Archive for the ‘Europe’ Category

France told to pay Taiwan over arms deal

05/05/2010

International court orders Paris and arms firm to compensate island for frigate sale

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Greek debt crisis spotlights excesses of civil service

24/03/2010

The financial crisis rocking Greece has brought into focus the warped reality of the country’s civil service, where a long tradition of political perks has bred fiscal disaster, analysts say.

Germany taking nationalist route on Greece issue

24/03/2010

Ruling coalition is losing support in the polls, say analysts

Europe waits on Germany as Greece deadline looms

24/03/2010

The summit opens on Thursday, the subject isn’t even on the agenda and the markets have control of the political keys, even as Germany debates what to do about Greece.

Europe Divided on Aid to Greece Before Summit

24/03/2010

European leaders sent out conflicting signals at the weekend over aid to Greece, with Germany’s Angela Merkel urging Athens to solve its debt problems alone and Italy’s Silvio Berlusconi strongly backing EU support.

Germany, rest of EU at odds over solving Greek crisis

23/03/2010

German Chancellor Dr Angela Merkel told investors they should not expect this week’s European Union summit to agree on any aid package for Greece.

Europe divided on aid to Greece before summit

23/03/2010

European leaders sent out conflicting signals at the weekend over aid to Greece, with Germany’s Angela Merkel urging Athens to solve its debt problems alone and Italy’s Silvio Berlusconi strongly backing EU support.

Greek PM in race for pledges to lower interest rate burden

22/03/2010

Greek Prime Minister George Papandreou is racing to secure an explicit pledge of European aid and cut his country’s borrowing costs as €20 billion (HK$210.54 billion) of debt comes due in the next two months.