From Presseurope.eu | For Italian writer Claudio Magris, the only way to dispel the dismay prompted by the European economic and political crisis is to create a strong, decentralised and respected federal state.
The prime ministers of France and Portugal announce further adjustments for 2013, as Spain did before. But, analysts at CaixaBank note, the lack of detail isn’t encouraging for investors or other euro zone partners, despite the support the ECB promises.
BEIJING | New Chinese leadership will have to to engineer a new decade of reforms without endangering the livelihood of the Communist Party. Economic slowdown urges a new economic model that fosters domestic consumption and innovation with the goal to ensure sustainable growth.
Democrats just took again the White House for the next four years, but President Barack Obama-starstruck Europe must face the facts: it is no longer considered a strategic priority or asset by the United States.
Over the last month, unemployment in Catalonia grew by 2.19%, while a year ago, in October 2011, it grew by 2.43%.
From presseurop.eu | Debt-burdened Europe has stretched its diplomatic links to China authorities a never before. Whether the EU wants to tap its rich-in-cash economy or improve trade relations, Beijing seems to hold the strongest cards.
Fresh data from the stock market in Madrid: the average recommendation is of 2.72 points, slightly less buy-prone than last month and the end of year.
Are we there yet? In XTB analyst Miguel Ángel Rodríguez’ opinion, we aren’t even close to get a simple agreement on which to lay the foundations of the much urgent banking and fiscal union for the euro zone. Yet, the picture is becoming clear about what to do next to succeed.
Spain is in recession and will remain so with budget reforms yet to bite, export markets contracting and unemployment rising, indicate analysts at Grant Thornton. But that is one of the coin sides. Have a look at the brighter spots.
From Presseurope.eu | Can the Dutch swallow a €15-billion budget cut? Never mind, its the very government cabinet where tensions are beginning to unfold. Their painful discussions will sound familiar to neighbours in the south of Europe.