Spain risks years without economic growth
(Reuters) – Belt tightening in the board room and the living room, deep public budget cuts and anaemic bank lending may be setting Spain up for years of economic stagnation that could eventually force...
Category: Europe
(UK) Burglaries and personal theft claims soar to £415m
Domestic burglaries and personal theft claims have soared to £415m, the highest figure for nearly a decade, with jewellery the main target, following a sixfold rise in gold prices. Householders made 5,000 more burglary...
Merkel: Eurozone must avoid Greek exit
Asked how she saw the future for Greece, Mrs Merkel told the BBC’s Newsnight programme that Athens had repeatedly said it wanted to remain within the eurozone. “It has major weaknesses but it is...
Sarkozy announces crackdown on internet hate sites after Toulouse shooting
(multimedia) French President Nicolas Sarkozy said that France would make it a crime to consult website that advocate terrorism or hate crimes and would toughen a crackdown on people who went abroad for ideological...
Russian view of US in the Middle East
Moscow’s ready to back a UN resolution on Syria, as long as it contains no ultimatums aimed at Assad’s regime. That’s according to the Russian Foreign Minister, who’s voicing strong support for the UN...
Toulouse Fallout ‘Plays Into Sarkozy’s Hands’
It took just days for French police to track down Mohamed Merah, the 23-year-old Frenchman of Algerian descent responsible for killing seven people in southern France over the past week, including three children at...
Ireland slumps back into recession
Ireland’s economy sank back into recession in late 2011, despite logging its first annual growth for four years, official data has showed. Irish gross domestic product (GDP) shrank 0.2pc in the fourth quarter after...
Road to radicalization from Toulouse to Kandahar
(Reuters) – For Mohamed Merah, the Frenchman suspected of killing four Jews and three Muslim soldiers in southwestern France, the road to radicalization ran from Toulouse to Kandahar in Afghanistan. Merah, 24, who was...
U.S. exempts 11 states from Iran sanctions; China, India exposed
(Reuters) – The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian oil, but left Iran’s top customers China and India exposed to the...
French Shooting Suspect Refusing to Surrender
(multimedia) French police raided a home in Toulouse early this morning, searching for the gunman who shot dead seven people including three Jewish schoolchildren. The French Interior Minister says the suspect is claiming to...
