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financial crisis
Papademos and Monti, Super Mario Bros vs markets
Lucas and Mario, the new independent prime ministers for Greece and Italy, have been delivered in advance for christmas in what has been a historic November for crisis-riddled Europe. The Swiss, Dutch, French, Spanish and local press blow a wind of caution concerning having technocrats in power
financial crisis, italy, politics, greece, economy, euweek, economical crisis
Eurozone: Greece’s junk in Europe’s trunk
Were there no single currency, a resolution may be more tricky for a country like Greece. The European union holds an 'extraordinary summit' on finding a solution to this financial crisis on 21 July; a second bailout package is under negotiation
financial crisis, politics, germany, greece, economy, economic and monetary union, euweek
EU budget: yubitsume for UK, Sweden, Netherlands and Denmark?
Negotiations on the EU budget in Brussels have met with resistance and run aground, meaning there is no budget for 2011. The Polish, German and Italian press complains that this wrangling for power blocks important new projects in the EU
financial crisis, politics, economy, euweek, budget européen
Jerome Kerviel: Europe’s poorest man
Will the 33-year-old really pay back 4.9 billion euros - that's 170, 000 years of his former salary. Is Societe Generale going to reduce the gigantic sum for this black sheep? Or will his future children be slaves to the banks and have to keep paying off their unhappy inheritance for generations to come?
financial crisis, money, paris, prison, economy, world financial crisis, economical crisis
Join the family business in Crete
According to a study conducted by Philomila Tsoukala, a lecturer at Georgetown University, 75% of Greek companies are family-owned, and even then, youths start earning a living between the ages of 30-35. What's going on?
financial crisis, eucrisis on the ground, greece, tourism, youth, european media, media
Greece crisis: profiling rich, scot-free yacht-owners
The economic flavour of the Greek crisis tastes different for those on top - the shipowners, the yachting association bosses - than the diet prescribed for the masses. In Athens though, the latter rage against the state rather than the privileged classes. Lucky richies
financial crisis, eucrisis on the ground, money, protest, corruption, greece, economy
Athens in video: German cliches on the Greeks
A Berlin-based Italian video journalist heads to the Greek capital to film social reality under the stranglehold of the crisis. A series of opinions range from Germano-Greek tensions to the weakness of the Greek state, as well as ideas for future solutions. Watch the ten-minute video in two parts (in English with French subtitles)
financial crisis, eucrisis on the ground, germany, greece, europe, european media, media
Crisis viewed by Albanians in Athens
Is crisis old news for members of the largest, best-integrated minority in the Greek capital? Some feel the Greeks are experiencing the same woes that they went through six years ago
financial crisis, eucrisis on the ground, politics, greece, youth, albania, economical crisis
Greece crisis: lowdown on Germany's role, US credit agencies and more
Interview with French economist Céline Antonin ahead of the eurogroup summit on 7 May, where the attendees should confirm their €110 billion financial aid package to Greece, and the three burning questions arising from the crisis which also apply to the European union
financial crisis, stability and growth pact, politics, fmi, germany, greece, euro
Vilnius, crisis from beginning to end
Does crisis come in twos? There's always a definite serving of anger, often directed against 'the others'. It might come in threes too, because apathy is never far behind, which in the darkest of cases can lead to the deliberative loss of one's own life – why does Lithuania have the highest suicide rate in Europe? Less dramatically, it can force the fresher, younger ones to emigrate for brighter horizons. When six pan-European journalists spent a few days under the watchful eye of an Icelandic volcano in Vilnius in April, they encountered these different facets of the economic crisis (Image: ©Pablo Pecora – PnP!/ Flickr)
Budapest: stand-up comedy and playback theatre 'cures' crisis
It's an American pursuit gaining momentum in central Europe. Young comedian Balàzs Hajdù explains why he might eventually have to leave his job, and a doctor explains how theatre helps cure his patients
financial crisis, eucrisis on the ground, civil society, hungary, culture, budapest, economical crisis
Social lending: Noba.hu and the problematic Hungarian 'peer to peer' system
Since their emergence in 2005 'person to person' or 'p2p' lending platforms have become an increasing global alternative to conventional banking. But Hungary's version of the online banking model has found its ability to make the concept financially appealing to potential clientele stifled by Hungarian law
financial crisis, eucrisis on the ground, money, bank, hungary, budapest, economical crisis
The bleak Greek crisis: Europe's hardship sic Europe's hope
Good morning, Europe! Will you be saving the debt-mired Greece today? We're going to find out at the EU summit, which takes place in Brussels between 25 and 26 March. The Greek crisis has divided the European political and media landscape because it most prominently plays on the future of the sixteen-member eurozone. It also represents a fine threat for the young Greeks who are currently feeding the debate, and are a symbol in themselves of a Europe of PIIGS (Portugal, Ireland, Italy, Greece, Spain). The consensus is clear: somewhere, sometime soon, mentality has to change before the Greeks can make a stab at a new start
- Read the special edition The bleak Greek crisis: Europe's hardship sic Europe's hope
- PIIGS unwelcome in the EU parlour: war of words rocks Eurozone
- Greece crisis: how your average Greek yacht-owner is clamping down
- Europe apprehensive about Athens
- Bailing Greece out: the update
- Monetary union and media stress: young Greeks and Germans debate
Paris: living cheaply in an expensive city
The crisis is an opportunity of redeeming a more democratic economy, capable not only of satisfying the individual, but especially the community. Young people in Paris are finding solutions based on reciprocity and co-operation
financial crisis, labour, paris, economy, youth, europe on the ground, economical crisis
Crisis: no Brussels burn
The Belgian capital wriggles and writhes out of an era of financial crisis - Brussels is versatile and can adapt itself. You can spot this when you go second hand shopping or over to the aid of the homeless in the ´Les Petits Riens´ boutique, despite the obligatory belt tightening here and there. Where the economic dilemma doesn´t appear to have embroiled a younger, cosmopolitan elite, non-EU immigrants haven´t escaped as luckily. Special edition from five cafebabel reporters who travelled to Brussels for the 'EU crisis on the ground' editorial mission
- Read the special edition Crisis: no Brussels burn
- Fashion crisis: buying second hand clothes in Brussels
- Brussels: young, gifted and going nowhere fast
- Racism and discrimination for Brussels migrant workers
- Anderlecht, Molenbeek, Schaarbeek: spot the crime in Brussels
- 'Les Petits Riens': social enterprise in Brussels
EU presidency: the trouble with Spain...
He's EU president, he's Mr. Bean. Just a few days into the six month rotating presidency of the EU, hackers attacked the Spanish prime minister's image. And Zapatero has already had to take a step back after harsh criticism on his proposed sanctions against EU states with deficient economic policies.That's rich, coming from a country where a generation of people earning 1000 euros a month has coined the term 'mileuristas'! No wonder Iberian cleverclogs are part of the brain drain towards other EU countries...
- Read the special edition EU presidency: the trouble with Spain...
- Young Spaniards escape crisis by moving around in Europe
- Spain's damaged and wasteful economy, where people work little
- Spain’s ‘Silicon Valley’ in Malaga
- The 1, 000 Euros a month club
- Migrants keep coming to Seville, Spain and the rest of Europe
What crisis? Scouring for entrepreneurs in Bulgaria
Bulgaria’s GDP growth slowed, but nowhere close to the levels noted west of Sofia. The new coalition government has inherited nearly empty treasury coffers from the previous 'corrupt' administration. In the European Year of Innovation 2009, funding for start-ups was cut. Yet stories of determination prevail. Part three in a five part 'EU crisis on the ground' city series
financial crisis, money, labour, bulgaria, youth, start-up company, business man
Iceland could strip Europeans of their savings
On 5 January, president Ólafur Ragnar Grímsson refused to sign a law controversial among Icelanders that stipulates the repayment of around 3.5 billion euros to foreign depositors who have been unable to access their savings since the Icelandic bank failure. Now the people will decide on repayment in a referendum, a plan which has not gone down well with the foreign press. The Danish, British, Dutch and Icelandic media say...
financial crisis, economy, iceland, referendum, economical crisis
Slash your bonus wrists: what bankers want for christmas
Quite a remarkable christmas list found its way into my hands recently in France. 'Basically, Father Christmas, I just don’t know what more I can do to get decent payment for my hard work and the hard work of my brothers and sisters. That’s why I’m counting on you to change things.' At first glance, who would you assume these people were? Unemployed young people hit by the recession? Generation precarity? Underpaid interns?
financial crisis, money, bank, labour, christmas, economy, london
Cheaper Ryanair seats for Lisbon yes votes
The battle for the second Lisbon referendum is heating up in Ireland; and now, the yes side have aircraft. CEO Michael O’Leary joins Seamus Heaney, U2 and Intel in throwing his weight behind a Lisbon yes
financial crisis, best of cafebabel.com, euweek, budget, ireland, economy, ryanair
