January 18, 2013
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Hard hitting global and local news
Hard hitting global and local news
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Visit link: Euroskepticism on Rise in New EU Members
Read this article: New Meaning of the Word Voluntary; Bond Buyback Balancing Act
Please consider Berlin and Paris Compromise on Bank Oversight . European leaders have reached agreement on the roadmap to a banking oversight regime in the euro zone. Following a public back-and-forth between German Chancellor Angela Merkel and French President François Hollande, the 27 European Union heads of state and government on Thursday night found a compromise at their two-day summit in Brussels.
Spiegel Online reports Corruption Continues Virtually Unchecked in Greece While Athens waits for more aid from the European Union, the country continues to be administered in the same old careless manner.
Continued here: Firebombs, Teargas, Riots Near Greek Parliament; 57% Say Greece Should Abandon Pledges Made to Troika
While the bickering between France, Germany, and the Troika continues, Greece grapples with shadow of Golden Dawn Golden Dawn, which won 7 per cent of the vote in June’s election and entered parliament for the first time, is on a roll, pulling established parties to the right – including Corinth’s socialists. Polls suggest the party has gained ground since the election as anxiety deepens over a possible Greek expulsion from the euro. A poll this week showed a near doubling in the number of people expressing “positive opinions†about Golden Dawn, up from 12 per cent in May to 22 per cent now.
It won’t. Bloomberg reports Merkel Allies Harden Opposition to Granting ESM Bank License German Chancellor Angela Merkel’s coalition rejected granting the permanent euro rescue fund access to European Central Bank liquidity via a banking license, as the Finance Ministry said it saw no need for any such move. The rules of the European Stability Mechanism don’t provide for refinancing through the ECB, the ministry in Berlin said today in an e-mailed response to questions.
It won’t. Bloomberg reports Merkel Allies Harden Opposition to Granting ESM Bank License German Chancellor Angela Merkel’s coalition rejected granting the permanent euro rescue fund access to European Central Bank liquidity via a banking license, as the Finance Ministry said it saw no need for any such move. The rules of the European Stability Mechanism don’t provide for refinancing through the ECB, the ministry in Berlin said today in an e-mailed response to questions.