Tag: European Union
Economic and political aftershocks expected from Italy's surprise election results
Italy is facing political gridlock, while Europe contemplates the political and economic consequences of Italian voters ousting the country's internationally popular technocrat prime minister in favor of candidates who vow an end to austerity and more benefits for all Italians....
Spanish turning to carrots to protest higher taxes on cultural events
Spain hiked its taxes on cultural events as it faces mounting debts and budget deficits. And those higher taxes have greatly reduced the attendance and theaters and other arts establishments. But one theater, and now several other groups, have found a way to make the law work for them -- with carrots....
Spaniards take to streets to call for reforms in country's eviction law
Spain has one of the strictest eviction laws in the world. Not only do people lose their homes, but they remain liable for the full value of the mortgage -- as do their descendants. But after at least three eviction-related suicides, much of the country has said enough is enough. ...
'Love bridge' serves as connection for Danes who can't live in their own country
Denmark has enacted strict immigration laws that prevent Danes who marry foreigners from living in their home country. For many, that's meant moving to nearby Sweden and often commuting back and forth every day for work....
Politicians, populace, poke fun at, praise EU Nobel Peace Prize
Late last week, the European Union was awarded the prestigious Nobel Peace Prize — an award that celebrates individuals and organizations that move the world toward a more peaceful state. But the award comes at a time of upheaval in the EU, with financial troubles fracturing the unifying force....
Jobs scarce, more Italians volunteering on organic farms
Italy's unemployment rate is more than 10 percent, but among the young, it's vastly worse. Perhaps 35 percent, or worse. So a growing number of young Italians, and a few others who are out-of-work, are turning to the country's organic farms, where they can learn a skill, and keep a roof over their heads and food in their stomachs....
New England's economy more linked with Europe than most of the U.S.
As Europe's economy veers further into trouble, one U.S. region in particular is at greater risk of seeing the European crisis impede its own economic fortunes. Europe and New England are closely tied together, and that's hurting New England's effort at its own economic recovery....
Spain could receive next bailout as its financial woes worsen
As the European Union struggles to contain the euro crisis, Spain is quickly approaching an economic collapse. The country is among those in line to receive a Greece-style bailout, though experts say its time for one may come sooner than once expected....
Markets rise and fall as effects of weekend Greek elections begin to be felt
Greek voters went to the polls on Sunday and, relatively narrowly, backed a political party in favor of the Greek bailout. And while markets initially greeted that news with optimism and rallied upwards, fresh concerns, this time over Spain, dragged them back down by midday....
Problems still serious as Spain's banks try to stabilize with European bailout funds
Spain's banks got a badly needed injection of recapitalization over the weekend when a trio of international lenders agreed to loan them funds to get on firmer footing. But while Spain insists this isn't a Greece-style bailout, the lenders are already moving to monitor how and on what Spain is spending their money....
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