- July 24th, 2010
- Posted by EUEditor
“The results confirm the overall resilience of the EU banking system to negative macroeconomic and financial shocks, and are an important step forward in restoring market confidence” – the dry statement of approval (23.7.10) from European banking authorities, after running their open financial tests on 91 banks. … Read More »
- July 21st, 2010
- Posted by EUEditor
The Baltic republic of Estonia has gone against the flow of nay-ssying over the value of the Euro, obtaining approval to take up the common currency for the start of next year. … Read More »
- July 18th, 2010
- Posted by Emma Cillekens
ECONOMY: Debate between maintaining conditions for an after-recession recovery, and on the other hand the drive for budget cutting and settling of public debt, has been contested over EU spending plans. … Read More »
- July 11th, 2010
- Posted by Lee Duffield

The European Parliament has approved new rules (8.7.10) to allow counter-terrorism authorities in America to monitor trans-Atlantic financial transfers using the SWIFT banking system. … Read More »
- July 6th, 2010
- Posted by EUEditor
The European Parliament moved close this week (5.7.10) to finalising a long-running problem with the transfer of banking information to the United States, under scrutiny of US anti-terrorism agencies. … Read More »
- June 29th, 2010
- Posted by EUEditor
European leaders at commemorations around the world since May 5, Europe Day, have declared that the “Europe of Values” is set up for the long term.
The European Union Ambassador to Australia and New Zealand, David Daly, (pictured, with the President of the Europe Council in Australia, Elfi Massey-Vallazza), said the EU had demonstrated strong political will in the financial crisis, so “the European Union still exists, and the Euro still exists”. … Read More »
- June 26th, 2010
- Posted by Lee Duffield
COMMENTARY: “Who should pay out the deficits, following the financial crash of 2008?” is a keynote question for the G20 international economic summit this weekend, in Canada.
After billion-dollar government bail-outs of errant banks, protesting workers, right now in France and Italy, say it should not be them.
The incoming head of the international trades union movement, Australian Sharon Burrow, has added in a warning that the deficit cutting will stymie economic growth. … Read More »