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29
Sep
08

Does Europe need a US-style bail-out plan?

This weekend has been a nightmare for European banking. With huge banks like Fortis in Benelux having to be bailed out by their governments, the French President, Nicolas Sarkozy, is calling a special meeting in Paris of all the continent’s major economies to discuss the current financial crisis.
Continue reading ‘Does Europe need a US-style bail-out plan?’

28
Jul
08

Worried about recession in Europe?

So far Denmark is the only European country to be in recession. But there are fears that other EU countries might follow. Spain and Ireland have suffered a housing market collapse and many people have run up huge personal debts. Rising energy prices have added to the gloom. How worried are you about an upcoming recession? What are your worst fears? Continue reading ‘Worried about recession in Europe?’




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