By Tania Suárez, in Madrid | “Greece must make up its mind”, warns the federal minister of Finance in Germany, Wolfgang Schäuble, from an interview for The Wall Street Journal. Schäuble states that the euro zone could refuse to grant Greece a new bailout and, if it did so, it would be pushing the Greeks to a default. Schäuble has decided to demand the permanent presence of a EU Commissioner…
LONDON | The average family debt in the UK, excluding mortages, has increased by 48% in the past 12 months despite improvements in general levels of income. The latest report from Aviva, an in-depth study into the financial needs of the 84% of the British population who live as part of a modern family, shows a worrying portrait of a middle classes’ lifestyle deeply affected by the current economic climate. Aviva’s…
Is Eurofound’s a contrarian view? While youth unemployment rampantly increases throughout the European Monetary Union, Eurofound on Wednesday will be telling a different story: the labour market shortfall caused by the decline in Europe’s population and workforce will not be offset by growing immigration levels nor by higher fertility and productivity rates, delegates will be told at the Opening Conference of the 2012 European Year of Active Ageing and Solidarity…
