortion will report to the Government by July, Ireland’s am
 Estonian reportEstonian report by Euro Reporter
Estonia backs collective-agreement changes after union protestsEstonia approved legal changes to make it easier for employers to terminate collective agreements even after trade unions objected. Lawmakers voted 53-40 to back a
 Dutch reportDutch report by Euro Reporter
Dutch Labour party threat to fiscal pactBoth of the frontrunners for the leadership of the Dutch Labour party have said they will vote down the eurozone fiscal pact in parliament if the Netherlands’ conservative governme
 Cypriot reportCypriot report by Euro Reporter
Cyprus belongs to the Cypriots and to no one elseCyprus belongs to the Cypriots and to no one else, President Demetris Christofias stressed Thursday commenting on statements by Turkish Minister of EU Affairs and Chief Negotiat
 Belgian reportBelgian report by Euro Reporter
Belgian minister vows to resist 'ultra-liberal' CommissionBelgium's enterprise minister Paul Magnette criticised the European Commission for being "too tough" on his country and pleaded for more "mar
 Spanish reportSpanish report by Euro Reporter
Spain warns it will miss 2012 deficit targetSpain's prime minister said Friday that his recession-ridden country will miss its deficit goal for this year, risking sanctions from the European Union. The announcement came as
 Portuguese reportPortuguese report by Euro Reporter
Portugal passes bailout review by 'troika'Portugal passed the third review by the European Union and IMF of its 78-billion-euro bailout programme on Tuesday and the country's finance minister said it would not end
 Italian reportItalian report by Euro Reporter
Italy’s Cabinet reveals financial informationItaly’s Cabinet ministers have posted a raft of financial information online in a show of transparency sought by Premier Mario Monti as he pushes through tough austerity
 Irish reportIrish report by Euro Reporter
Ireland raises asset sales target to 3 bln EurosThe Irish government raised its target for the sale of state assets to 3 billion Euros ($4 billion) on Wednesday, unveiling a final list of utilities set to go on the block heade
 Greek reportGreek report by Euro Reporter
Greece may be allowed higher debt level in bailout accordGerman Finance Minister Wolfgang Schaeuble said Greece may be allowed to run a higher debt in coming years than envisaged so far as part of the second international aid
 German reportGerman report by Euro Reporter
President quits in scandal over favoursGermany's president resigned Friday in a scandal over favours he allegedly received before becoming head of state, and Chancellor Angela Merkel moved quickly to try and head off a dom
 Finnish reportFinnish report by Euro Reporter
Finland’s economy stagnated in fourth quarterFinland’s economy stalled in the fourth quarter as Europe’s deepening debt crisis hurt exports. Gross domestic product, adjusted for seasonal variations, was uncha
 French reportFrench report by Euro Reporter
Sarkozy launches presidential electionPresident Nicolas Sarkozy formally declared his candidacy for a second term Wednesday seeking to overturn a wide poll lag with promises to get the unemployed back to work and use referendu
 Dutch reportDutch report by Euro Reporter
Dutch authorities start probe into hacker attack at KPNDutch authorities began probing a hacker attack at Royal KPN NV after the phone company temporarily blocked e-mail accounts of about 2 million clients because confidential
 Belgian reportBelgian report by Euro Reporter
Belgium Slides into RecessionBelgium's economy fell back into recession at the end of 2011, reversing the strong growth it had seen in the first half of the year as the country became the latest to fall victim to the euro
 Spanish reportSpanish 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 reportPortuguese 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
 Luxembourg reportLuxembourg 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
 Irish reportIrish 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! 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 reportGreek 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 reportGerman 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 reportFrench 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 reportFinnish 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 poemsEuro-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 reportEstonian 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 reportDutch 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
 Dividing and Rule of our societies... Dividing and Rule of our societies... by Christos Mouzeviris
One of the main effects that the current crisis in Europe and the eurozone had in all the badly affected countries, was the public sector vs private sector debate. Privatizations were encouraged and many of the social benefits were targeted and cu
 Cypriot reportCypriot 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?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 reportBelgian 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 reportAustrian 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 reportGerman 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 reportFrench 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-reportEuro-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
 Estonian reportEstonian report by Euro Reporter
Tallinn wants Russian schools to teach in EstonianThe Estonian government has not granted a delay to 15 Russian-speaking schools with regard to the switch to education in Estonian. On Wednesday, Russian Schools of Estonia publ
 Cypriot reportCypriot 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
 Belgian reportBelgian 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 reportSpanish 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 messThe 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 reportPortuguese 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 reportIrish 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 reportItalian 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
 Greek reportGreek 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 reportGerman 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 euroPatronizing 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 reportFrench 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 reportFinn 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 reportEstonian 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 reportDutch 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 reportDanish 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 reportCypriot 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 reportBritish 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 reportBelgian 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 PIGSSacrificing 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?Greece and Italy: Putting Humpty Dumpty Back Together Again? by Dr. Emanuel Paparella
 Spanish reportSpanish 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 reportPortuguese 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? 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
 Luxembourg reportLuxembourg report by Euro Reporter
Commission takes Luxembourg back to court over waste water treatmentThe European Commission is referring Luxembourg back to the European Court of Justice for poor treatment of urban waste water. The Court previously ruled in N
 Italian reportItalian 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
 Italian reportItalian 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 reportIrish 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-zoneThe 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 reportGreek 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
 French reportFrench 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 reportFinn 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 reportEstonian 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 reportDutch 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
 Cypriot reportCypriot 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
 Belgian reportBelgian 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 reportSpanish 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.
 Portuguese reportPortuguese 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
 Would today's European leaders become Europe's undertakers?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 reportItalian 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 reportIrish 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 reportGreek 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 reportGerman 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 reportFrench 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 reportFinnish 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 reportDutch 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 reportDanish 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 reportCypriot 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 effectWhen 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 reportBelgian 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
 Austrian reportAustrian report by Euro Reporter
No information on potential stake acquisitionEarlier press report claimed local businessman, other partners eyeing 20% stake in incumbent operator. Telekom Austria AG Friday said it has no information about speculation that an
 Spanish reportSpanish 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
 Portuguese reportPortuguese 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 reportItalian 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
 Ethic liaisons with Finland and GreeceEthic liaisons with Finland and Greece by Thanos Kalamidas
The last few months through a number of articles a dialogue has started in the pages of Ovi magazine about the past, the present and the future of Europe and yesterday rereading a few of those articles and especially professor Paparella’s ar
 Irish reportIrish 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
 Greek reportGreek 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 EUNow 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
 French reportFrench 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 reportFinnish 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 reportEstonian 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 !!!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 reportDutch 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 reportCypriot 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 reportBelgian 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
 Austrian reportAustrian 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 reportPortuguese 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 reportSpanish 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 reportPortuguese 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 reportItalian 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 reportIrish 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
 The failure of national governmentsThe 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 reportGerman 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 reportFrench 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 reportFinnish 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 lateToo 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 reportGreek 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 reportEstonian 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 reportDutch 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 CrimesUrgent 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
 Cypriot reportCypriot 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 reportBritish 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 reportBelgian 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
 Rating agencies of legitimating economic gossipRating 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
 Myths, realities, Greeks and the economic crisisMyths, realities, Greeks and the economic crisis by Thanos Kalamidas
In general I’m pretty conservative when it comes to my compatriots’ reactions when it comes to foreign and especially north European politicians’ encounters with the contemporary Greek issue. People in Greece feel isolated and li
 When EU crisis makes Maggie contemporaryWhen 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 reportSpanish 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 reportPortuguese 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 reportItalian 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 reportIrish 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
 German reportGerman 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 reportFrench 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 reportFinnish 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
 Estonian reportEstonian report by Euro Reporter
Estonia emerging as bullish Baltic nationEstonia is no longer Europe's best kept secret, with increasing GDP growth, record numbers of tourists and a commitment to renewable energies and eco developments. The smallest of t
 The Greek misery vowsThe 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 reportGreek 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
 Danish reportDanish report by Euro Reporter
Tensions remain over Denmark's border-control plans Germany and Denmark have failed to resolve a dispute over the Danish government's plans to re-establish permanent border controls. Following a meeting with his Danish
 Greek reportGreek 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 reportBritish 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 reportBelgian 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 pauseA 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 reportSpanish 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 ratingsEuropean 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
 British reportBritish report by Euro Reporter
Competition Commission investigation into UK banking "inevitable"Lloyds and the Treasury are locked in talks on the issue but the banking group has made it clear it sees no reason why it should dispose of any more br
 Dutch reportDutch report by Euro Reporter
Trial of anti-Islamic Dutch MP continue'An appeals court in Amsterdam has decided to continue the hate-speech trial of anti-Islamic Dutch lawmaker Geert Wilders.  The appeals judge presiding over the trial rejected Wi
 Spanish reportSpanish 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 EuropeWhen 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 reportItalian 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 reportGerman 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 reportFrench 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 reportPortuguese 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
 German reportGerman 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 reportEstonian 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 reportFinnish 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 reportItalian 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 reportDutch 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
 Belgium reportBelgium report by Euro Reporter
Belgium's Solvay to acquire France's Rhodia in billion-dollar dealThe Belgian chemical company Solvay announced Monday that it is seeking to acquire French competitor Rhodia in a 3.4-billion-euro (4.8-billion-dollar) t
 When true Finns need a bailout from their xenophobiaWhen true Finns need a bailout from their xenophobia by Thanos Kalamidas
With the parliamentary elections getting closer the extreme right xenophobic Finnish party, the True Finns does exactly what similar parties have done for decades all around the world; disorientates the public with populisms over a subject the peo
 German reportGerman 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 rowdyismsEurope'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 reportSpanish 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 reportDutch 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 reportFrench 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
 British reportBritish report by Euro Reporter
British forces fire missiles at GaddafiDavid Cameron ordered British forces into action against Libya in “Operation Ellamy” after world leaders united to tell the dictator the “time for action” had come
 Greek reportGreek 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 reportGerman 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 reportIrish 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
 Czech reportCzech report by Euro Reporter
Gov't coalition approves VAT unification at 17.5%The Czech government coalition parties yesterday backpedalled on the quick VAT unification plan and agreed on the preservation of a lower VAT of 14 percent in 2012 and on VA
 Vers une souverainete de la zone EuroVers 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
 A Union without identity, act I in HelsinkiA 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 reportBelgium 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 reportFrench 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 reportIrish 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"...!!! 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 reportSpanish 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 EuropeBut 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.
 Portuguese reportPortuguese 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 reportItalian 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 reportIrish 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 reportGreek 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 reportGerman 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 reportFinnish 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 reportFrench 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 reportEstonian 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 reportDutch 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
 The crisis in Ireland and Greece. What is really going on? The crisis in Ireland and Greece. What is really going on? by Newropeans-Magazine
Being a Greek living in Ireland, I am only able to feel double disappointment and anger lately. Last year I had to watch the country I originally come from being humiliated with the IMF loan, this year is the
 Cyprus reportCyprus 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 reportBelgian 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 reportHungarian 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 reportEstonian 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 reportFinnish 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
 French reportFrench report by Euro Reporter
Juppé in Kabul on Christmas visitFrench Defence Minister Alain Juppe arrived in Kabul Saturday for a Christmas visit to troops deployed in Afghanistan, according to an AFP journalist. France has around 3,850 troops deployed in
 Greek reportGreek 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 EuropeAngry 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 reportBelgian 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 reportPortuguese 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 reportGerman 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 reportSpanish 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 reportGreek 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
 Public services Vs IMFPublic services Vs IMF by Thanos Kalamidas
Perhaps it is me but looking at the changes the countries in Europe that financially suffer and have to go through I found something common, the public services sector. Greece is already under the heavy observance of the EU and mainly the IMF and
 Let's talk about tax, Ireland and European solidarityLet'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
 Austrian reportAustrian 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 reportIrish 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
 Italian reportItalian 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
 Belgian reportBelgian report by Euro Reporter
Belgium's embattled archbishop gets pie in face at All Saints service, won't press chargesBelgian media says the country's ultraconservative Roman Catholic archbishop was hit by a pie in the face during an All Sain
 For their own goodFor their own good by Thanos Kalamidas
In the beginning it was the European constitution and that there was no future without accepting it. We didn’t and then we started talking about the Lisbon treaty which by the way we didn’t accept but our representatives in the nationa
 Cyprus historic ironiesCyprus historic ironies by Thanos Kalamidas
It is definitely heartbreaking to see a nation celebrating its 50 years of independence while a part of this nation is under a 36-year heavy fog and the people divided - oddly the very same people who fought together for this independence - and wi
 Danish reportDanish 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
 British ReportBritish Report by Euro Reporter
When Britain decided to stop spying on IndiaThe British were so unsure about intelligence sharing with post-independent India, its spy agencies decided to set up an unprecedented covert operation in the country but its agent
 EU reportEU report by Euro Reporter
Sarkozy fights back in Roma row at EU summitNicolas Sarkozy, France's president, caused consternation in European Union circles this evening when he claimed that Germany was planning to follow France's example and clea
 American poverty that reflects the European realityAmerican 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 reportSpanish 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
 Estonian reportEstonian report by Euro Reporter
Estonia Aims to Cut ‘Too High’ Energy Subsidies, Minister SaysEstonia’s government wants to reduce subsidies for renewable energy producers to cut costs for consumers, Economy Minister Juhan Parts said. The E
 Finnish reportFinnish report by Euro Reporter
Finland opens clinic to help poker players on …tiltIn most of the world, you'd have to describe the relationship between poker players and governments as icy, at best. But that doesn't seem to be the case in Finl
 Dutch reportDutch 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
 Italian reportItalian report by Euro Reporter
Italian minister apologises after delivery room fightItaly's health minister has apologised to a woman for a fight between two doctors in the delivery room as she was about to give birth. The authorities are investigating
 French reportFrench report by Euro Reporter
Sarkozy under fire from within his own ranks on Roma policyThe French government’s first ministers meeting after the summer recess will be held on Wednesday, marking the beginning of what could be President Nicolas Sarko
 The Slovaks, Olli Rehn and the EU continuing failuresThe Slovaks, Olli Rehn and the EU continuing failures by Thanos Kalamidas
As it is normal I suppose, when I browse the news and if I see something about Greece I check twice most of time even reading the whole article. And it was the same this time and started with an news-agency focusing on EU mainly news. A six hundre
 Hungarian reportHungarian report by Euro Reporter
Hungarian PM reiterates intention to break with IMF when contract expiresGetting free of the International Monetary Fund (IMF) will be a step towards national self-determination, Hungarian Prime Minister Viktor Orban said. Ret
 Finnish reportFinnish report by Euro Reporter
Finnish MP to head probe of deadly ethnic clashes in KyrgyzstanKyrgyzstan has accepted European proposals for an international investigation into interethnic violence that killed hundreds in the south of the country last month
 Italian reportItalian report by Euro Reporter
Berlusconi wins confidence voteThe Italian Prime Minister Silvio Berlusconi has won a vote of confidence on an unpopular 25 billion Euro (32 billion dollars) austerity package. The two year plan was approved by 170 votes to 13
 Estonian reportEstonian report by Euro Reporter
Estonia looks to boost euro supportThe Estonian Finance Ministry has announced that it will launch a campaign to increase support among the general population for the country joining the euro zone at the start of next year. Ac
 Cyprus reportCyprus 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
 Italian ReportItalian 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 reportHungarian 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
 Spanish reportSpanish report by Euro Reporter
Spain could test the euro to its limitNews that the head of the International Monetary Fund was in the country fuelled swirling rumours that Madrid is about ask for help. Spain has been hammered by collapse of its construction
 French reportFrench report by Euro Reporter
Putin meets with Sarkozy in Paris amid warship rowRussian Prime Minister Vladimir Putin held talks with French President Nicolas Sarkozy at the Elysee Palace in Paris Friday. Putin also met with former French President Jacques
 The snake that crawls around EuropeThe 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
 German reportGerman report by Euro Reporter
Government to sidestep Bundesrat on nuclear power plant extensionThe centre-right coalition government is looking to bypass the Bundesrat upper house to push through one of its more controversial policy plans – extending
 French reportFrench 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
 The Greeks and EuropeThe Greeks and Europe by Prof. Francesco Tampoia
"Today there are no more Frenchmen, nor Germans, nor Spaniards, nor Englishmen. There are only Europeans”   G. G. Rousseau, 1772. Some years ago, New York Times, Daniel Mendelsohn as usual in a fascinat
 Conquered EuropeConquered 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 reportEstonian 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 reportRomanian 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
 Italian reportItalian 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
 Portuguese reportPortuguese 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
 A handicap union and a trebling futureA handicap union and a trebling future by Thanos Kalamidas
In an extended survey lately in Norway about possible candidacy of the countr
 Thinking about Europe without the euro?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 diplomacyAshton'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
 Greek reportGreek 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
 Romanian reportRomanian report by Euro Reporter
Gazprom did not invite Transgaz officially to join South Stream There hasn't been any official invitation from Russian company Gazprom to Romanuan Company Transgaz for the latter to take part in South Stream, Gazprom Expor
 The Euro-tragedyThe 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.
 The Bulgarian missilesThe Bulgarian missiles by Thanos Kalamidas
It is only days when I was talking about a cold war déjà vu and here is Russia asking Bulgaria to explain its plans to deploy US air defence missiles on her soil targeting – always according to Moscow – Russia. According to S
 We Europeans are all 'PIIGS' ...and Anglo-Saxons are 'Usuk'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”
 Hungarian reportHungarian report by Euro Reporter
Head of Military University in Budapest ArrestedPolice detained the head of the National Defence University on Tuesday, on suspicion of abuse of office, following a months-long investigation. There was a scuffle as Szabó
 Cyprus reportCyprus report by Euro Reporter
Christofias – Anastasiades – letters – talksPresident of the Republic of Cyprus Demetris Christofias has said that Turkish Cypriot leader Mehmet Ali Talat had asked for the direct talks to be interrupted a
 Italian reportItalian report by Euro Reporter
Public employees to don nametagsState employees who work with the public will begin wearing name tags next Monday in the latest stage of a government campaign against civil servant slacking and rudeness. The policy is intended
 Greek reportGreek 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 UKShopping 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
 Hungarian reportHungarian report by Euro Reporter
Hungary C.Bank Can Cut Rates Further, Elections May Cause A Pause“Hungary's central bank (NBH) remains firmly in easing mode but the pace of rate cuts is likely to be slower and the bank may even take a pause in its
 Danish reportDanish report by Euro Reporter
City lunch plan under fire Kindergarten food program draws criticism less than one week after its commencement in Copenhagen. Meals provided to Copenhagen’s kindergarten and nursery school kids in accordance with the cit
 Czech newsCzech news by Euro Reporter
Hussite Church celebrating 90 years of existenceThe Czechoslovak Hussite Church served a mass at Saint Nicholas Church at Prague's Old Town Square to celebrate the 90th anniversary of its foundation.  The mass was ser
 Cyprus reportCyprus report by Euro Reporter
Jobless toll slowed Unemployment in December 2009, dropped 2.8 per cent, compared to November but for 2009 overall, the jobless rate jumped 51.7 per cent over 2008, the Statistical Service announced yesterday. The average numb
 French reportFrench report by Euro Reporter
Camus stirs debate 50 years after his death50 years ago yesterday (January 4, 1960), Albert Camus died aged 47 in a car accident, cutting short the life of the iconic French writer, philosopher and journalist whose legacy live
 Italian reportItalian report by Euro Reporter
Berlusconi Forgives TartagliaSilvio Berlusconi has forgiven Massimo Tartaglia, the man who attacked him a week ago in Milan. However, Mr Berlusconi also said that when trying his assailant, magistrates should not send out t
 A rightful candidacyA rightful candidacy by Thanos Kalamidas
And at last it came Serbia’s turn to apply for an EU membership. It seems that this was the last act of the Swedish Prime Minister Fredrik Reinfeldt as EU president to accept Serbia’s application from President Boris Tadic. The timing
 Copenhagen report VIICopenhagen report VII by Euro Reporter
Final talks begin in Copenhagen Climate conferenceMore than 90 ministers had met informally on December 13, on their day off from official negotiations between 190 nations, to try to break an impasse between rich and poor over
 When the poor send a messageWhen the poor send a message by Thanos Kalamidas
Of course Massimo Tartaglia has psychological problems and of course we are going to find out that the last twenty years the 42 years-old Italian has spent most of the time in psychiatric clinics. But I’m afraid the 42 years-old man with the
 Belgian reportBelgian report by Euro Reporter
Alcohol controls in 3 Flemish provinces The police in the provinces of East & West Flanders held large-scale alcohol controls last night. The 'Night of Traffic Safety' was an initiative of the governor of East Flan
 German reportGerman report by Euro Reporter
Antique car dealer finds Hitler's Mercedes A Düsseldorf antique car dealer working on behalf of a Russian billionaire told The Local on Monday he has located a Mercedes limousine belonging to Nazi dictator Ado
 A Baroness to understandA Baroness to understand by Thanos Kalamidas
Why the surprise? Baroness Catherine Ashton’s name has been circulating the halls of the EU offices, the media computers and everybody who might be interest in EU issues for months; so why now everybody look
 Estonian reportEstonian report by Euro Reporter
Estonian businessman charged with market shares manipulationA prominent businessman in Estonia, Toomas Tool, has been charged with manipulating stock prices, been reported.  The businessman, who owns large tracts of re
 Danish reportDanish report by Euro Reporter
Left-wing party blocked day-care agreement More day-care centre blockades may be on the way if a budget agreement for the area is not reached soon. A day-care agreement should have been in place for the budget on Friday, accor
 Which recession ended?Which recession ended? by Thanos Kalamidas
Sometimes when I read about the recession or better about the recession’s recovery in the euro-zone I’m really wandering where they get that and how they are coming with those figures. I mean I look at all those stats and figures and I have to
 
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