Economy
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Steel industry: Taranto and Florange: steelmakers struggle
27 November 2012611PresseuropCorriere della Sera, La Stampa, Il Sole-24 Ore, Libération -
EU budget: Britain’s bluster serves the eurozone well
26 November 201210016 Financial Times London -
Social Issues: Austerity sends Europeans marching in the streets
15 November 2012249124PresseuropEl País, La Repubblica, Público & 2 others -
Germany: Goodbye euro, hello recession
14 November 201258798 Die Zeit Hamburg -
Air travel: Brussels suspends CO2 tax for foreign airlines
13 November 2012388PresseuropDe Volkskrant, El País -
Eurozone crisis: The sick man of Europe is France
12 November 2012199144 Les Echos Paris -
European Union: Belgium’s Genk factory kicks off week of social unrest
12 November 2012572PresseuropLa Libre Belgique -
Estonia: Estonian banks profit from Greek crisis
8 November 2012617PresseuropEesti Ekspress -
Cyprus: EU bailout for Russian oligarchs?
7 November 201240712 Der Spiegel Hamburg -
Spain: Evictions of indebted property-owners called into question
6 November 20124913PresseuropEl Periódico de Catalunya -
Hungary: Orbán’s land war with EU
30 October 2012869 Le Monde Paris -
International trade: We can’t export our way out of the crisis
30 October 201215952 Frankfurter Rundschau Frankfurt -
Car industry: Ford takes the road from Flanders to Valencia
25 October 2012119101PresseuropGazet van Antwerpen, De Standaard, ABC & 2 others -
Eurozone: Mario Draghi tries to cajole Bundestag
25 October 20123321PresseuropDie Welt, Wirtschaftswoche -
Eurozone: Future of ESM in EU court’s hands
23 October 20121692PresseuropThe Irish Times, EUobserver.com -
European Council: Spectre of Spanish bailout
19 October 20127775 El Periódico de Catalunya Barcelona -
European Council: Banking union project fudged
19 October 2012160119 The Daily Telegraph London -
European Council: Hollande launches broadside against Merkel
18 October 2012125113PresseuropThe Guardian, Le Figaro, Der Tagesspiegel -
Italy: Crisis feeds black market for petrol
18 October 2012293PresseuropLa Repubblica -
Spain: IMF calls for end to all-out austerity
12 October 201214719PresseuropEl País -
Eurozone: Monetary union continues its painful progress
11 October 20128146 Le Monde Paris -
Finance : Road clear for Tobin Tax
10 October 20126221PresseuropLa Voix du Luxembourg, Die Tageszeitung, De Standaard -
Eurozone crisis: ESM: a debt making machine
9 October 201223940 Frankfurter Allgemeine Zeitung Frankfurt -
Belgium: Cheap labour feeding a city
4 October 201217013 De Standaard Brussels -
Banks: Brussels wants to separate commercial from investment banking
2 October 20121028PresseuropSüddeutsche Zeitung -
Austerity: Please make austerity more flexible
1 October 20129439 El País Madrid -
Budget: The secret of 3% finally revealed
28 September 201250813PresseuropAujourd'hui en France - Le Parisien -
Eurozone: Surprise — we haven’t escaped the crisis
27 September 201227154 La Stampa Turin -
Eurozone: Germany, Netherlands and Finland in reverse gear
27 September 20129915PresseuropSüddeutsche Zeitung -
Netherlands: Will bankers have to take the oath?
27 September 20121036PresseuropNRC Handelsblad -
Poland: Vanishing dream of prosperity
25 September 201216234 Polityka Warsaw -
France : Qatar steps in to save troubled French suburbs
24 September 20121398PresseuropLibération -
Eurozone: EU prepares giant bazooka
24 September 20125710PresseuropFinancial Times Deutschland, Financial Times Deutschland, Der Spiegel, Kleine Zeitung -
Sweden: Stockholm banks for stimulus, not austerity
20 September 201215219PresseuropSvenska Dagbladet -
Banking: Athens refuses to buy file on tax-evaders
19 September 20121956PresseuropRzeczpospolita -
Russia-Moldova: Must we choose between gas and the EU?
17 September 2012511PresseuropJurnal de Chisinau, Timpul -
Eurozone: Karlsruhe plays it safe
12 September 20125456PresseuropSüddeutsche Zeitung, Frankfurter Rundschau, Die Tageszeitung -
Germany: Karlsruhe court gives ESM breathing space
11 September 2012295PresseuropFrankfurter Allgemeine Zeitung -
Eurozone: Bailout fund under pressure in Germany
10 September 20125710PresseuropSüddeutsche Zeitung, Frankfurter Allgemeine Zeitung -
Eurozone: The independent ECB is dead
7 September 2012174139PresseuropDie Welt, Süddeutsche Zeitung -
Eurozone: Draghi saves the single currency
7 September 2012105135 El País Madrid -
Interview: Paul Krugman: “The euro is a shaky construction”
6 September 201262880 L'Express Paris -
Central and eastern Europe: Oil, industry, energy — the keys to success
5 September 2012481PresseuropHospodářské Noviny -
Eurozone crisis: Bulgaria shelves plans to join the common currency
4 September 20125530PresseuropThe Wall Street Journal Europe, EUobserver.com -
Eurozone: Draghi, the one true statesman
3 September 2012157214 Le Monde Paris -
Banking Union: Make ECB Europe’s bank watchdog, says Brussels
31 August 20123316PresseuropFinancial Times, Les Echos -
Eurozone crisis: Mario Draghi vs Germany continues
30 August 20124585PresseuropDie Zeit, Frankfurter Allgemeine Sonntagszeitung, Il Sole-24 Ore, Die Welt -
Spain: Madrid wants to speed up banking sector clean-up
29 August 2012434PresseuropCinco Días -
France : Measures fail to stem soaring unemployment
28 August 20124733PresseuropLes Echos, Le Monde -
Greece: Berlin and Paris give Athens a last chance
27 August 20123331PresseuropTo Vima, To Ethnos
The EU leaders' failure to find an agreement on the budget is largely symbolic as negotiations concern only a very small part of the Union’s wealth. More important to the EU’s future is the efficiency of the single market and relations between the countries inside and outside the currency bloc. 
Hundreds of thousands of people took part in protests against austerity policies organised in several European countries by the European Trade union Confederation. For the European press, this austerity fatigue should prompt a rethink on the drive to balance public accounts. 
What would happen if Germany left the euro? Economist Gustav Horn of the Hans-Böckler Foundation, which has close ties to trade unions, speculates on what would happen in the days following a German exit from the euro – and on what Germany's most popular euro-critic, Thilo Sarrazin, might also say. 
The German government is increasingly concerned as well as outspoken about France's economic situation and its inability to act. Authorities in Paris are aware of the slump in industry but nonetheless irritated by the German pressure. 
The EU, the IMF and the government of Cyprus are negotiating a 10-billion euro bailout for the country’s ailing banks. Brussels doesn’t want to let the country go bankrupt. But there is a danger that the financial injection could be used to launder dirty money that passes through financial institutions on the island. 
Currently reserved for Hungarians, farmlands will be available for purchase by foreigners from 2014. But as this EU imposed deadline looms, PM Viktor Orbán government is doing all it can to delay it. Meanwhile small farmers are battling with wealthy candidates, often close to sources of political power, for the most attractive lots. 
To come up with the money to pay for its crisis, the eurozone has decided to export at any cost, slashing wages across the union, and courting customers abroad. The problem: that’s exactly what the countries in the Americas and Asia are trying as well. 
The shutdown of the Genk plant announced by the American manufacturer has sent shock waves through Belgium. But in Valencia, Spain, where the production is moving to, Ford is looking forward to the competitive advantage the region offers. 
The banking union agreed by European leaders on 18 October is just one of a set of measures that also includes supervision of national budgets and a greater role for the ECB. And the goal of these manoeuvres is to determine if, and how, Spain will ask for help. 
EU leaders have decided to move forward with a banking union, but much more slowly than they had agreed last June. German procrastination and collective timidity are to blame, laments the Daily Telegraph’s Brussels correspondent. 
With the entry into force of the stability mechanism and the consensus on plans for a banking union, the Eurozone has compensated for the “birth defects” of the single currency, albeit at the price of a widening rift with other member states. 
With the launch of European rescue fund the ESM on October 9, the EU is betraying its founding fathers and their treaties. That it will stabilise the monetary union is also in doubt, laments FAZ, which strongly backs Germany’s policy of stability. 
The slaughterhouses of Anderlecht often use an Eastern European workforce - mainly Romanian - that is underpaid and without a contract. A problem that is linked to their vulnerability and economic imbalances between member states, writes De Standaard. 
Marked by the drive to balance public accounts, the budgets been recently presented by several countries will pave the way for more hard times, and even more recession. To break out of a deficit-austerity vicious circle, spending limits will have to be more flexible, argues the director of Slate.fr. 
After a period of relative truce and some optimism, the markets seem to be back in a mood to dish out more punishment to the shakiest countries in the euro zone, and social tensions are flaring up. Those who thought that the modest changes in policy would solve a structural crisis are gravely mistaken, says an economist. 
Since the beginning of the crisis, the Poles have described their country as a "green island" of prosperity amidst a sea of recession. But the outlook for the coming years is not so rosy, and the country must now develop an alternative development model. 
The verdict came as no surprise: Germany's constitutional court has green-lighted the European Stability Mechanism (the ESM) and so given the euro a future. But the condition attached is that any increase to the bailout fund must meet with German approval. Initial reactions from the German press. 
The debt buyback programme announced by Mario Draghi is a sign of the European Central Bank's subjection to political power, laments the German press, which is alarmed by this new shift in European monetary policy. 
In announcing that the ECB will buy up the debt of countries in distress, Mario Draghi is compensating yet again for the inaction of European leaders. And he is standing up again as the one who is changing the rules of the game – exactly what we needed, rejoices El País. 
To save the single currency beset by difficulties that stem from its initial design, Economics Nobel Prize laureate Paul Krugman argues that Europe should set its sights on low inflation but forget about implementing uniform austerity measures. 
On 6 September, the European Central Bank President is expected to announce that his institution will attempt to resolve the Eurozone crisis by buring Spanish and Italian debt. Notwithstanding German opposition to this decision, Le Monde argues that it has the merit of defining a way forward for Europe.