Greece Continues to Divide Europe
Germany is critical of a European Commission proposal to bail out Greece.
Germany is critical of a European Commission proposal to bail out Greece.
Just a few months ago, the British Conservatives had this year’s parliamentary election in their pockets. After more than ten years of Labour rule, Britons were tired with Gordon Brown while opposition foreman David Cameron lured as a fresh, “green right” alternative who promised to restore fiscal responsibility and British pride altogether. The Conservatives polled […]
After the next parliamentary elections, the only viable option may be a minority government.
Spain is the last major economy of Europe still mired in recession as its government remained committed to socialist doctrine throughout 2009. Massive deficit spending has only worsened the country’s predicament however, forcing Prime Minister José Luis Rodríguez Zapatero to finally start reining in Spain’s mounting debt. Last month, Professor Niall Ferguson of Harvard University […]
Local elections show the nationalist Freedom Party and the right-wing liberals on the rise.
A novel idea from British Conservatives: allow schools to set their own standards. Tory Politico reports that the party intends to put an end to government interference with so-called A Level certificates: the internationally-recognized standard for entry into British universities. The A Level’s reputation has been on the decline in recent years, leaving the prestige […]
An examination of the standoff between Argentina and the United Kingdom.
It wasn’t too long ago that NATO’s post-Cold War purpose seemed perfectly clear. During the Clinton Administration, the United Stated led allies in humanitarian efforts around the world but in Europe’s backyard especially. Up to this very day, Western forces are actively engaged in peacekeeping in former Yugoslavia and, of course, in Afghanistan. The Afghanistan […]
The governing coalition in the Netherlands was brought down Saturday, unable to bridge a divide between Christian Democrats and socialists over whether or not to keep forces in Afghanistan after 2010. For the fouth time, Prime Minister Jan Peter Balkenende had to announce that a government of his had come to its end prematurely. His […]
Euroskepticism is abound anew. Where previously economist Paul Krugman argued that Greece could have weathered its fiscal crisis if it had retained its own currency, Judy Dempsey reports that Germans are increasingly nostalgic for their Deutsche Mark. “For Germans,” writes Dempsey, “the mark was more than just currency.” It represented the country’s postwar recovery, the […]
Excessive government spending, nor European integration, is responsible for Greece’s debt crisis.
After The New York Times revealed on Saturday that Wall Street banks helped Greece keep its mounting debt off the books for many years, Edward Hugh at A Firstful of Euros explains how shady financial constructions allowed several European governments to hide part of their financial trouble. Eurostat, the EU’s agency for statistics, has been […]
In an interview with Piers Morgan broadcast on ITV1 last Sunday, British prime minister Gordon Brown spoke openly about the death of his daughter Jennifer, his son Fraser who suffers from cystic fibrosis, and the leadership deal that was struck with Tony Blair. More than four million Britons watched the show. With his wife Sarah […]
The European Council president promised to provide “determined and coordinated action” to Greece if needed.
Europe has missed an opportunity to draw Ukraine into the Western camp.