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Tag Archives: eu debt crisis
Taxes on some wealthy French top 100 pct of income: paper (10)
(Reuters) – More than 8,000 French households’ tax bills topped 100 percent of their income last year, the business newspaper Les Echos reported on Saturday, citing Finance Ministry data. The newspaper said that the exceptionally high level of taxation was … Continue reading
Quijones: Newspapers’ War Of Words Rekindles Nationalist Tensions In Europe (10)
The eternal economic malaise affecting many European countries is sparking the resurgence of the long-dormant forces of nationalism. In the most perverse of ironies, the closer the old continent gets to fulfilling the euro- and technocrats’ vaunted dream of political … Continue reading
Richter: Germany ‘Second Economic Miracle’ And Other Psychedelic Feats (10)
At first blush, the German economy appears to be ailing – at first blush because the stock market, in its omniscient manner, doesn’t see it that way. It’s predicting wondrous developments as it hop-scotches from one all-time high to the next. This … Continue reading
Britain loses EU budget battle and must pay Brussels an EXTRA £770million this year (10)
Farage: “Lets face the facts, the only way is out” Britain faces paying an extra £770million to Brussels this year after being outvoted by other members of the European Union. David Cameron had vowed to take the axe to the … Continue reading
Traynor: Eurozone crisis sees Franco-German axis crumbling (10)
When it comes to grim reading about the current European condition, it does not rain but it pours. The latest catalogue of unremitting gloom (unless you’re a German) comes in a 49-page survey of public opinion in eight EU countries conducted in … Continue reading
Quijones: Getting Run Over By The European Government Machine (10)
Once upon a time I was a committed convert to the European project. Even long before leaving British shores for the continent, I strongly believed in the European dream, in the idea that Europe could overcome its almost prehistoric divisions … Continue reading
Rattner: Europe’s Careless Dithering (10)
EUROPE’S economic problems are growing steadily worse, with unemployment in parts of the Continent now above the level reached in the United States during the Great Depression. Meanwhile, policy makers dither over solutions. Last week, the European Central Bank cut … Continue reading
Hannan: Iceland chooses independence (10)
A time-lag distorts our perception of foreign countries. Whenever I mention, for example, how well Norway is doing outside the EU, a dozen half-clever Lefties shoot back: ‘Yeah, so you want Norwegian spending levels, do you?’ Well obviously I’d rather … Continue reading
Nuclear Headache: Task of Decommissioning Plants Is Herculean (10)
The dismantling of Germany’s nuclear power plants will be one of the greatest tasks of the century as the country moves to phase out atomic energy. It will take at least until 2080 to complete the job. But what happens if … Continue reading
Germans splurge on Italian homes locals can’t afford (10)
Yasemin Rosenmaier has been selling homes in northern Italy since 2005 and she’s finding that there’s never been a better time to work for a German broker. “I’d say 60% of our closings are with Germans, which is much higher … Continue reading
