Economy
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Germany: German jobseekers no longer get preference
2 December 20101PresseuropHandelsblatt -
Eurozone crisis: The banks will chip in… a bit
29 November 2010401 Presseurop -
Eurozone: Ireland's crisis is Greece's opportunity?
29 November 2010PresseuropTa Nea -
Eurozone crisis: Ireland bitter about €85 billion plan
29 November 20101PresseuropIrish Independent -
Eurozone crisis: EU piles up pressure on Spain
26 November 2010PresseuropLa Vanguardia -
Debt crisis: And lest we forget... Romania
26 November 2010PresseuropAdevărul -
Debt crisis: Angry Belgium denies crash rumours
26 November 2010PresseuropDe Morgen -
Eurozone crisis: Can’t have your Guinness and drink it
26 November 20101051 Le Monde Paris -
Austerity : Rage spreads across Europe
25 November 2010PresseuropPúblico -
Debt crisis: Slovaks fear a eurozone house of cards
25 November 2010PresseuropSME -
Economy: The mess at the heart of the euro
24 November 2010119 Les Echos Paris -
Eurozone crisis: Speculators swoop on Spain
24 November 2010PresseuropPúblico -
Eurozone crisis: And so to Portugal...
23 November 201093 Público Lisbon -
Spain: Dublin dunked, now make for Madrid
23 November 2010PresseuropEl Mundo -
Eurozone crisis: What now for Ireland?
22 November 2010271 Irish Independent Dublin -
Subsidies: New CAP to occupy middle ground
19 November 2010PresseuropLibération -
Ireland: IMF/EU Men in Black have a face
19 November 2010PresseuropThe Irish Times -
Eurozone Crisis: Merkel is no Marshall
19 November 20101PresseuropHandelsblatt -
Austerity: Athens eager for punishment
19 November 20101PresseuropTa Nea -
Eurozone crisis: How Portugal popped its cork
18 November 201092 Il Foglio Milan -
Irish crisis: EU & IMF's men in black arrive in Dublin
18 November 20102PresseuropEUobserver.com -
EU Budget: If the CAP fits, wear it
18 November 201047 Svenska Dagbladet Stockholm -
Eurozone crisis: Let them go bust
17 November 20101121 Der Standard Vienna -
Irish Crisis: And what about democracy?
17 November 201024PresseuropThe Wall Street Journal Europe -
Eurozone crisis: In Portugal too, the glass is half empty
17 November 2010Presseuropi -
Eurozone crisis: Bail out Ireland, but not its elites
16 November 2010652 The Irish Times Dublin -
Eurozone crisis: The bailout that isn’t a bailout
15 November 2010PresseuropIrish Independent -
Fishing: Sweden and Denmark lock horns
15 November 201011PresseuropGöteborgs-Posten -
Debates: Mind the pay gap
15 November 20102122 The Times London -
Debt crisis: All hope lost on the good ship Euro?
12 November 20101253 Presseurop -
Debt crisis: Spanish fears amidst Irish black humour
11 November 201021PresseuropEl País -
France: Top companies living off state handouts
10 November 2010PresseuropLibération -
Economic crisis: Portugal bonds cross dreaded 7% mark
10 November 2010Presseuropi -
Internet: Italy, the broadband slowcoach
10 November 2010PresseuropWired Italia -
Air travel: Battling with Russia for open skies
5 November 201016PresseuropDziennik Gazeta Prawna -
Portugal: Brussels down on national labour law
5 November 2010PresseuropDiário de Notícias -
Austerity: Pity the poor civil servant
27 October 2010129 Il Foglio Milan -
Stability Pact: Merkel stands alone
26 October 2010PresseuropFinancial Times Deutschland, Financial Times Deutschland -
European Central Bank: Franco/German tussle at top of ECB
25 October 2010PresseuropHandelsblatt -
Austerity: Unions head for Judgement Thursday
25 October 2010PresseuropRzeczpospolita -
Netherlands: EU court rules against unscrupulous bosses
22 October 2010PresseuropDe Volkskrant -
Stability pact: Fury over Merkel/Sarkozy putsch
22 October 2010PresseuropLa Tribune -
Press review: Thatcher heirs make the dream come true
21 October 2010631 Presseurop -
United Kingdom: Paris calling, but why not London?
21 October 20102702 The New York Times New York -
Stability Pact: The Merkel / Sarkozy hijack
20 October 2010190 The Guardian London -
France: Are things getting out of control?
19 October 2010821 Presseurop -
France: This isn't just about pensions
19 October 20102011 Frankfurter Rundschau Frankfurt -
Stability Pact: Devil is in the detail
19 October 2010PresseuropIl Sole-24 Ore -
Portugal: Pension reform can wait
19 October 2010PresseuropJornal de Negócios -
San Marino: Death of a tax haven
18 October 201063 La Stampa Turin
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.
The euro is undoubtedly weakened by the Irish and Greek crises but, on international markets its value remains assured and it warrants being defended, argues French leader writer Alain Frachon from the daily newspaper Le Monde.
Writing for Les Echos, a French economist notes that the differences in how EU member states manage their budgets, pay scales and tax and welfare systems, relatively unimportant during prosperous times, have led to a lack of cooperation and solidarity in response to the current crisis.
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.
After a week of denial, the Irish government finally admitted on 21 November that it has requested a formal bailout from the EU/IMF. A humiliating failure, argues the Irish Independent leader, but also a chance to recover national pride and confidence.
The woes of crisis-stricken countries are not only due to international speculation and mismanagement of public finances, but also to their inability to create wealth. That’s what happened in Portugal, which never really adapted to the euro.
On 18 November, the European Commission will present outline proposals for the reform of the Common Agricultural Policy. The main objective: to restore a balance in the sharing of costs and subsidies.
Greece is building new mountains of debt. Ireland is expecting to go to the wall. Europe’s taxpayers fear they’ll have to club together again for another bailout. Things can’t go on like this, fumes Der Standard. Investors have got to pay their fair share of state and bank bailouts.
With the Irish debt crisis top of the agenda as finance ministers gather in Brussels, Irish columnist Fintan O’Toole warns that a bailout for the economically crippled country cannot work without a shake-up of its political institutions.
Both on the left and right, consensus in growing that the ever widening gap between executive pay and ordinary wages is squeezing out the middle class, and undermining our democracies, writes Times columnist Anatole Kaletsky.
Not since the Greek crisis in the spring of this year has one country appeared so vulnerable to negative market sentiment. With an Irish bailout an increasingly likely prospect, the European press worries about the consequences for other members of the EU.
They used to have it made — nice easy work, good pensions and job security — but the swingeing cuts that have come with the crisis threaten to end forever the cushy life of Europe's fast-disappearing civil servants.
While Britain’s left leaning press is howling at the sheer scale of Chancellor George Osborne’s €91.5 billion cuts, conservatives are praying that this scaling back of the state will quickly lead to growth.
While millions are taking to the streets of France to protest against the Sarkozy government’s proposed raising of retirement age, England, once the scene of anti-Thatcher riots in the nineties is quiet as her heirs in the Cameron adminstration implement the severest cuts in living memory.
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 campaign against pension reform has provided a catalyst for other movements that are less easily controlled. Now that marching workers have been joined by huge numbers of secondary school students, the French press worries about a situation that could soon get out of hand.
What with service stations out of petrol, protesters setting cars on fire, schools closed, the mass demonstrations against the pension reform are plunging France into chaos. But it’s not just about pensions: the people are up in arms about what many consider an unjust system.
Hitherto deemed a safe haven beyond the taxman’s clutches, this tiny republic in the foothills of the Apennines has been hard hit by the economic crisis and the Italian clampdown on capital flight.