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European leaders this week settled agreement on a new treaty that will create a closer financial union, and approved a permanent fund for supporting EU member governments under pressure from debt.
NEW EU TREATY ON FINANCE
The gathering at Brussels was one of a series since the financial crisis of 2008, which have step-by-step consolidated a joint response to financial or monetary crisis. … Read More »
Plusses and minuses:
Julia Gillard (picture, left) back in Canberra welcomed the passage of her government’s climate change legislation, having just got back from the G20, and seeing the soldiers in Afghanistan …
Other Prime Ministers not managing quite so well: George Papandreou, in Greece, contemplates life out of office after agreeing to step down, and Silvio Berlusconi. In Italy, continues his rear-guard action against growing numbers who want him out …
Carlos the jackal, aka Ilich Ramirez Sanchez, terrorist and said one-time beneficiary of the late Muamar al-Gaddafi, faced court on fresh charges in Paris …
… while much more innocuously, Casey Stoner, Australian motorbike rider, savoured a difficult victory in the Valencia MotoGT event, underlining his supremacy as outright champion for the series. … Read More »
Heads of government of the twenty largest economies -G20 - got to business, looking at ways to strengthen the world system, at their meeting in Cannes.
The political eruption in Greece, with the referendum plan that threatened to over-turn agreements on the country’s indebtedness, provided a huge distraction on the first day. … Read More »
Consternation has greeted the announcement by the Greek government (31.10.11) that it plans to have a referendum on accepting its international debt package, early in 2012. … Read More »
The gathering of European Heads of Government at Brussels (26.10.11) has announced a three-point plan for stability and a resolution of the Greek debt crisis. … Read More »
European heads of government are having a summit in-between summits at the start of this week, after ending one gathering at Brussels on Sunday, and limbering up for another this Wednesday (26.10.11).
The French President, Nicolas Sarkozy, and German Chancellor, Angela Merkel, were instrumental in the extraordinary move of convening a second round of talks. … Read More »
World Tourism Day, 27.9.11, may not have been expressly remarked-on around the parks, monuments and beaches, but it passed well in good September sunshine over most of Europe.
The European Union provided a twist on the theme, sponsoring a conference in a former, and celebrated Brussels brewery, on the chances of promoting industrial heritage as a future draw-card. … Read More »