Willing to do just about anything to avoid the collapse of their treasured Euro, Europeans are considering marxist policies so to save a failing currency. The Telegraph reported that “Wealthy households would face new taxes on property and other assets under German plans to prop up the struggling eurozone.” When governments turn to the producers [...]
Tag: "European Union"
European unemployment for May reached 11.1% making it the highest ever for a single currency area. Nearly, one in four adults in Spain is now unemployed but for the under 25 age group a critical 52% in Spain and Greece are unable to find work. In total, 17.6 million people were out of work in [...]
The year 2012 is rapidly becoming a year of historic elections. Greece held one recently where no single Party won enough of the vote to form a government. In ensuing weeks, no progress was made by the nation’s Parties while negotiating to form a coalition. This potentially could lead to a chaotic situation – not [...]
European business activity fell in May, nearing a 35-month low, according to a survey by Markit. Its survey, based on European manufacturing and service sectors, fell to 45.9. The euro fell to a 22-month low against the dollar in response. Disagreement at Wednesday’s summit between European leaders about how to solve the dilemma did nothing [...]
Well he’s not well known in America, except for political geeks like me, but over in Europe Nigel Farage is known as a political firebrand who supports the democratic leadership of European nation states and vehemently opposes a one world order. His speeches are viral on the Internet and this week he delivered another sizzler [...]
A law requiring flights into and out of the European Union (EU) to pay a carbon tax was upheld by the European Court of Justice on Wednesday saying that, “application of the emissions trading scheme to aviation infringes neither the principles of customary international law at issue, nor the open-skies agreement.” The law requires that [...]