Cyprus: ‘Merkel’s pawn considers Cypriot haircuts elsewhere’
The Spanish daily has harsh words for the President of Eurogroup who prompted a slump in European markets and a spike in risk premiums for countries such as Spain and Italy on March 25. In an interview...
View ArticleCyprus: ‘Cyprus avoids being expelled from Eurozone’
As a result of the March 25 agreement on the Cypriot bailout, "Cyprus could definitively lose its role as an offshore financial centre," writes the Moscow daily. Certainly, it will be viewed negatively...
View ArticleLatvia: Cypriot crisis is a boon for “Switzerland of the Baltic”
“For Russian businessmen and savers seeking a new bridgehead in the eurozone, Latvia is an ideal choice,” writes Martin Ehl in Hospodářské noviny. The political analyst reminds the newspaper’s readers...
View ArticleDebate: The “Latin Empire” should strike back
Libération, Paris – Italian philosopher Giorgio Agamben has revived the idea of a union of Southern European countries, a proposal first launched by another philosopher, Alexandre Kojève, just after...
View ArticleCyprus: ‘A dribble of cash’
Cypriot banks are scheduled to open on March 28 at noon local time, after being shut for 12 days while a bailout plan for Cyprus was devised. "Special security measures were taken" to avoid a bank run,...
View ArticleEurozone crisis: ‘Europe agonises over the crisis’
The Cyprus bailout package, is "difficult, painful and chaotic for Europe," says the Vienna daily, but adds that there is reason for "a little optimism: the euro works." The deficit of the eurozone...
View ArticleEU-Russia: Brussels’ Cyprus slip-up
Lidové noviny , Prague – The EU's Cyprus solution reveals how it wants to limit Russian influence in the Mediterranean and crack down on international tax havens. While the rescue plan may be a victory...
View ArticleEurozone crisis: Time to abolish the tax havens
El País, Madrid – The Cyprus crisis has shone a spotlight on the special tax status of the island in the eurozone. That status, though, is not very different from that of other European countries, like...
View ArticleAustria: ‘Banking secrecy: Faymann ready for talks’
“Measures against tax havens and tax evasion are on the agenda. Austria is expected to align itself with Switzerland and Luxembourg, whose minister of finance has stated that he is ready to make...
View ArticleSlovenia: Cyprus syndrome looms over Ljubljana
After Cyprus, will the next victim of the banking crisis be Slovenia, as has been feared for several months? While the situation of the Slovenian banks is indeed worrisome, “the OECD and the European...
View ArticleGreece: ‘Dangerous Dawn’
“Greek democracy is in danger,” says the Council of Europe Commissioner for Human Rights, Nils Muiznieks, who has published a report following his visit to Greece earlier this year. Muiznieks, who...
View ArticleCyprus: ‘Tough dilemma with only one choice’
On April 30, the Cypriot parliament is expected to approve by a narrow majority the memorandum signed with the EU-ECB-IMF troika of international creditors and the corresponding agreement for €10bn...
View ArticleEurozone: ‘ECB: what is the reason for the lower rate?’
At meeting in Bratislava on May 2, the governing council of the European Central Bank is expected to cut the ECB’s key interest rate, from 0.75 per cent to 0.5 per cent or less. The decision, which has...
View ArticleBanking crisis: ECB wants to finish the clean-up
“Now that the Eurozone crisis is over, time to finish the job with the banks,” announces the front-page of NRC Handelsblad, in the wake of the European Central Bank President Mario Draghi’s May 11...
View ArticleMinorities: For George Soros, Roma are victims of the crisis
“The situation of the Roma [in Europe] amounts to the most serious case of ethnic discrimination and exclusion,” claims George Soros, in an interview with Romanian weekly Dilema Veche. The American...
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