Posts Tagged: France

Outfoxed by Club Med German Dominance in Doubt after Summit Defeat

Chancellor Merkel suffered a bruising defeat at last week’s Brussels summit after the leaders of Italy, Spain and France ganged up on her. Europe’s power relations have shifted as a result. It looks like Germany will no longer be calling

Outfoxed by Club Med German Dominance in Doubt after Summit Defeat

Chancellor Merkel suffered a bruising defeat at last week’s Brussels summit after the leaders of Italy, Spain and France ganged up on her. Europe’s power relations have shifted as a result. It looks like Germany will no longer be calling

/ News

Euro-Zone Shark Still Has Its Appetite

“A shark has to constantly move forward or it dies. And I think what we got on our hands is a dead shark.” Woody Allen’s description of his failing relationship with Annie Hall is as apt when applied to the

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Euro-Zone Shark Still Has Its Appetite

“A shark has to constantly move forward or it dies. And I think what we got on our hands is a dead shark.” Woody Allen’s description of his failing relationship with Annie Hall is as apt when applied to the

/ News

Euro-Zone Economic Outlook Remains Weak

The European Central Bank might have to take more action to spur growth in the euro zone after data published Friday suggested that German consumers are beginning to feel the strain of the debt crisis and the ECB’s earlier injections

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Euro-Zone Economic Outlook Remains Weak

The European Central Bank might have to take more action to spur growth in the euro zone after data published Friday suggested that German consumers are beginning to feel the strain of the debt crisis and the ECB’s earlier injections

Was Merkel’s Surprising “Defeat” Merely A Gambit For A German Referendum?

As details from Thursday’s European Memorandum of Understanding, which has all the binding power of a ‘highly confident letter’ issued by a third tier investment bank, continue to be non-existent, the questions, and conditions, are accumulating fast. While the ESM

Was Merkel’s Surprising “Defeat” Merely A Gambit For A German Referendum?

As details from Thursday’s European Memorandum of Understanding, which has all the binding power of a ‘highly confident letter’ issued by a third tier investment bank, continue to be non-existent, the questions, and conditions, are accumulating fast. While the ESM

Germany Cries: “Europe Is Coming For Our Money”

“Greece is an exception in the Euro Zone” – Angela Merkel, December 9, 2011 “Exception from ESM Seniority only applies to Spanish aid” – Angela Merkel, June 29, 2012 It took about a year, but finally Germany, with a little

Germany Cries: “Europe Is Coming For Our Money”

“Greece is an exception in the Euro Zone” – Angela Merkel, December 9, 2011 “Exception from ESM Seniority only applies to Spanish aid” – Angela Merkel, June 29, 2012 It took about a year, but finally Germany, with a little

/ News

‘Breakthrough’ achieved in Brussels

Danish Prime Minister Helle Thorning Schmidt (l), European Council President Herman Van Rompuy (c) and European Commission President Jose Manuel Barroso (r) give a joint news conference at the end of the European Summit in Brussels on Friday. After 18

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‘Breakthrough’ achieved in Brussels

Danish Prime Minister Helle Thorning Schmidt (l), European Council President Herman Van Rompuy (c) and European Commission President Jose Manuel Barroso (r) give a joint news conference at the end of the European Summit in Brussels on Friday. After 18

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Leaders Ease Debt-Crisis Rules On Spain

Euro-area leaders agreed to relax conditions on emergency loans for Spanish banks and possible help for Italy as an outflanked German Chancellor Angela Merkel gave in on expanded steps to stem the debt crisis. After 13 1/2 hours of talks ending at

/ News

Leaders Ease Debt-Crisis Rules On Spain

Euro-area leaders agreed to relax conditions on emergency loans for Spanish banks and possible help for Italy as an outflanked German Chancellor Angela Merkel gave in on expanded steps to stem the debt crisis. After 13 1/2 hours of talks ending at