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Amid 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 »
Croatians voted on Sunday to becomes the 28th member country of the European Union.
The voter turn-out was low at 44% but the decision emphatic, with 66% saying yes to ac cession, which is to take place in July next year, once the existing member governments have ratified it.
The 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 »
Over 50000 protesters were out on Saturday in Belgrade, backing demands from the nationalist opposition for an early resignation by the Serbian government.
Similar large numbers were appearing on the streets of Zagreb in Croatia, decrying the conviction of two former Generals at The Hague, for war crimes. … Read More »
Still fielding certain major initiatives – its aid to Pakistan flood victims, a new tilt at peace in the Middle East, and a plan to control criminals operating across borders – the EU announced its annual August shut-down. … Read More »
In hockey, Australia – the Kookaburras — have had their third straight win in the international Men’s Champions Trophy being played in Germany, defeating England 3-2 (3.8.10); in men’s basketball, Slovenia won the final of a major event staged in China, the Stankovic Continental Cup, defeating Australia — Boomers– 71-60 (1.8.10). … Read More »
COMMENTARY: The 20th anniversary of the fall of the Wall was celebrated globally and commemorated for its international meanings, beyond the borders of reunited Germany. … Read More »