Finnegan's Take

Archives for crisis

EU leaders seem to have just discovered the EIB but the truth is the bank has grown increasingly active since the crisis broke In the sleepy Luxembourg headquarters of the European Investment Bank they are unsure how to handle their 15 minutes of fame. Suddenly everyone from François Hollande and Angela Merkel to David Cameron… » read more

Posted by Gary Finnegan

Doctors from across Europe are gathering in Athens on Saturday for an emergency meeting amid fears that the Greek health system is going into meltdown. The hastily-arranged medical summit, called by the Medical Association of Athens, is due to discuss plans for a new European Medical Network through which doctors could support the ailing health… » read more

Posted by Gary Finnegan

Chronic drug shortages in Greece have left thousands of patients without medicines and paralysed the drug supply chain. The impact of the ongoing financial crisis in Europe is having a deep impact on patients – and that’s before the possible return of the Drachma which could at least double the relative cost of imported medicines.… » 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

The temporary ‘crisis committee’ should take on innovation policy Earlier this month, the European Parliament’s new committee on ‘financial, economic and social crisis’ met for the first time, pledging to examine how Europe got into this mess and how we might get out of it. All the talk was of reflecting on past mistakes and… » read more

Posted by Gary Finnegan