German foreign minister calls on Kosovo and Serbia to resolve crisis
On a visit to Kosovo, German Foreign Minister Guido Westerwelle has urged both Pristina and Belgrade to settle their border crisis. He said all of Europe had an interest in a peaceful solution. READ MORE
Europe’s Long-Term Growth Prospects
The Great Recession and subsequent debt crisis have left Europe with a deep and painful legacy. Output remains 7 percent below the pre-crisis trend; public debt levels continue to reach historic highs; banks remain fragile; and the Euro area is severely out of balance. To ensure that today’s downturn does not devolve into long-term slow growth and deflationary trends, European policy makers need to respond with far-reaching structural reforms. READ MORE
Central European leaders call for unity in the face of crisis
Central European leaders from 14 countries have called for more regional cooperation in the wake of the global economic crisis and for a better distribution of energy resources. READ MORE
The key out of crisis
The global world crisis which is shaking the countries and continents today is a special phenomenon unknown to mankind ever before. It is definitely an unprecedented phenomenon which does not have its analogy in world history and which is cardinally changing the world order with all its economic foundations. That is why for its analysis, understanding and for overcoming it a totally different approach is required which should reexamine all the old dogmas and stereotypes. READ MORE
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