Strengthening economic union in Europe
Many still question the sustainability of single currency union in Europe after the shocks and after shocks of the financial crisis. Several efforts of bailout through economic loans have given bleak picture of future economy in Europe. There are threats that countries might move out of economic union. As...
The troubled Europe
While leaders at the mainland Europe take one more step towards creating a full scale banking union, not a troubled nation like Greece but a stable nation like United Kingdom is talking a breakaway from the union. Earlier, Greek communist party, which emerged as second biggest party in the...
EU elections invited further economic uncertainty
In a week’s time Europe’s political landscape almost flipped. The people have spoken that austerity measures put into place by the government were not accepted. French president Nicolas Sarkozy, to become the first president to get second term in 30 years, joined the club of unsuccessful European leaders. So...