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Jul 12, 2012
Illegal pressure from politicians and financial markets to German Federal Constitutional Court, which just checks the admissibility of the ESM
In Germany, the Federal Constitutional Court is examining whether the European Stability Mechanism (ESM) is a step in the right direction, said the today the liberal member of the European Parliament, Andreas Mölzer. "...
Jul 10, 2012
On the 15th May 2012 the European Parliament hosted a Conference entitled: “Peace in the Middle East”. The latter was organised by the European Foundation for Freedom at the initiative of Mep Andreas Molzer, Mep Fiorello Provera and Mep Philip Claeys. Speakers at the...
Jul 9, 2012
None of the EU grandees want to admit that the euro is a bad design - Athens's austerity program has been "partially derailed", but the crisis will continue to intensify
The crisis is intensifying almost daily said the liberal Member of the European Parliament, Andreas Mölzer in view of today's meeting of the Euro Group in Brussels. "Spain and Cyprus applied...
Jul 9, 2012
www.telegraph.co.uk - Britain faces tax increases or spending cuts of £3bn as Francois Hollande, France's new Socialist president, prepares to ditch the EU budget ceiling freeze.
Francois Hollande, the Socialist French president, is preparing to a ditch a deal over the next European Union budget in a move which would...
Jul 9, 2012
www.telegraph.co.uk - Joachim Gauck, the German president, has ordered Chancellor Angela Merkel to clarify exactly what she agreed behind closed doors at the EU crisis summit ten days ago.
German president Joachim Gauck has ordered Chancellor Angela Merkel to clarify exactly what she agreed behind closed doors at the...
Jul 9, 2012
www.spiegel.de - German Chancellor Angela Merkel is well known for her opposition to further aid for crisis-stricken euro countries without additional controls, but what do German voters think? A new SPIEGEL ONLINE survey reveals that a narrow majority is opposed to any more bailouts, and almost three-quarters of Germans want stricter fiscal...
Jul 9, 2012
www.guardian.co.uk - Spain's borrowing costs soared back to crisis levels after infighting among eurozone countries
Spain's borrowing costs soared back to crisis levels on Friday after infighting among eurozone countries signalled a return to the turmoil that has rocked the global economy in recent months.
... Jul 9, 2012
www.telegraph.co.uk - Spanish and Italian borrowing costs soared back into the danger zone as traders bet that the policy action by central banks was inadequate defence against the continued political and financial chaos in the eurozone.
The yield on Spain’s benchmark 10-year bond rose above the 7pc bail-out level amid...
