Was it luck, or good judgment? Actually, it was a bit of both. David Cameron committed himself to the AV referendum with a light heart. He trusted the sceptical common sense of the British electorate. He never thought that there would be a majority vote to overthrow the electoral system. Not all Tories shared his confidence, nor did the early opinion polls vindicate it. It seemed as if Mr Cameron had taken the risk of running through an explosives factory with a naked flame.
May 07, 2011
May 06, 2011
Competition, Cartels and the Euro Crisis
Alex Taylor hosts I talk, the new programme on Euronews where the public question Europe’s decisions makers. This week’s guest is Joaquin Almunia, the European Commissioner for Competition
May 05, 2011
Can Europe escape the debt trap? Yes – and here's how
Financial markets have successfully demanded the imposition of severe austerity on the periphery of the eurozone – Greece, Ireland and Portugal – to deal with public debt. The markets have also raised concerns about it in the United States, Britain and Japan, clamouring for austerity. Public debt seems to operate like a mask behind which lies a shadowy world of creditors to whose upkeep entire economies are mortgaged.
May 04, 2011
Euro zone takes third debt crisis patient into care
Portugal and Greece talked up the benefits of Lisbon's decision to accept a multi-billion euro bailout from the European Union and IMF on Wednesday, but the outlook for both countries and Ireland remains highly uncertain.
May 03, 2011
Bond Vigilantes Ignore Next Stage of Euro Crisis: Matthew Lynn
Greece? Been there. Ireland? Done that. Portugal? Got the T-shirt. For the past year, countries sharing the euro have been going bust one by one.
So where’s next? Plenty of people will point the finger at Spain. Some at Italy. A few single out Belgium, a country with high debts, and no government.
So where’s next? Plenty of people will point the finger at Spain. Some at Italy. A few single out Belgium, a country with high debts, and no government.
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