Finnegan's Take

Archives for Default

Fears that Greece could default on its debt tops the EU agenda because it puts the balance sheets of a dozen German and French banks in peril. But Greece has already defaulted on its debts to companies. What is default? EU leaders have been trying to find a way around the fact that Greece cannot… » read more

Posted by Gary Finnegan

EPP leaders are doing their bit to help elect Fine Gael Last week, I moaned a bit about European Commission President Jose Manuel Barroso treating Fine Gael leader Enda Kenny to a photo opportunity in Brussels. I wondered if it was a bit paranoid to think that Barroso was heping his EPP buddy out by… » read more

Posted by Gary Finnegan