Tag: European Union
Recession means new reality for Netherlands, stalwart economy of euro zone
The Netherlands is one of the richest and strongest economies in the euro zone. But, in recent months, the country has dipped back into recession as it tries to shave nearly $20 billion from its budget. It's forced some people living on the margins to seek assistance....
Europe's governments turning against austerity measures
Across the European continent, there's a growing belief that austerity is killing those country's future, and it's growth, not spending cuts, that is needed to turn things around. But there's a tension between the need to balance the budget and the desire to grow....
Sarkozy first French incumbent president to lose in first round of elections
Nicholas Sarkosy has a tough battle in front of him if he wants to remain in office when the second, runoff round of the presidential elections happens on May 6. His challenger, Francois Hollande, has promised to reverse some of the austerity measures championed by Sarkozy....
European court OKs extradition of terror suspects to the United States
In a closely-watched European court case, an EU human rights court said five terror suspects in the U.K. would not have their human rights violated if they were extradited to the United States. The case was viewed as a sort of referendum on the U.S. criminal justice system....
Spanish community looks to marijuana growing as road to economic recovery
Rasquera, population about 3,000, has a budget problem. Roughly $1.5 million in debt from run-of-the-mill infrastructure projects. Like most Spanish communities, the economic downturn and debt crisis has laid it low, but a new plan has emerged, grow marijuana, that could pay off its bills -- if it doesn't split the town in half first....
Activists say Myanmar elections are cause for west to revise sanctions
Officials and advocates say that Europe and the United States should use the seemingly successful Myanmar elections as a reason to justify a broad rollback of the sanctions that have been levied against the southeast Asian nation for decades....
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