Tag: Europe
Retrieving Europe’s dead
When the case of Europe is scrutinised there is both good news and bad news. The good news that one can understand for Europe...
A firewall to stop Europe’s crisis spreading
When leaders of the largest economies meet next week in France, our citizens will be watching for the same sense of common purpose that...
IMF calls for pan-European deposit insurance
The International Monetary Fund on Saturday called for an EU-wide deposit insurance scheme and more coordinated regulation of the continent's banks to avoid contradictory...
G-20 tells Europe to deal ‘decisively’ with debt crisis
US Treasury Secretary Timothy F. Geithner endorsed Europe’s emerging plan to beat the sovereign debt crisis as global finance chiefs pushed for a solution...
Europe eyes bigger Greek losses for banks
Euro zone countries will ask banks to accept losses of up to 50 percent on their holdings of Greek debt, officials said on Wednesday,...
Euro jumps after Germany, France pledge crisis plan
The euro climbed to its highest in more than a week versus the dollar on Monday after Germany and France pledged to have a...
‘Like giving vodka to a drunk’
Europeans protesting the vodka-for-drunk like club med bailout seem to have finally struck a chord with the union’s supreme lending authority as Chancellor Merkel...
Experts highlight Europe’s role in Afghanistan
The Institute of Strategic Studies Islamabad (ISSI) organised a public talk, as part of its lecture series titled, “Europe’s Engagement in Afghanistan” here on...
Europe grapples with ‘greatest challenge’ over debt
The European Union grappled Wednesday with the biggest challenge of its history as Greece readied a last-gasp pitch to secure vital bailout funds.
Nearly four...
IMF calls on Europe to get ‘act together’ on debt
Europe needs to "get its act together" and deal with its worsening sovereign debt crisis, the International Monetary Fund said on Tuesday, warning of...
Italy downgraded, IMF says Europe behind the curve
Standard & Poor's cut Italy's credit rating on Tuesday in a surprise move that increased strains on the debt-stressed euro zone, and the International...
Deutsche says Europe crisis could kill weak banks
Europe's sovereign debt crisis will stunt bank profit for years and could kill off the weakest, Deutsche Bank chief executive Josef Ackermann told industry...
Europe risks crisis steps delay, new market attacks
Financial market pressure on the euro zone eased a little this week as Italy's borrowing costs fell and bank shares stabilized. But the bloc...
Europe’s financial wasteland
“April is the cruelest month,” wrote T.S. Eliot at the beginning of his great poem, “The Waste Land.” But, if Eliot had been a...
Europe’s central bank at sea
Central bank purists are confused. How can the European Central Bank, a Germanic institution, now be in the business of buying government bonds issued...
Samsung wins ‘Best home audio-visual brand’ award in Europe
Samsung Electronics Co., Ltd. was recently presented with the Best Home Audio-Visual Brand Award at Kings Place in London—the latest in a string of...
Rebels brace for attacks as Gaddafi threatens Europe
Rebel fighters braced for further attacks on Saturday from forces loyal to Muammar Gaddafi after the Libyan leader staged a show of support at...