Posts Tagged eurozone
Un- ‘Finnish’ business
Posted by Natalie Hamill in European Union on 24/08/2011
Greece’s second bailout package looks to be on the cusp of unravelling, as several member states are pushing for their own conditions in return for their bailout contributions. The ring leader, Finland’s new government, is proving a thorn in the side of the would-be Eurozone ‘fixers’, obstinately refusing to roll over and ‘play ball’ and leading others along the path of rebellion. The bailout package, agreed only last month, may well not be ready for Greece’s September payments and, after all the thrashing to try to stay afloat, Greece could finally go under.
Eurobonds – blue or red?
Posted by Stephen Clarke in Economics, Politics on 15/08/2011
In the Matrix Morpheus (Laurence Fishburne) asks Thomas A. Anderson or Neo (Keanu Reeves) –
You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes.
Soon investors could be offered both in the form of blue and red Eurobonds.
Portugal’s pick me up
Posted by Natalie Hamill in European Union on 18/05/2011
After a tumultuous few weeks the Portuguese bailout has come one step closer to fruition, with Eurozone ministers having finally agreed the finer details of the three-year €78 billion loan intended to ‘safeguard financial stability in the euro area and the EU as a whole’.
The hidden dangers of safety nets
Posted by Stephen Clarke in Economics, European Union, Politics on 20/12/2010
With the Irish bail-out agreed upon EU leaders and Eurozone country governments have been returning to the long-term task of placing the Eurozone on a more sustainable footing. However a number of recent pronouncements highlight the difficulties in concurrently achieving short-term stability and long-term change.
The recession triggers East-West divide in the EU
Posted by Claire Daley in European Union on 02/03/2009
Following Eastern and Central EU Member States’ recent mini-summit to discuss fears of protectionism, an informal summit of the leaders of all 27 EU Member States took place on Sunday, writes Kyial Arabaeva. The ambition was to construct concrete solutions to tackle the crisis and to expel worries about protectionism, unequal bail-outs and a feared East-West divide within the EU.
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nEUROsis
Posted by Pete Quentin in European Union on 01/12/2008
Last week, Shadow Health minister, Andrew Lansley said that the recession could be “good for us”. Amidst public outcry he quickly apologised for his sarcastic and insensitive comment, but it seems that euro-enthusiasts might begin to see a silver-lining as the economic black clouds descend, because the economic turmoil has driven the debate about the UK joining the euro back into the headlines.