Dutch Voters Swing to the Right
Liberals and nationalists emerged as the largest political parties in the Netherlands.
Europe
Dutch Election Too Close To Call
For the first time in almost a hundred years, the Dutch right-wing liberal party may emerge as the country’s largest parliamentary faction from Wednesday’s election. But as results poured in on election night, the liberals were unexpectedly engaged in a fierce struggle for power with Labor. The outcome was anticipated by preelection polls which had […]
Merkel, Sarkozy Push for Strict Finance Rules
France and Germany have insisted that the European Union speed up its scheduled financial reforms, noting that “strong volatility” in the markets necessitates a quick ban on speculative trading against “certain” stock and government bonds. In a joint appeal, French president Nicolas Sarkozy and German chancellor Angela Merkel called on European Commission President José Barroso […]
Thatcher Proves Krugman Wrong
The British leader showed that there’s an alternative to Keynesianism.
Hungary on the World Stage
The country is suddenly famous around the world.
Dutch Liberal Party Leading in Polls
A center-right coalition seems likely in the Netherlands where the liberals are ahead in the polls.
EU Should Reassess Energy Policy Toward Russia
Given the meager results of Europe’s policy of confrontation with Russia, it should focus on developing its internal market.
Europe Braces for Spending Cuts
While the Greek debt crisis and subsequent decline of the euro continue to worry investors around the world, the people of Europe are preparing for severe austerity measures, and not just in the troubled south. With hundreds of billions of euros pledged to stabilize the common currency, European leaders are forced to make major cutbacks […]
Cameron Launches Civil Society Initiative
The Conservative prime minister intends to “take power away from politicians and give it to the people.”
Macmillan’s Game At an End
Britain must reinvent its place in the world again after “punching above its weight” for half a century.
Russian Foreign Arms Purchases Are Good for Regional Stability
A great deal of ink has been spilled recently about how terrible it is that a number of European NATO members are considering selling arms and military equipment to Russia. Many commentators vehemently argue against such arms sales. The reasons for the opposition are rarely stated openly, but when they are they tend to focus […]
The Great Experiment
With David Cameron installed as prime minister on Tuesday evening, for the first time in almost seventy years the United Kingdom has a coalition government again. Will it hold? Elections in early May produced a hung parliament with the Conservatives just twenty seats short of a majority. Negotiations between Labour and the minority Liberal Democrats […]
Conservative Cameron Becomes British Prime Minister
Conservative Party leader David Cameron forms a coalition with the liberal party.
Saving the Euro
Bending the rules of euro management, European leaders and finance ministers agreed to an unprecedented effort to guarantee the stability of the eurozone with loans adding up to nearly $1 trillion (or €750 billion) this weekend. In spite of the multibillion euro rescue package previously pledged to Greece, investors continued to worry about the unsound […]
European “Elitism” or American Chagrin
Americans seem to forget Europe is not a federation like the United States.