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Tag Archives: eu
EU Plans Measures to Tackle Resource Crunch
European companies are facing serious shortages of vital raw materials. China is holding back the export of rare earths, which are needed for high-tech products. A new EU strategy paper, which has been obtained by SPIEGEL ONLINE, seeks to address … Continue reading
William Hague raises doubts about future of the euro (6)
William Hague, the foreign secretary, has raised doubts about the future of the euro, saying it was impossible to know whether the currency would collapse. The Foreign Secretary, a vociferous and long-standing critic of European monetary union, said he "hoped" … Continue reading
Heffer: Euro crisis – Britain needs to prepare for an economic dark age next door (5)
On a shimmering day last June, I was talking to one of our most intelligent diplomats about the future of the euro. He told me, matter-of-factly, that there would be a serious crisis again before Christmas, and he suggested that … Continue reading
Euro under siege after Portugal hits panic button (6)
The euro is facing an unprecedented crisis after another country indicated that it was at a “high risk” of requiring an international bail-out. Portugal became the latest European nation to suggest it was on the brink of seeking help from … Continue reading
Hannan: Ireland's woes will continue until it leaves the euro (6)
In the 1990s, you used to hear the argument that Ireland was growing thanks to the EU. It wasn’t true. Ireland was growing because it had restructured its tax system so as to stimulate enterprise. The sectors which were doing … Continue reading
IMF Shadow Looms as Irish Sacrifice to Avoid Bailout
John Montgomery reckons he has lost about 350 euros ($479) a month, or 25 percent of his disposable income, because of lower pay and higher taxes since Ireland’s economy began to collapse in 2008. The father of a 10-month-old baby … Continue reading
Ireland's Fate Tied to Doomed Banks
DUBLIN—With doubts swirling about the solvency of the Irish state in early September, Finance Minister Brian Lenihan summoned a dozen senior government and bank officials to a conference room nicknamed the “torture chamber,” a nod to its history as a … Continue reading
The EU juggernaut must be stopped
Telegraph View: When David Cameron returned from the Brussels summit on budget contributions last month he was perhaps a bit too pleased with what he had achieved. For the first time in years, Westminster is going about its business with … Continue reading
New EU ambassador claims transatlantic authority
The new European Union ambassador to Washington has suggested that he will speak for Britain on foreign and security policy in America. Joao Vale de Almeida was this week formally installed as the EU’s ambassador to the US, and suggested … Continue reading
EU pushes for right to levy taxes directly on British
The European Union is to push for the right to levy direct taxes on Britons and the citizens of other member countries, the EU Budget Commissioner has disclosed. The EU hopes that the plan, to be unveiled next month, which … Continue reading
Germany's Lonely Chancellor (2)
Angela Merkel’s partners in Europe are angry, her opposition at home is more aggressive than ever, and she even faces increasingly vocal criticism from within her own ranks. This is the toughest period of her chancellorship so far, and there … Continue reading