Category Archives: Europe

Humanitarian impacts of the economic crisis in Europe – Red Cross

Creating a sense of predictability and security has traditionally been attributed to what a society offers to its citizens. Today, as the economic crisis has planted its roots, millions of Europeans live with insecurity, uncertain about what the future holds. … Continue reading

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Why the Euro Crisis Is Also a Generational Conflict

People vs. banks, north vs. south, and rich vs. poor? While all of these conflicts may be real, one of the biggest issues of the euro crisis is rarely discussed: Older people are living at the expense of the young, … Continue reading

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Ajustes de esquerda e de direita na Europa

França e Espanha escolheram estratégias diferentes para enfrentar a crise. Pela esquerda, François Hollande tentou proteger o gasto público e colocar o acento em uma maior arrecadação mediante aumento de impostos para os setores mais ricos da sociedade. Na Espanha, … Continue reading

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Crisis of the eurozone and the Left: Responses to the global economic downturn

The situation in Europe points to the palpability of regression. It makes that apparent because, at this level of crisis, the Left is unable to be an important factor. For decades we have been hearing from the Left, “When a … Continue reading

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“The End of the World as We Know It”

Consider the following scenario. After a victory by the left-wing Syriza party, Greece’s new government announces that it wants to renegotiate the terms of its agreement with the International Monetary Fund and the European Union. German Chancellor Angela Merkel sticks … Continue reading

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Money, Politics, Power: Corruption in Europe

Anti-corruption group Transparency International today warned in a new report that the close relationship between business and government has enabled corruption and undermined economic stability in Europe. The report highlights the gaps in governance that contributed to the financial and … Continue reading

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“La Fed debilitó nuestro sistema”

El economista italiano Marcello de Cecco analiza la crisis europea – “La Fed debilitó nuestro sistema”. El profesor Marcello de Cecco de la Universidad Luiss de Roma señala que la Reserva Federal “impulsó la liberalización del mundo bancario y de … Continue reading

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Profiting from Pain: Europe’s Crisis Is Germany’s Blessing

Its neighbors may be suffering, but the euro crisis has created conditions that actually benefit the German economy. Not only is the government enjoying the windfall of negative interest rates on bonds, but unemployment is down and exports are booming. … Continue reading

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Austerity Reigns Over Euro Zone as Crisis Deepens

Europe’s leaders braced their nations for a turbulent year, with their beleaguered economies facing a threat on two fronts: widening deficits that force more borrowing but increasing austerity measures that put growth further out of reach. “Every government in Europe … Continue reading

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Nouriel Roubini: “Fasten your seatbelts; it’s going to be a bumpy year!”

The outlook for the global economy in 2012 is clear, but it isn’t pretty: recession in Europe, anemic growth at best in the United States, and a sharp slowdown in China and in most emerging-market economies. Asian economies are exposed … Continue reading

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