European stability pacts (ESM EFSF EFSM SGP)
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End of the line for the euro 2/4: Trundling towards doom
15 August 201183 Le Monde Paris -
Debt crisis: Final summer holiday for the euro?
5 August 201121215 La Repubblica Rome -
Debt crisis: Cautious optimism over Ireland's future
21 June 2011PresseuropIrish Independent -
Debt crisis: Permanent stability mechanism unveiled
20 May 2011331PresseuropLa Stampa -
Slovakia: Has the euro been worth it?
16 May 2011481 Týždeň Bratislava -
Eurozone: Finns to decide fate of euro rescue
15 April 20112PresseuropFinancial Times Deutschland, Financial Times Deutschland -
Eurozone crisis: The dangerous game of bailing out
14 April 2011818 Týždeň Bratislava -
Debt crisis: Berlin fears cost of bailouts
13 April 20111PresseuropHandelsblatt -
Portugal : Portuguese banks call for foreign aid
6 April 20111Presseuropi -
Greece: Rating agencies attack Athens again
30 March 2011PresseuropI Kathimerini -
Debt Crisis: Eurozone, where the cold shoulder is king
19 January 2011773 The Guardian London -
Euro: Berlin wants to control it all
18 January 20111PresseuropEl País -
Bertrams: Rescue Fund
17 December 201025 Het Parool Amsterdam -
Eurozone crisis: The banks will chip in… a bit
29 November 2010401 Presseurop -
Eurozone crisis: And so to Portugal...
23 November 201093 Público Lisbon -
European Council: They’re leading us to the abyss
28 October 2010451 El País Madrid -
Euro: Easy does it, Nanny Merkel
27 October 2010522 Süddeutsche Zeitung Munich -
Stability Pact: Merkel stands alone
26 October 2010PresseuropFinancial Times Deutschland, Financial Times Deutschland -
Stability pact: Fury over Merkel/Sarkozy putsch
22 October 2010PresseuropLa Tribune -
Stability Pact: The Merkel / Sarkozy hijack
20 October 2010190 The Guardian London -
Stability Pact: Devil is in the detail
19 October 2010PresseuropIl Sole-24 Ore -
Stability pact: That figures
18 August 2010PresseuropPúblico -
European Council: Sarkozy, the new king of Europe
12 May 2010822 Berliner Zeitung Berlin -
Economic crisis: Tough love for the Greeks
26 January 20103 La Stampa Turin -
Finance: Euro in hot water
19 January 2010261 Die Zeit Hamburg
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Le Monde's fictional series 'The end of the euro” continues. After the German constitutional court invalidates the euro stability mechanism, the 27 member states seem resigned to the idea that one of their number will default. Charles Leesby of the Irish Times finds himself attending another midnight conference on the fate of the euro …
The slow response of European bureaucracy and Germany’s stubborn refusal to accept the sole remedy that can save the euro and Europe — collective management of public debt and an end to national sovereignty in budgetary policy — could effectively sink the euro.
Adopted just before the financial crisis hit, the single currency is still seen as the recipe for prosperity by most Slovaks. But many economists are beginning to wonder if Bratislava made the right choice.
After Greece and Ireland, now it's Portugal's turn. But isn't helping out indebted countries with the money of other indebted countries going to kill the euro? A Slovak columnist doesn't understand just what the EU is playing at.
With Portugal seemingly poised for a humiliating EU/IMF bailout and talks on an expansion of the stability fund, tensions within the Eurozone are on the rise. Squabbling between leaders and "Europe's big communication problem" is partly to blame.
In addition to putting together a rescue package for Ireland, eurozone leaders have decided to rope the private sector into contributing to sovereign bailouts from 2013. A step in the right direction, lauds the press, but the crisis isn’t over yet.
Now that Ireland has been handed its rescue package, Portugal is on tenterhooks, waiting to see whether markets will ease up the pressure or not. Definitely not, warns the daily Público, till they see fiscal rigour.
In Brussels, 28/29 October, France and Germany will try to persuade their EU partners to modify some of the EU's cornerstone texts in order to create a culture of budgetary rigour. A simplistic and useless idea, according to a Spanish editorialist.
Angela Merkel tells it like it is. That's the problem. Her plan to push through penalties for overindebted states at the 28 October European Council meeting is a good one, says Die Süddeutsche Zeitung. But it is also guaranteed to put the backs up of many members states, who will see an over-dominant Germany behind her good sense.
Ahead of the EU summit to stabilize the troubled euro, the French president and German chancellor not only agreed on new budget rules, but have also called on reopening the Lisbon Treaty. A stitch-up, mutter officials at the Commission.
The EU is not what it was before, especially from Berlin’s perspective. The financial crisis and the euro rescue parachute have changed the Union from top to bottom. The German taxman has failed. From here on in, writes the Berliner Zeitung, the French take the helm.
Teetering on the brink of bankruptcy, Greece is proving to be a major headache for the European Union. Writing in La Stampa, economic analyst Franco Bruni argues that to save the credibility of the single currency, the Union needs to centralise policy, even to the point of over-riding national autonomy on economic issues.
Germans’ favourite countries for holidaymaking are going broke. And Europeans will have to foot the bill for the worst debtors, explains Die Zeit, lest they become the next dominoes to teeter and topple into financial chaos.