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Tapping a developing country for cash is a lot to ask so we need not be surprised that China wants something in return So it looks like Europe is asking China to contribute more than €100, 000,000,000 to boost its bailout fund and help save Europe’s single currency. The French President has been delegated the… » read more

Posted by Gary Finnegan

While closer fiscal union can help solve today’s crisis, the public backlash will cause some Member States to pull away over the next decade. Still, it’s better to separate the currency crisis from the political crisis as simultaneous catastrophes would be unbearable. The future remains uncertain but key elements of a plan to end the… » read more

Posted by Gary Finnegan

Let’s predict the headlines for the next EU summit: – Day before the summit: EU leaders divided ahead of crunch summit This one comes with stories of how impossible it will be to come to any agreement and how Obama has been on the phone screaming at Sarkozy to recapitalise French banks – Night of… » read more

Posted by Gary Finnegan