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As Greek workers protested against austerity moves and government leaders conferred with sceptical German counterparts, the European Commission gave guarded support to the Athens prescription. … Read More »
T
he European Union has declared the Greek government must take further initiatives to subdue its debt and budget deficits, and has offered support for carrying that out. … Read More »
The chance of governments defaulting on their loan repayments has imperilled the Euro currency, with stock markets faltering and talk of intervention from Brussels. … Read More »
Wild fires breaking out on the weekend brought Northern suburbs of the Greek capital under threat. … Read More »
Wildfires have returned to Southern Europe, with emergency crews battling large blazes in France, Greece, Italy and Spain, many of them on Mediterranean Islands. … Read More »
The death toll from the bushfires currently plaguing the Australian state of Victoria has officially risen to 201.
The fires have destroyed four major Australian towns and are among the deadliest fires in the last century and a half on world record.
Comparable to such devastating fires as those in Greece, China, France and the US, EU Australia looks back at some of the worst fires to hit our planet. … Read More »
Another week of economic strain has ended with the European Central Bank (ECB) again setting out prospects for a difficult 2009 – and holding off from any change in currently low-pitched interest rates.
The trouble in the economy was expressing itself also in strikes and demonstrations; while European law-makers considered a brace of projects which, crisis or not, would be bringing more aspects of life under one set of laws. … Read More »