Will New Norway Government Help Prosperity?
There’s an old adage that says, “If it ain’t broke, don’t fix it.” Norway seems to disagree.
Dutch PM Wins but Could Be Forced to Form Coalition
Dutch Prime Minister Mark Rutte’s Liberal Party emerged triumphant from the Netherlands’ election on Wednesday, defeating far-right euroskeptic voices, but he may need to form a coalition with the Labour Party, which finished only two seats behind his own.
Germany Doubles Down on Greece
German officials seem to be backing away from earlier hints that leniency would be possible toward Greece on complying with the budget constraints of its bailout package.
Several recent elections in Europe were seen as a referendum on fiscal austerity (and fiscal discipline) and their results were presented as a mood shift in favor of more government spending and economic stimulus.
Sarkozy, Austerity Are Losers in E.U. Elections
Europe could be in for change, if voters in three different countries over the weekend have anything to say about it.
Greek Debt Talks Resume Amid Bickering
Talks to resolve the Greek debt crisis were to continue on Thursday, amid ongoing disagreements among private creditors, the European Central Bank and other parties about which degree of losses might be considered acceptable and who might have to be included in those losses.
Test Vote Threatens Germany’s Merkel, Euro Zone Rescue Fund
A test vote in Germany's Parliament on Wednesday brought bad news for Chancellor Angela Merkel, and perhaps for the whole euro zone.
German Court Tosses Out Challenges to Greek Bailout
Court challenges to Germany’s participation in the European Financial Stability Facility were thrown out on Wednesday, although the country’s top court warned that it was not granting “blanket” approval, and that the government must seek parliamentary approval for future bailout payments.
Finland to Greece: No Collateral, No Bailout
Finland’s Prime Minister Jyrki Katainen said Wednesday Helsinki may opt out of its share of a second rescue package for Greece if it is denied collateral on the money.
Despite Setbacks, Europe Is Still in Vogue
Good returns for mutual funds and ETFs