EU Australia Online - News & information from the capital of Europe direct to Australian businesses

Archive for 'Portugal'

Next Page »« Previous Page

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 »

Ratings Hit Against Euro States: Some Impacts …

  • January 16th, 2012
  • Posted by EUEditor

eu-money-symbol-coins.jpgThe start of the business week on Monday saw impacts of the “Black Friday” lunge at European creditworthiness, by a leading US credit ratings firm.

The company, Standard and Poor’s, down -graded nine members of the 17-member Eurozone group, in its Sovereigns Ratings List, on 13.1.12. … Read More »

Share Markets Slump; Fears For Economy …

  • August 7th, 2011
  • Posted by EUEditor

us-dollar1.jpgeu-money-symbol-coins.jpg The business week that ended on Friday (5.8.11) saw stock markets slump, the European debt crisis getting worse, and widespread fears of a failure of economic recovery on both sides of the Atlantic.   … Read More »

Greek Vote On Crisis

  • June 22nd, 2011
  • Posted by EUEditor

athens-and-parthenon.jpgThe Greek government has won a confidence vote in parliament that has enhanced the chances of the EU budget bail-out continuing. … Read More »

Portugese Vote

  • June 8th, 2011
  • Posted by EUEditor

lisbon-1.jpgVoting in the Portugese elections (5.6.11) produced a clear victory for the centre-right Social Democratic Party, mandating a privatisation and government austerity program. … Read More »

“Me Too”: EU Ambassador Agrees On Shelving The CAP War

  • May 14th, 2011
  • Posted by EUEditor

david-daly-2-reduced2.jpgThe European Union’s Ambassador to Australia, David Daley, has echoed his Australian counterpart in Brussels, in pronouncing the final end of conflict over trade in agriculture. … Read More »

Next Page »« Previous Page