Saturday, May 26, 2012
International

Fiscal Pact Referendum: 'A Decisive Moment' for Ireland in Europe

Fiscal Pact Referendum 'A Decisive Moment' for Ireland in Europe

SPIEGEL ONLINE - February 29, 2012

Irish Prime Minister Enda Kenny has announced his country will hold a referendum on Europe's fiscal pact. A "no" vote in Ireland could cause uncertainty on the financial markets and even put the future of the common currency in doubt. But with the country still dependent on EU aid, the Irish can't afford to say no. By Carsten Volkery in London more... Forum ]

Winning Merkel's Praise: Amid Quiet Suffering, Irish Pave Road to Recovery

Winning Merkel's Praise Amid Quiet Suffering, Irish Pave Road to Recovery

SPIEGEL ONLINE - November 15, 2011

Ireland, which has received billions in aid from the European Union and the International Monetary Fund, is setting the example for how to make painful cuts to get the country back on track in the debt crisis. But the success of the country's rescue will also hinge on economic developments in Europe and the United States.   By Marco Evers more... Forum ]

Debt Quicksand: Europe Fights the Growing Currency Crisis

Debt Quicksand Europe Fights the Growing Currency Crisis

SPIEGEL ONLINE - July 14, 2011

For a while, Europe's common currency crisis seemed to be cooling down. But this week Italy joined other debt-ridden euro-zone countries in the crosshairs of the financial markets. Europe's indebted nations are fighting to get their houses in order -- with some success. By Carlo Angerer, David Böcking and Yasmin El-Sharif more...

Darkening Clouds: Irish Debt Downgraded as Euro Worries Spread

Darkening Clouds Irish Debt Downgraded as Euro Worries Spread

SPIEGEL ONLINE - July 13, 2011

Just one week after downgrading Portuguese debt to junk status, the rating agency Moody's has slashed its rating of Irish debt. The move comes despite growing official anger in Europe at the power of the big three rating agencies. But a new aid package for Ireland, Moody's believes, may be unavoidable. more...

Fighting (for?) Europe: How European Elites Lost a Generation

Fighting (for?) Europe How European Elites Lost a Generation

SPIEGEL ONLINE - June 23, 2011

The European Union is in bad shape. Not only is the common currency in a shambles and the economies of many member states moribund, but young Europeans no longer see how the EU helps them. Millions of them are taking to the streets to demand a future. By SPIEGEL Staff more... Forum ]

The Hidden Cost of Saving the Euro: ECB's Balance Sheet Contains Massive Risks

The Hidden Cost of Saving the Euro ECB's Balance Sheet Contains Massive Risks

SPIEGEL ONLINE - May 24, 2011

While Europe is preoccupied with a possible restructuring of Greece's debt, huge risks lurk elsewhere -- in the balance sheet of the European Central Bank. The guardian of the single currency has taken on billions of euros worth of risky securities as collateral for loans to shore up the banks of struggling nations. By Matthias Brendel and Christoph Pauly more... Forum ]

Guinness Diplomacy: 'O'bama' Goes Back to His Roots at Start of European Visit

Guinness Diplomacy 'O'bama' Goes Back to His Roots at Start of European Visit

SPIEGEL ONLINE - May 23, 2011

Three-percent Irishman "Barack O'Bama" began his European visit at his ancestral home in Ireland on Monday. The US president is using the tour to generate important photos for his re-election campaign. But his meetings with the leaders of Britain and France are also aimed at boosting the Atlantic alliance. more...

Queen Elizabeth in Ireland: Royal Charm Offensive Has Irish Eyes Smiling

Queen Elizabeth in Ireland Royal Charm Offensive Has Irish Eyes Smiling

SPIEGEL ONLINE - May 18, 2011

Her outfit was a symbolic green, and a rare smile was planted firmly on her face -- Queen Elizabeth II made all the right gestures at the beginning of her state visit to Ireland. But a fear of violence continues to overshadow the four-day stay. By Carsten Volkery more...

New Euro Threat Emerges: Irish Banks Fail Stress Tests

New Euro Threat Emerges Irish Banks Fail Stress Tests

SPIEGEL ONLINE - April 01, 2011

Ireland's banks performed so badly in the latest EU stress tests that the country's last remaining major independent financial institutions will likely be nationalized. The entire banking sector is set to radically shrink, but that might carry significant risks for Ireland's European partners. By Carsten Volkery more... Forum ]

Castles in the Sky: The Fundamental Problem with Efforts to Save the Euro

Castles in the Sky The Fundamental Problem with Efforts to Save the Euro

SPIEGEL ONLINE - March 30, 2011

In the battle to save its common currency, Europe is too busy focusing on the same old failed policies. Rather than set aside ever higher sums for bailouts, the bloc needs to set up an independent institution to oversee the debts of EU nations. An Essay by Michael Sauga more... Forum ]








 
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