It’s hard for non-Europeans (and indeed, many Europeans) to quite comprehend the European Union. It’s not just a free trade area or customs union like NAFTA, as it can overrule national supreme courts. Yet it’s not a super state either, as demonstrated by its military inability to do almost anything.
06/3/2011
— Filed under: Politics
Tags: Europe, principles
Finland has finally announced its new six-party coalition government after months of negotiations.
06/2/2011
— Filed under: Politics
Tags: Finland, goverment
Europe’s banks have been told to put a figure on potential losses from holdings in Greek and other sovereign debt to ensure a health check of lenders realistically reflects the deepening euro zone crisis.
06/1/2011
— Filed under: Finance
Tags: banks, debts, EU
