Cameron, Merkel: fiscal pact not enough to solve crisis
Prime Minister David Cameron and German Chancellor Angela Merkel agreed on Thursday that the EU's fiscal pact was not a sufficient step in itself to resolve the crippling eurozone debt crisis. READ MORE
Three Months to Save the Euro: George Soros
Euro-zone governments have around three months to ensure the survival of the single currency, billionaire investor George Soros said in a speech on Saturday. READ MORE
EU mulls ‘Marshall plan’ for Europe
The European Commission is preparing a €200 billion “pact for growth” to be presented at the next EU summit in June. READ MORE
China to give E. Europe US$10 bil. credit line
China will set a US$10 billion credit line and a US$500 million investment fund dedicated to Eastern European states as it aims to increase trade with the region to US$100 billion in 2015, Premier Wen Jiabao said on Thursday. READ MORE
Greece approves austerity cuts to secure eurozone bailout and avoid debt default
MPs in Athens approve severe budget cuts imposed by the EU after rallies against the bill erupt in street violence READ MORE
EU budget pact - a major breakthrough?
At their summit on Monday, 26 European Union members are set to adopt a new treaty on budget discipline. The fiscal pact is aimed at cutting debt. Is it a breakthrough or just a sideshow? READ MORE
No visible results of “economic modernization on the Medvedev track”
Valdai Club.com interview with Sergey Aleksashenko, Macroeconomic Research Director of the National Research University – Higher School of Economics. READ MORE
The Roads To War And Economic Collapse
The day before the Thanksgiving holiday brought three extraordinary news items. One was the report on the Republican presidential campaign debate. One was the Russian President's statement about his country's response to Washington's missile bases surrounding his country. And one was the failure of a German government bond auction. READ MORE
Experts grow wary of Chinese investment in Europe
The response to an attempt by a Chinese businessman to open a leisure resort in Iceland suggests growing suspicion among European experts and a potential backlash that could stifle the relationship. READ MORE
Germany's top court throws out anti-euro bailout lawsuit
Germany's constitutional court has ruled that the country's contribution to the eurozone bailout fund was legal, but said parliament must have greater say in similar decisions in the future. Markets were up on the news. READ MORE
