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Europeans Leaders: Finally on the Same Page
European leaders adopted a groundbreaking new treaty Monday that binds them to imposing caps on deficits and government debts to combat the painful financial crisis that has sabotaged prosperity across...
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Greece: Pushing the European Union Back, But With Very Little Leverage
For Greeks who have watched their taxes skyrocket, their wages plunge and their prospects flatline, news of the latest austerity demands from European leaders came like the punch line to a bad joke. If...
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Greece: Unions Take A “Hardline” and Strike
Greek party leaders face crunch talks on Tuesday to secure a new international bailout and avoid a chaotic debt default, caught between EU demands that they accept painful reforms now and a national...
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Greece: Finally a “Deal”
Stuck between looming bankruptcy and a flatlined economy, Greek politicians agreed Thursday to make a sweeping series of cuts that they hope will secure an international bailout, layering more pain...
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Economic Protest Turns Violent in Greece
Greece’s Parliament approved far-reaching spending cuts early Monday in a bid to secure a bailout and stave off bankruptcy, as buildings burned in Athens, set ablaze by furious protesters who fear that...
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EU Fix: Good Enough, Not Great
At their Summit, leaders provided the foundation for a potentially stronger and less imperfect Eurozone. But they did not go far enough in combining the emphasis on fiscal discipline with growth and...
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Big Tech (Google and Motorola) Faces Antitrust Problems in Europe
Foreign regulators are taking a close look at Google and Motorola Mobility as federal regulators in the United States continue to work on their own antitrust probe into the tech giant. Officials in the...
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Austerity: Doing More Harm than Good in Europe
Euro zone unemployment just hit a 15-year high. German unemployment just hit a 15-year low. What can those of us across the Atlantic glean from this seemingly bipolar state of affairs? That austerity,...
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Spanish Banks: Putting Europe on the Precipice
Spain, already struggling to contain its public debts, may need to pump more taxpayer money into its ailing banks to clear away tens of billions of dollars in bad real estate loans, the International...
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Greece: Getting Some “Breathing Room” on Debt
As another day passed with Greece no closer to a working government, European officials suggested Wednesday that they had a new tool in their mission to keep the shared euro currency with all its...
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