Category Archives: European Sovereign Debt Crisis (2010- )

Lens Blog: Angelos Tzortzinis’s Photos of Growing Desperation in Greece

Posted on May 24, 2013 by By LIZ ALDERMAN

The perils of a drawn-out debt crisis are imprinted on Greece’s younger population, whose unemployment numbers are soaring, and who are selling their bodies for money and turning to a dangerous, cheap new street drug for escape.
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Posted in Angelos Tzortzinis, Athens, Drug Abuse and Traffic, Economic depression, European sovereign debt crisis, European Sovereign Debt Crisis (2010- ), Greece, Liz Alderman, National Center for Social Research, Omonia, Photography, Prostitution, Showcase, Unemployment, World news | Comments Off

Swiss Banking Secrecy Under Pressure From Europe

Posted on May 24, 2013 by By RAPHAEL MINDER

European Union officials, having won concessions from bloc members Luxembourg and Austria over banking rules, are expected to turn their focus to Switzerland.
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Posted in Banking and Financial Institutions, Europe, European Sovereign Debt Crisis (2010- ), European Union, HSBC Holdings PLC|HBC|NYSE, Switzerland, tax evasion, UBS AG|UBS|NYSE, World news | Comments Off

German Social Democrats Celebrate Anniversary

Posted on May 24, 2013 by By MELISSA EDDY

The Social Democratic Party of Germany has a storied past, but a cloudy future, with polls showing it trailing behind the center-right Christian Democratic Union.
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Posted in Elections, European Sovereign Debt Crisis (2010- ), Germany, Hollande, Francois, Merkel, Angela, Polls and Public Opinion, Social Democratic Party (Germany), World news | Comments Off

European Commission Tables Olive Oil Rule

Posted on May 23, 2013 by By JAMES KANTER

A plan by the European Commission to bar restaurants from serving olive oil in cruets or dipping bowls was rescinded after some members expressed outrage.
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Posted in Europe, European Commission, European Sovereign Debt Crisis (2010- ), European Union, Lobbying and Lobbyists, Olive Oil, Olives, World news | Comments Off

Germany Works to Curb European Youth Unemployment

Posted on May 22, 2013 by By MELISSA EDDY

The German finance and labor ministers signed agreements with their counterparts in Portugal and Spain this week, hoping to get young people into jobs.
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Posted in European Sovereign Debt Crisis (2010- ), Germany, Labor and Jobs, Portugal, Spain, Unemployment, World news, Youth | Comments Off

In Europe, a Fed President Urges Quantitative Easing

Posted on May 22, 2013 by By JACK EWING

James Bullard, a member of the Federal Reserve’s policy committee, warned Europe of becoming trapped in the economic stasis from which Japan is only now emerging.
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Posted in Bullard, James B, Economic Conditions and Trends, European Central Bank, European Sovereign Debt Crisis (2010- ), Federal Reserve Bank of St Louis, Japan, Quantitative easing, World news | Comments Off

The Saturday Profile: Olli Rehn Tries to Shed ‘Austerity’ Label

Posted on May 18, 2013 by By ANDREW HIGGINS and JAMES KANTER

Olli Rehn, the European Union’s top economist and a focus of anger across Europe against harsh belt-tightening policies, says he is not a doctrinaire adherent to austerity measures.
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Posted in Economic Conditions and Trends, Economics (Theory and Philosophy), Europe, European Commission, European Sovereign Debt Crisis (2010- ), European Union, Keynes, John Maynard, Rehn, Olli, World news | Comments Off