November 26, 2010
The eurozone will never be the same again – and nor will Europe as a whole. The scale of the crisis which has hit the single currency area in recent weeks is transforming the European Union. It looks as if the first victim is the European social model, as governments slash and burn, reducing public… » read more
Posted by Michael Berendt
November 8, 2010
Storm clouds loom once again over the eurozone. Interest rates on Portuguese, Irish and Greek government bonds are continuing to rise. Ten-year bond yields for Ireland reached a record 7.75 per cent on Monday, while for Portugal they were 6.67 per cent. The ECB started buying bonds again after several weeks’ abstention. There was some… » read more
Posted by Michael Berendt
Blogging commentary on current events from the perspective of someone who has been closely involved with the policies, the policy-makers and the whole complex network of people who make the process of European integration so exciting and absorbing.
