God, banks and the EU financial crisis
As European markets are fleeced by the US mortgage yak, institutions plunge, member states show levels of ‘unEuropean’ solidarity and citiziens scramble for their savings. ‘The only solid reality is the word of God’, Pope Benedict pipes in - we might just be finding out this autumn. Amen
No bonuses for bankers in Paris, London and Milan
The impact of the American property bubble has affected the professional lives of generations of bankers. Without bonuses or even a job, life is about getting accustomed to the rhythm of the global market
Dublin’s shops, restaurants and media dress for recession
On 25 September, the Irish economy saw negative growth for the second quarter in a row. It’s the first of the fifteen eurozone members to slide into a predicted one year recession, and the first to ‘go it alone’ without the EU’s rescue
Nicolas Véron: 'Using money to save financial institutions is still a shocking concept'
The economic crisis could well see a change in European political order. It could also provide left-wing political parties with the perfect opportunity to prove themselves, considering the European elections taking place in 10 months time.
Expresso: Europe's hard core at the G4 in Paris
Olivier Duhamel, managing editor of the quarterly magazine 'Pouvoirs' and radio columnist for France Culture, analyses the French strategy for dealing with the current financial crisis. To act quicker, should European summits be restricted to a few key states, like Germany, Italy and the UK?
angela merkel, eudebate2009, european elections 2009, economy
The 2008 economic crisis explained
These trying times for Europe’s economy have been driven by two main factors, neither of which were created by Europe. Now there is little the continent can do but wait and hope external factors change
