France’s Hollande Laments High Labor Costs But Unlikely to Act
The French president recognizes that labor costs are too high, but his Socialist Party is resistant to changes.
Western Europe
Steinmeier Unlikely to Effect Change in German-Russian Relations
Germany’s new foreign minister may be something of a Russophile, but his influence could be limited.
German Party Vote Clears Way for Third Merkel Government
Social Democrats agree to join a coalition with Angela Merkel’s conservatives.
Weak Austerity Vindicates Britain’s Ruling Coalition
The Conservatives haven’t dramatically reduced spending, but neutralized Labour’s opposition.
Dutch Lose High Credit Rating as Taxes Depress Confidence
“Austerity” in the Netherlands has mostly meant tax increases for businesses and workers.
Germany’s Right-Wing Press Decries Social Democrats’ “Victory”
Conservatives criticize Angela Merkel’s concessions, but the left isn’t happy either.
Germany Rolls Back Labor Reforms, Sticks to Hard Line in Europe
Angela Merkel will soften some of her labor policies, but not her hard line in Europe.
German Parties Close to Coalition Deal But Eye Smaller Partners
The Social Democrats signal they are open to a coalition with the far left.
Britain’s Cameron Articulates Conservative Vision, Finally
The British prime minister argues that shrinking government is the right thing to do.
Don’t Blame France for Doubting Iran’s Sincerity
Iran’s president previously boasted that he had deliberately stalled negotiations to buy the nuclear program more time.
Germans Reject Criticism of Export-Driven Growth
Germany sees its trade surplus as proof of a sound economic policy.
German Coalition Expected to Introduce National Minimum Wage
Conservatives are likely to agree to a minimum wage in order to stay in government.
Netherlands Mulls Sending Commandos, Helicopters to Mali
The ruling Labor Party is eager to support the French intervention in West Africa.
European Union Finalizes Trade Deal with Canada
But hopes that another transatlantic trade pact, with the United States, may be signed soon are premature.
Greens Leave Coalition Talks, Leaving Merkel With No Alternative
The chancellor will have to form a grand coalition with the Social Democrats.