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You search by tag - Euro-zone

 
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 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 ages by Thanos Kalamidas
 Greeks 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 by Thanos Kalamidas
 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 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 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 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 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 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 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 report by Euro Reporter
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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 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 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 report by Euro Reporter
 Portuguese 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 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 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 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 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 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 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 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 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 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 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 by Dr. Anis H. Bajrektarevic
 The 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 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-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 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 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 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 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 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 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 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, 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 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 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? 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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
 A 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
 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,
 Euro-zone and Herman's poems by Thanos Kalamidas
I’m afraid all the New Year resolutions about the European economy failed but I bet all Merkel’s resolutions about the German economy are going to succeed and this covers the economic situation in Europe for the glorious year 2012. By
 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
 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
 The big fat European mess by Thanos Kalamidas
Reading the latest news about the euro-crisis I came with the conclusion that now more than ever Europe is in need of a psychologist and not an economist. Let me give you an example, last week the Finnish minister for European affairs Alexander St
 Patronizing democracy in the name of a strong euro by Thanos Kalamidas
I was amazed to read that the European Economic and Monetary Affairs Commissioner Olli Rehn asked for more cooperation among the Italian members of parliament while visiting Rome last week and it made me wander if the Finnish politician is familia
 Sacrificing the Europeans like PIGS by Thanos Kalamidas
Amazingly the German chancellor, Angela Merkel declared in her party’s conference that leaving Europe to collapse is something unthinkable while she among the rest of the European leadership leave Europe to slip away. And they doing that the
 Greece and Italy: Putting Humpty Dumpty Back Together Again? by Dr. Emanuel Paparella
 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
 The Greek haircut and the skin-headed Euro-zone by Thanos Kalamidas
The last twenty-four hours the euro-zone leaders reached one more – major according to them – plan to manage the euro-zone crisis and I’m sorry if one more time I might sound cynic but this “one more time” somehow hol
 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
 When the domino effect became the boomerang effect by Thanos Kalamidas
Thanks to the Euro-crisis the last few months we all learned the term “domino effect” but now a new term raises the “boomerang effect” and let’s see how painful it will be the way and how long it will take to memorise
 Belgian report by Euro Reporter
450 days after election, still no governmentBelgium hit a new milestone Monday — 450 days without a government — but still no one appears to be in any big hurry to resolve the situation. Europe's financial cris
 Ethic 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
 Now we know why Brussels is the centre of EU by Thanos Kalamidas
I have to admit that it took me a bit but now I understood why the European leadership was so eager for the Belgian Herman Van Rompuy to become the president of the Union. They vision a European future similar to the one Belgium enjoys this min
 French report by Thanos Kalamidas
Dominique Strauss-Kahn sexual assault case dismissed, appealedA New York judge dropped all criminal sexual assault charges against ex-IMF chief Dominique Strauss-Kahn on Tuesday after prosecutors lost faith in the credibility
 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
 The failure of national governments by Newropeans-Magazine
The EU is good at crises, is what the past tells us. If that is true, hopefully this eurocrisis triggers a new round of deeper EU integration, or better, eurozone integration. This time, unlike before, the member state governments cannot es
 Too much ...too late by Thanos Kalamidas
So that was it, the Euro-zone leadership at last decided that the economic measures in Greece were going to doomed the Greek people without any hope for recovery decided to lighten a bit the rope around their neck and they all sighed in unison bec
 Urgent need for an International Court for Global Financial Crimes by Newropeans-Magazine
We have been hit by the financial crisis. This financial and monetary crisis constitutes an imminent breakdown of the system that keeps the real economy running. And this crisis is responsible for the destabilization of whole nations as far as
 Rating agencies of legitimating economic gossip by Thanos Kalamidas
For one more time rating agencies are under fire from the European leaders and the European Union, so what? Is like saying capitalism is bad? Fine, we all know it by now but what are we doing by now for that except nagging because that’s wha
 Myths, 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 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
 The Greek misery vows by Thanos Kalamidas
The Greek prime minister, Georgios Papandreou vows to stay and fight on amid party revolt and reactions in the socialist parliament members; but if Mr. Papandreou thinks that his problem is the party revolt he has lost the point. His problem is in
 Greek report by Euro Reporter
Bondholders need to step up in GreeceAs the Greece crisis began to destabilize wider financial markets on Thursday, Canada’s former top central banker added his voice to those advocating a solution involving bondholders
 A political Drachma drama and a Union in pause by Thanos Kalamidas
Yesterday the news agency Reuters “accidentally” posted to all the media – including Ovi magazine – and subscribers a picture that shown European exchange including US Dollar, Japanese YEN and Greek Drachma leaving all of u
 European dignity ratings by Thanos Kalamidas
The rating agency Moody’s followed by European Union’s officials including the Luxembourg Prime Minister and head of the eurogroup, Jean-Claude Juncker and the president of the European council Herman Van Rompuy have warned in differen
 When Dominique accidentally raped Europe by Thanos Kalamidas
There is one thing with my compatriots that I definitely admire and it is their humour; and even under the worst circumstances they can exhibit the most hilarious self-sarcasm. So the last few days the joke that circulates the streets of Athens is
 When 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
 Europe's sad rowdyisms by Thanos Kalamidas
While the European Council President Herman Van Rompuy proudly announced that, "We decided a comprehensive package of economic measures... Today almost all the strands of this enterprise have come together," the truth is that the summit
 Vers une souverainete de la zone Euro by Newropeans-Magazine
"Les modèles classiques 'état fédéral' ou 'fédération d'états' ne valent plus rien – il faut une nouvell
 A Union without identity, act I in Helsinki by Thanos Kalamidas
The leaders of the European People’s party – too fancy name for the European conservatives – are gathering in Helsinki the last hours for a meeting before the critical for the Union meetings in Brussels for the economic future of
 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
 But seriously Europe by Thanos Kalamidas
The last few weeks all of us heard or read one way or another the latest achievements of the one and only Silvio and we might smiled with the Italian clown but we all felt the same time the seriousness behind the accusations.
 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
 Angry faces in the streets of Europe by Thanos Kalamidas
It was Rome, it is Athens. People running in the streets, fires everywhere, policemen, burned cars and shops and a lot of angry faces. Agree faces. More angry faces in Ireland and more angry faces in the streets of London and even more angry faces
 Public 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 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
 Irish report by Euro Reporter
Exactly how safe are your Irish savings?Over the past two years Irish, Dutch, Indian, Turkish and Cypriot banks, among others, have offered far more competitive deals to UK savers than many home-grown banks, particularly on lo
 For 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 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 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
 American poverty that reflects the European reality by Thanos Kalamidas
Reading in the news that one in seven Americans was living in poverty for the year 2009 according the US Census Bureau I felt my spine shivering and naturally my mind returned to Europe and especially to Greece. But this moment it’s not only
 The 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
 The snake that crawls around Europe by Thanos Kalamidas
This is one of those times when proven right makes you so sad. When back in late 1980s very few we were talking about the rebirth of racism, prejudice and hate groups in Europe everybody was laughing pointing out that in most countries for example
 The 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 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
 A 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? by Newropeans-Magazine
When Iceland went bankrupt, this was positive news for Europe. European politicians told their citizens that this example shows how essential European integration really is. This would never happen in one of the EU member st
 Ashton's EU diplomacy by Thanos Kalamidas
The new EU foreign policy chief, Baroness Catherine Ashton speaking about her plans about the future of the European Union diplomacy in the European Parliament said emphatically that to build a robust new diplomatic service is once in a generation
 The Euro-tragedy by Thanos Kalamidas
And the talk about the Greek economy continues but it seems that nobody cares to listen the Greek prime minister or the Greek citizens, something that makes you wander what really is going on with the Euro and the European economy in general.
 The 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' by Newropeans-Magazine
In the past few months, a “new” acronym has been increasingly blossoming in the Anglo-Saxon press: “PIIGS”
 Shopping with Euro in UK by Thanos Kalamidas
One of the places I visited these last few weeks I was away it was London and the first thing that impressed me after nearly eight years I hadn’t been in the capital of the United Kingdom was …how cheap everything is. A few hours later
 A 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 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 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
 A 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
 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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