2012-10-24 By Harald Malmgren The mid-October Euro Summit illuminated widening divisions between the leadership in France and Germany. It is the German leadership which is most opposed to a single bank supervisor and a comprehensive “banking union” for the EU. In German politics, a EU banking union is little more than…
2012-10-16 by Richard Weitz Recently the Noble Peace Prize was awarded to the European Union. Norway's Nobel Committee handed its 2012 Peace Prize to the European Union (EU), even as the bloc faces its most serious crisis since it emerged from the ruins of two world wars, an award that…
The Greek Economic Crisis And Defense Budget Cuts: A Question of Balance By Harry Syringas
[email protected] Greece’s economic crisis and recent bailout have called for budget cuts across the board, including in its defense budget. Hence, given the fact that major arm suppliers of Greece, like Germany, demand reduction in…