Although some European officials talk of “managing” a Greek exit from the euro, the political and financial costs, and risks of panic and contagion, would represent a fundamental challenge.
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Published News » Europe
Greek Crisis Poses Hard Choices for Western Leaders
Posted by cagan 5 days ago (http://www.nytimes.com)
Greece’s President Will Try to Broker a Coalition Government
Posted by cagan 13 days ago (http://www.nytimes.com)
Greece’s president will start negotiations on Sunday to form a coalition government in a last-ditch effort to avoid new elections and further political turmoil.
In France Newly Inaugurated Hollande Begins Partnership With Merkel
Posted by cagan 11 days ago (http://www.nytimes.com)
President François Hollande of France must now forge his own economic partnership with Chancellor Angela Merkel of Germany.
In France, New Cabinet Is Announced by Hollande
Posted by cagan 9 days ago (http://www.nytimes.com)
France’s new president, François Hollande, unveiled a center-left cabinet on Wednesday, leaving out the head of the Socialist Party, Martine Aubry, who is considered on the left-wing of the party.
Fatal School Bombing Stokes Fears of New Italy Violence
Posted by cagan 6 days ago (http://www.nytimes.com)
An explosion in front of a southern Italian school killed a 16-year-old student, bringing to mind the terrorists that kept the country under siege in the 1970s and 1980s.
Nationalist Wins Serbian Presidency
Posted by cagan 5 days ago (http://www.nytimes.com)
Tomislav Nikolic, an ardent admirer of Russia, won 49.8 percent of the vote compared with 47 percent for Boris Tadic, the former president.
Hollande to Press Germany on Euro Bonds
Posted by cagan 4 days ago (http://www.nytimes.com)
At a meeting on Wednesday with European leaders, President François Hollande of France will press the issue of euro bonds, which some officials consider a step too far.
Greek Businesses Fear Switch From Euro Back to Drachma
Posted by cagan 3 days ago (http://www.nytimes.com)
The move would involve complex legal and financial steps and could set back the economy further, many say.
Testifying, Murdoch Cites a ‘Cover-Up’ in Phone Hacking
Posted by cagan 29 days ago (http://www.nytimes.com)
Rupert Murdoch, the chief of News Corporation, spread blame around in the hacking scandal, singling out former employees and others.
Medvedev Admits Disappointments in His Presidency
Posted by cagan 29 days ago (http://www.nytimes.com)
Dmitri A. Medvedev of Russia also defended his record in a two-hour interview that was unusual for its unscripted live format.
Nordic Countries Increasingly Attractive as Sites for Data Centers
Posted by cagan 26 days ago (http://www.nytimes.com)
While most centers continue to be located in the United States, Nordic countries are becoming attractive, with abundant green energy and low electricity costs in the region.
BSkyB Distances Itself From Murdoch and News Corporation
Posted by cagan 23 days ago (http://www.nytimes.com)
Following a scathing British parliamentary report declaring Rupert Murdoch unfit to run a media empire, BSkyB insisted on Wednesday that its own track record should determine fitness to hold a broadcasting license.
France Approaches the End of a Presidential Campaign With a Bitter Debate
Posted by cagan 23 days ago (http://www.nytimes.com)
President Nicolas Sarkozy of France and his Socialist challenger, François Hollande, clashed on Wednesday night in their only televised debate before Sunday’s election.
Conservatives Fare Poorly in British Races, London’s Mayor Aside
Posted by cagan 21 days ago (http://www.nytimes.com)
At a time of deepening austerity, Britons seem to have turned against their national leaders in bellwether mayoral and local council elections.
Hollande Defeats Sarkozy in France
Posted by cagan 19 days ago (http://www.nytimes.com)
François Hollande became the first Socialist president of France since 1995, but his victory over Nicolas Sarkozy will also be seen as a challenge to the policy of austerity in the euro zone.
Vladimir Putin Returns to Presidency in Russia
Posted by cagan 18 days ago (http://www.nytimes.com)
The clampdown underlined the challenge ahead for Vladimir V. Putin as he reclaims the Russian presidency.
Upstart Pirate Party Continues to Hijack Votes in Germany
Posted by cagan 17 days ago (http://www.nytimes.com)
The Pirate Party has built its success on little more than a vague platform of greater openness in government, using technology.
Greek Look to Socialist, Evangelos Venizelos, to Form Government
Posted by cagan 15 days ago (http://www.nytimes.com)
The Socialist leader, Evangelos Venizelos, the third party chief to try to form a coalition, said he might be able to find common ground with the leader of the moderate Democratic Left Party.
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