Tag Archives: Europe

Ukraine looks to Europe for gas as Russia ups pressure

Ukraine said on Friday it would turn to Europe for gas and won a promise of help from Brussels after Russia warned it could cut supplies over Kiev’s refusal to pay Moscow’s “political, uneconomic price” for supplies. Presenting a united front a day … Continue reading

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Europe strikes deal to push cost of bank failure on investors

The European Union agreed on Thursday to force investors and wealthy savers to share the costs of future bank failures, moving closer to drawing a line under years of taxpayer-funded bailouts that have prompted public outrage. After seven hours of … Continue reading

Posted in Editorial, Financial | Tagged , , , | 1 Comment

Soros Fears ‘Rebellion’, Warns “The Euro Could Destroy The EU”

Asked what kind of change is needed, Soros said, “Germany needs to realise that the policy it impose on the euroarea – the austerity programme – is counter-productive. It cannot actually succeed. At the moment they [the South] is being pushed … Continue reading

Posted in Civil Unrest, Editorial, Financial | Tagged , , , | 1 Comment

Europe’s Scariest Heatmap

Readers already know that when it comes to Europe, the scariest chart, from a political, economic, financial and social perspective, is that showing youth unemployment – youth, which engaged in idle, non-productive activity is a powder keg for both future economic … Continue reading

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Interactive Map Of Europe’s Recessionary Tide

Courtesy of Zerohedge and Reuters: As noted earlier, and in the aftermath of both the UK and Spain officially double dipping, very soon a majority of Europe will be submerged under the latest recessionary tide which has already engulfed Spain, UK, … Continue reading

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European Confidence Tumbles To November 2009 Levels, Euro-Wide Double Dip Inevitable

An analysis of the European Union’s slide into recession: Following this week’s ongoing battery of abysmal economic news out of Europe it will hardly come as a surprise that yet another indicator has been released and is pointing to a … Continue reading

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