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European Commission

This tag is associated with 17 posts

Another bail-out of European banks

Another week, another round of austerity – and another bail-out of the banks in Europe. Greece’s parliament this week passed austerity measures linked to the receipt of crucial bailout funds to prevent the government from defaulting by mid-July. Two bills authorized a Euros 78 billion (£70 billion) package of budget cuts and asset sales. Under … Continue reading

A tricky year ahead

By Tom Gill WHILE most of the Bolognesi were crowding into the shops, piazzas and narrow medieval streets of this northern Italian city making final preparations for Christmas, not all the locals were sharing in the festive spirit. Romano Prodi, a former economics professor at Bologna’s 11th century university and long-time resident, was not his … Continue reading

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