EU Moves to Cap Bank Bonuses

Staff / Truthdig Jul 1, 2010 Looks like banking executives in EU member nations will have to settle for slightly less ginormous bonuses in the coming year, once the European Parliament puts its official stamp on an agreement to limit banking bonuses and severance packages. Dig deeper ( 1 Min. Read )

Belgium Unity ‘Close to the Abyss’

Staff / Truthdig Jun 14, 2010 Electoral victories for Dutch-speaking separatists in Belgium have further shaken the fragile unity of the European country. Nationalist movements there continue to gain momentum, and this, analysts say, has pushed Belgium "close to the abyss" of permanent national division. Dig deeper ( 1 Min. Read )

Spain Bites the Bullet

Staff / Truthdig May 28, 2010 As the euro continues to tank and European countries scramble to deal with shrinking economic forecasts, Spain has proposed slashing its spending plans by nearly 8 percent next year as it struggles to deal with financial turbulence. Dig deeper ( 1 Min. Read )

Greeks Focus Their Rage on the IMF

Staff / Truthdig May 9, 2010 While the genesis of Greece's financial crisis may come straight out of economic textbooks, the recent intervention of the EU and now the IMF into Greek affairs has guaranteed popular resistance to the bailout -- which many see as foreign subjugation of their country. Dig deeper ( 1 Min. Read )

Greece Hits the Help Button

Staff / Truthdig Apr 23, 2010 Greek Prime Minister George Papandreou, declaring that the "moment has come," formally requested the activation of a $60 billion financial aid package from the European Union and the International Monetary Fund. Dig deeper ( 1 Min. Read )

Greek Financial Crisis Hits Poor

Staff / Truthdig Apr 3, 2010 The origins of Greece's economic crisis lie with the recklessness of the rich, but the consequences are directly affecting the poor: A new poll shows that three-quarters of the Greek population believe that the current plans to cut the country's budget deficit are "socially unfair." Dig deeper ( 1 Min. Read )

Europe Needs to Believe in Its Own Adequacy

William Pfaff / Truthdig Feb 17, 2010 What is this problem about Europe's standing in the world today that obsesses the Europeans and generates constant self-examination, endless academic seminars and political conferences, all permeated with inarticulate anxiety? Dig deeper ( 4 Min. Read )

Blair Bows Out of EU Race

Staff / Truthdig Nov 19, 2009 In a surprising last-minute move, Tony Blair has dropped out of the race for the European Council's presidency, a position for which he was an early favorite. Dig deeper ( 1 Min. Read )

EU Agrees to Pre-Copenhagen Deal

Staff / Truthdig Oct 30, 2009 It looks like the EU is anteing up for December's Copenhagen conference on global warming, agreeing to a conditional deal that estimates climate change will need almost $150 billion every year until 2020, and that the EU is prepared to pay its "fair share" -- though poorer countries say it's still not enough. Dig deeper ( 1 Min. Read )

Ireland Votes to Streamline the European Union

Staff / Truthdig Oct 3, 2009 Sixteen months after rejecting the same treaty, voters in Ireland have emphatically accepted the European Union's Lisbon Treaty -- an agreement that gives more power to the European Parliament and creates the position of the president of the European Council. Dig deeper ( 1 Min. Read )

Over 1M Afghan Election Votes May Be Fraudulent

Staff / Truthdig Sep 16, 2009 A European Union election watchdog group has determined that as many as a third of the votes cast in the recent presidential election in Afghanistan might be fraudulent, which translates to as many as 1.1 million bogus votes -- making Afghan President Hamid Karzai's re-election seem suspect just as the tally tilted in his favor. Dig deeper ( 1 Min. Read )

EU Suspends Aid to Honduras

Staff / Truthdig Jul 20, 2009 More than three weeks after the coup, the European Union has decided to halt aid to Honduras. The EU refused to give coup leaders $90 million in aid after the interim government rejected its demands that power be returned to ousted President Manuel Zelaya. That rejection caused EU-Honduran talks to break down. Dig deeper ( 1 Min. Read )