MADRID | By Luis Arroyo | The shadow of deflation looming over the euro zone economy have seemingly gone away on Friday. The statistical office Eurostat anticipated an estimated 0.9% yearly inflation rate, two percentual points under last October registers. However, being afraid of deflation is not a nonsense because next banking recapitalisation points that credit is to tighten.
BERLIN | By Presseurop| The contract for a new grand coalition government between Angela Merkel’s Christian democrats and the Social Democratic Party, which was presented on November 27, has not met with much enthusiasm in the German press. For some, the long-awaited deal is too generous to the left, while others argue that it fails to take into account the interests of Europe.
ROME | By Barbara Spinelli at La Repubblica via Presseurop | Silvio Berlusconi has been expelled by his peers from the Senate and stripped of his immunity in a long-awaited vote on November 27. Despite no longer being in Parliament, Il Cavaliere has indelibly left his mark on this era and society, writes Barbara Spinelli.
RIGA | By Virginia Dumitraş at Adevărul Moldova via Presseurop | On the eve of the Eastern Partnership summit in Vilnius the European Commission has proposed to abolish visa requirements for Moldovan holders of biometric passports.
ROME | By La Stampa via Presseurop | The Senate voted to strip Silvio Berlusconi of his senator’s seat on November 27 following his conviction for tax fraud in August, reports La Stampa.
MADRID | By Julia Pastor | Amidst their talks about economic policies and speed railway connections between Spain and France, both Mariano Rajoy and François Hollande met in Madrid on Wednesday. However, the visit bottomline is to seek for a common stance on banking supervision.
MADRID | By Francisco López | Everyday, more and more analysts warn about the risk of a “Japanization” of the Eurozone, and they even foresee the possibility to watch a long period of low growth in an environment of high indebtedness and reduction in prices. But, what exactly are those risks?
LONDON | By Reuters | European shares lacked the momentum to extend a rally to multi-year highs on Tuesday, a mixed outlook for corporate earnings underlined by downbeat signals from Remy Cointreau and Hugo Boss.
KIEV | By Jędrzej Bielecki at Rzeczpospolita via Presseurop | Some 100,000 demonstrators, who gathered in the centre of Kiev on Sunday November 24, called upon President Viktor Yanukovych to change his mind and sign an association agreement with the EU.
TOKYO | By Leika Kihara and Stanley White at Reuters | European Central Bank Governing Council member Christian Noyer said on Monday that interest rates have to remain low for an extended period and might go even lower if needed as officials try to ensure the euro zone does not fall into deflation.