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the really big challenges to europe's standard of living come not from the euro crisis, but from globalization, technological change and aging populations.
insight: europe treads a thin line on greece
two weeks ago, herman van rompuy and jose manuel barroso, the european union's top two officials, met for lunch in van rompuy's offices to discuss the deteriorating situation in greece. their immediate ...
analysis: with or without euro, europe must raise its game
london (reuters) - the opening last week in northeastern spain of a 37-million-euro stretch of motorway to nowhere is an irresistible metaphor for the euro, an ambitious project conceived in better times that is now seemingly running out of road. with spain heavily in debt, the authorities could not afford to finish the highway but opened the completed 6 km section near lleida in any case to ...
mastercard loses card fee challenge, visa europe next
luxembourg (reuters) - mastercard lost a challenge to an eu ban on its cross-border card fees in a ruling that puts rival visa europe squarely in the sights of the european regulators over its charges. europe's second-highest court rejected on thursday arguments by the world's second-largest credit and debit card network, upholding the european commission's 2007 decision which was t...