Economy

ANALYSIS economy : HMV, Virgin closures: get thee to live music festivals

HMV, Virgin closures: get thee to live music festivals

Both Virgin in France and HMV in the UK going into administration is bad news for the music industry. Yet the live music industry is still going strong, with artists continuing to draw in large audiences to concerts

by Astrid Ferriere @ // 22/05/13

economy, festivals, internet, culture, music, denmark, spain

PORTRAIT economy : From Berlin to Bishkek: creating a felt start-up in Kyrgyzstan

From Berlin to Bishkek: creating a felt start-up in Kyrgyzstan

What does felt from Kyrgyzstan have to do with the hectic pace of life in major European cities? At first glance, not very much – however, nomads from the high plains of Kyrgyzstan have a great deal in common with the ‘urban’ nomads of Berlin, London and Stockholm. Tobias Gerhard talks about his project, 'Kancha'

by Julia Korbik @ // 27/03/13

economy, kyrgyzstan, germany

ANALYSIS economy : Doubts over Latvia’s eurozone ambitions

Doubts over Latvia’s eurozone ambitions

Latvia is pressing ahead with plans to adopt the European single currency next year. Yet 65% of the population say they do not want the euro. As well as concerns over price rises, many Latvians fear having to pick up the bill for the crisis-hit countries in the south of Europe, having only recently come through their own painful economic recovery

by n- ost @ // 26/03/13

economy, currency, riga, euro, past enlargements, enlargement, latvia

EUtopia: Generation against a giant

EUtopia: Generation against a giant

In a land before our time, everything still used to run smoothly. Today, a mobile, well-educated digital generation of young Europeans needs to rise against the tyrannosaurus crisis with never-ending piles of fantasies. For 2013, cafebabel.com's flagship feature report project has thus been christened 'EUtopia on the ground'. Reporters from all over Europe will do their best to present you with an expanding EU that still exists, even if it is not always visionary. So the future doesn’t seem too rosy at the moment – it was only recently that the German head of the European parliament, Martin Schulz, described the continent as 'Frankenstein Europe'. Saving, saving and saving sounds like an eternal melody – but not when it comes to vision and ideas. Can our generation defeat the ‘Catastroika’, as the so-called 'Troika' of foreign lenders, made up of the European Commission, European Central Bank and International Monetary Fund, are called? Before you get ready to read special editions from Budapest, Athens and Warsaw to start off with over the next few months, we invite you to concentrate on these 'first drafts' of political, cultural and economic 'EUtopia' (Illustration: © Adrien Lecoarer/ graphimse.com)

ANALYSIS economy : Can leaders of Bulgaria and Slovenia be ousted by summer?

Can leaders of Bulgaria and Slovenia be ousted by summer?

That is what happens when you combine economic hardships with a corrupt political elite, a dose of populism, some austerity measures and a highly disillusioned population that perceives it’s been duped. Mass protests continued in Bulgaria on 25 February

by Crispy @ // 25/02/13

economy, electricity, protest, economical crisis, janez jansa, bulgaria, conservatives

Italy elections: Choose Berlusconi, or Vendola, or Bersani, or Grillo. Choose life.

Italy elections: Choose Berlusconi, or Vendola, or Bersani, or Grillo. Choose life.

It’s not only Pope Benedict who has thrown in the towel; Italy has left its ‘choosy’ youth no choice; unemployment is at over 11%, and over 36% for for under-25s. Young people have run away to find work, to study, to do erasmus exchange programmes abroad. Perhaps 'Their Capriciousnesses' will be finally satisfied with the selection of the characters in the early elections on 24 February? In one corner of the boxing ring we have the flashy centre-left leader Pier-Luigi Bersani (Democratic Party, PD), the Robin Hood of the elections (heritage of his past in the Communist Party?)... Should he win, he would be backed by the centrist Mario Monti, the outgoing technocrat-turned-prime minister and outsider who'll advise you to tighten your belt until can sigh ‘mamma mia’ no more. Then of course there are jokers all around, and we’re not just talking about the eccentric first black Italian hero on the background of politics in Italy. The former comedian-turned-political activist Beppe Grillo (Five Star Movement, M5S) will square up to the boomeranging Silvio Berlusconi (People of Freedom party), the three-times prime minister who left the scene fifteen months ago. The turnout in the last elections in 2008 was 80%. The real question is, who will be voting for a new parliament and government this weekend? It certainly won’t be any Italian citizens currently abroad, since their rights have been curbed...(Illustration: © Adrien Le Coarer/ graphimse.net)

PRESS REVIEW economy : French gay marriage, adoption bill approved: Swiss, German and local media react

French gay marriage, adoption bill approved: Swiss, German and local media react

France's national assembly joined countries like Spain and most recently the UK by voting in favour of introducing same-sex marriage and adoption rights for gay couples on 12 February. The controversial bill was passed with 329 deputies in favour and 229 against. It is a triumph for Francois Hollande’s government and as a signal that the church should not interfere in the debate

by eurotopics @ // 13/02/13

economy, sex, men and women, euweek, foreign policy, françois hollande, politics

FEATURE economy : Promoting Finnish music in Europe

Promoting Finnish music in Europe

The music industry makes resolutions too. In 2013 the Eurosonic music festival in Groeningen surprisingly devoted itself to covering the Finnish music scene, looking set to finally shed light on a country and music industry that we know very little about

by Matthieu Amaré @ // 13/02/13

economy, netherlands, festivals, culture, music, rock, cd

ANALYSIS economy : India-EU, happy traders

India-EU, happy traders

With trade between the two markets reaching 80 billion euros, the south-east Asian country and the EU are hoping to advance with a free-trade agreement. What is this economic partnership about, and what are its challenges?

by Julien Lathus @ // 11/02/13

economy, catherine ashton, asia, european commission, india, politics

European theatre in Paris, Madrid, Rome and Leipzig

European theatre in Paris, Madrid, Rome and Leipzig

The curtain is thrashing in the gales rushing over the European theatre scene. In the French capital, the last play that the Paris-Villette theatre showed before it closed in Paris was about genocide in Rwanda. In Madrid, a quarter of the shows at the Royal Theatre end in bitter silence, victims of the state's tax hikes. Yet as cafebabel.com found in its recent special edition on the 'rise and death of European media', new spaces are opening up for newer concepts in theatre. The crisis is a huge diving board into an increased sense of creative interaction, emotion and public participation, which is now taking over where the gilded seats and illustrious stages once stood. In Rome and Salento, theatre companies are promoting the philosophy of different languages in its productions to mark newer horizons, and this is also a theme of the German theatre festival in Leipzig. There'll be no exit stage left or right so long as the small fish stay optimistic! (Image: © Teatro Valle Occupato)

PANORAMA economy : Apocalypse now (because it was already here)

Apocalypse now (because it was already here)

How does the end of the world happen? Does a meteor crash into Earth, or does a tsunami come to engulf us, like the movies show? Does facebook start charging for its social network services? Anyway the apocalypse is already here - it's just that we've been too busy to notice it because we have been tagging ourselves on FourSquare

by Valeria Nicoletti @ // 18/12/12

economy, lgbt, europe, youth, society, social networks, politics

Gallery

Image : Young, Italian, expat, pissed off: the 'why' campaign (9 images)

Young, Italian, expat, pissed off: the 'why' campaign (9 images)

OPINION economy : Italian open letter to save Erasmus, the factory that produces Europeans

Italian open letter to save Erasmus, the factory that produces Europeans

In her mind at least, Francesca has never left her 'erasmus' city, Paris. Back in Rome, the Italian languages and literature student has written this appeal to the erasmus generation; in its 25 years of existence the student exchange programme has moulded almost two million students across Europe, and is now threatened with closure

by Francesca Ferri @ // 10/12/12

economy, erasmus, paris, brussels, society, europa, post-erasmus

Balkan eye on Brussels: no opportunity no cry

Balkan eye on Brussels: no opportunity no cry

Word is that the capital of the European Union institutions is not a very easy city to live in. Most members of the elite class are there strictly for business only (members of European parliament or MEPs from Lithuania, the UK and Ireland only spend 81% of their time in the city), whilst other skilled young home-grown talents are only thinking of leaving. The crisis affects Brussels by form of ‘brain drain’; in 2010 28, 000 young graduates left the country, 70% more than the year before. It’s not only job opportunities which affect Belgians and the expats living there, but also the living standards. In a country which suffers the sixth highest rape statistics in the world (according to the UN office for drugs and crime), young women are speaking out about their negative experiences with male passersby in the very streets of the Belgian capital. A Turkish-Bosnian-Serbian-Italian team go on the ground for the penultimate edition of ‘Orient Express Reporter II’ (Image: (cc) vainsang/ Flickr)

NEWS economy : Dublin's role in European week for waste reduction

Dublin's role in European week for waste reduction

The event in Dublin on 24 November has expanded across Europe, having already taken place in England and France. The European commission has designated 2014 'European year against food waste' and the European parliament recently passed a resolution urging a reduction of food waste by 50% by the year 2025. Second in a series from cafebabel Dublin

by valerie flynn @ // 16/11/12

economy, food, society, yum nyam, ireland, waste

PRESS REVIEW economy : German, Austrian and UK media on Britain in EU

German, Austrian and UK media on Britain in EU

On 1 November British prime minister David Cameron announced that he plans to obey the will of his parliament at the EU budget summit at the end of November and use his power of veto if the result is not in the interests of the UK. While some commentators stress that the British are weakening their influence in Europe with their hard line, others maintain that the critical stance is good for the EU

by euro topics @ // 02/11/12

economy, liberalism, great-britain, london, david cameron, euweek, euroscepticism

ANALYSIS economy : Barryroe, Cork and oil: Ireland on cusp of boom?

Barryroe, Cork and oil: Ireland on cusp of boom?

An exploration firm has struck black gold off the Irish coast worth billions. Will it be enough to drag Ireland out of the economic abyss?

by Seamus @ // 30/10/12

economy, business, nature, investment, united kingdom, oil, ireland

NGOs for 'greener EU budget' release ‘positive examples’ animated video Watch the video

- Video NGOs for 'greener EU budget' release ‘positive examples’ animated video

24/10/12

ANALYSIS economy : California dreaming in EU: banking on American model

California dreaming in EU: banking on American model

Any sort of joint bond issue would be vigorously opposed by northern member states of the European Union. So a new idea has been thought up since the summer – why not centralise Europe’s banking system? Part three of our examination of the financial crisis from a transatlantic point of view sees how it’s done in the USA

by Benjamin Wolf @ // 16/10/12

economy, economical crisis, european central bank, european union, united states, politics

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Economy in the babelblogs

Curry, travels and flower power

Shiva, curry and flower garlands. Computers, Mumbai and Tata Motors. Hearing India, a lot of contradictory things will probably flash through your mind. Until twenty years ago, people were most likely to think of colourful saris, skinny monks, coconut trees and their crazy hippie aunt Margaret. Later, Bollywood and Shah ...

by Lilian Maria Pithan on currypower

Federal Union: it is time to decide!

The world order is changing. The rise of new global players such as China, India and Brazil risks the marginalisation of Europe. Europe's neighbouring Arab countries struggle to become democratic. Global warming requires a radical systemic response. The banking crisis exposes the fundamental weakness of current financial rules. Faced ...

by manajan on federalists

Dungeons and “Draghions”: the EU summit appoints the new President of the European Central Bank

by Joan Manuel Lanfranco Pari European Council meetings are like the dungeons of EU decision-making. Excluding physical violence, some parallelism can be drawn. There are important security measures, discussions take place behind closed doors, and some leaders are “punished” because of an erred or out-of-the-script socio-economic performance. Rarely a verbatim ...

by cafebabel.bruxelles on bruxelles

Eurobonds explained: No need to be so complicated

By Bertrand Habay The euro area could one day opt for launching eurobonds. That is what the EU presidency stated at the beginning of this European Council meeting in Brussels. While the formal agenda wasintended to tackle the revision of the Treaty of Lisbon to establish a permanent European bail-out ...

by rosie rose on bruxelles

Belgium's bad grades tarnish presidency finale

By Alice Préat The end of the Presidency of the European Union should be a joyous event. But that pride may be tarnished by the threat that Belgium's rating might be downgraded by financial rating agency Standard & Poor's. Shame Belgium cannot be a beacon of financial stability at ...

by rosie rose on bruxelles