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Save-the-Euro plan clears a legal hurdle in Germany…

  • February 9th, 2014
  • Posted by EU Australia

EURO DOLLARGermany’s Constitutional Court, at Karlsruhe, came close on Friday to blocking continued joint intervention s by European Union states, to stabilise member countries in financial crisis. … Read More »

EU Crisis Moves for Young Jobless

  • July 6th, 2013
  • Posted by EU Australia

Youth Jobs europaA summit on jobs for young people at Berlin this week (3.7.13) agreed to expand and speed up spending on special assistance, boosting it 25% to €8-billion (A$11.3-billion; xe.com, 6.7.13).. … Read More »

EU Heads Meet: Decisions On All Fronts

  • March 17th, 2013
  • Posted by 7thmin

council-building.jpgThe March summit of the European Union this year (14-15.3.13) took on the appearance of a working meeting, more than a crisis gathering;  perhaps a sign that the governments involved, though far from free of the financial crisis, have got the hang of handling it. … Read More »

Scourge Of Unemployment

  • January 12th, 2013
  • Posted by EUEditor

eu-money-symbol-coins2.jpgCOMMENTARY: European jobless figures for the closing months of 2012 have produced a shock of realisation about the hardships and deep uncertainties of getting out of depression and financial crisis. … Read More »

COMMENTARY: G20 And EU, Juggling Tight Money And Growth …

  • June 18th, 2012
  • Posted by 7thmin

eu-symbol-coins2.jpgThe world economic summit during 18-19.6.12 at Los Cabos, Mexico, has focused on Europe, with preferences clustering around the idea of partnering tight money policies, with ones supporting growth. … Read More »

May Day Protests: Crisis Brings A Big Turn-out …

  • May 2nd, 2012
  • Posted by EUEditor

may-day-euronews.jpg may-day-trust-spain.jpg may-day-trustorg.jpg“The social consequences of the global financial crisis are dire — especially in Europe’s peripheral regions — and painful austerity measures to reduce deficits and debt are aggravating this harsh reality.”

So says Laszlo Andor, the European Commissioner for Employment, Social Affairs and Inclusion, in a commentary for May Day 2012.

It has been no ordinary day for celebration of trade union achievements and show of solidarity.

The parades in Europe have been big, enacted as demonstrations against harsh impacts of austerity policies, especially high employment – a sequel to the global financial crisis and public debt crises that followed. … Read More »

Tight Times; Moody’s Moves

  • February 14th, 2012
  • Posted by EUEditor

eu-money-symbol-coins.jpgAmid the fighting in Greece over hard times and hard decisions on the budget, and as European Finance Ministers readied for their latest deliberations on debt (see EUAustralia Online, “Athens Pain”, 14.2.12) another credit agency has set up an amber light on investing in Europe.    … Read More »

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