English Blogactiv Posts - EU Blog Platform

Archives for Economic Crisis

Storm clouds loom once again over the eurozone. Interest rates on Portuguese, Irish and Greek government bonds are continuing to rise. Ten-year bond yields for Ireland reached a record 7.75 per cent on Monday, while for Portugal they were 6.67 per cent. The ECB started buying bonds again after several weeks’ abstention. There was some… » read more

Populism vs courage

The Greek crisis brought ‘village politics’ to the EU, as Finnish foreign minister Alexander Stubb recently said. He also spoke of “an internal crisis of the Western world”. Bad example is contagious. German Chancellor Angela Merkel staunchly resisted calls from other countries to promise help for heavily-indebted Greece. Ironically, this did not prevent her from… » read more

This simple truth has finally become evident; but it took the Greek financial crisis to carry the message home. In a 12 page communication of May 12th the EU Commission draws the appropriate policy conclusions for the EU and member states. Basically, the Commission insists on deepening and broadening the existing surveillance mechanisms of member… » read more

EurActiv Network