from Hurriyet Daily News
from Grahnlaw by Ralf Grahn
Tired of austerity, voters in Iceland seem to have returned to power the conservative Independence Party and the liberal Progressive Party which presided over the outbreak of economic crash (Iceland Review Online).
from open Democracy News Analysis – by Frank Slijper
This second of two essays on military spending and the EU crisis, explores the role of the European arms trade, corruption and the role of arms exporting countries in fuelling a debt crisis, and why these ‘odious’ debts need to be written off. See Part One here.
from open Democracy News Analysis – by Mario Pianta
Europe is increasingly unpopular, the recession hits the euro area and Angela Merkel is now facing a new populist party. So Brussels opens up to a timid change of season. But austerity has not yet been defeated politically, in elections and in the streets.
from FT.com – World, Europe
Belt-tightening fatigue will lead to measures resulting in assets such as bonds, equities and privatised companies trading at more realistic valuations
Italy’s new government has been in office since Sunday. Under Prime Minister Enrico Letta, the left-wing PD and the conservative PdL have formed the first grand coalition in Italy since 1947. Some commentators are confident that the alliance forged by Letta and President Giorgio Napolitano can end the political crisis in the country. Others believe the truce between Left and Right won’t last for long
from Blogactiv by Dimitris Rapidis
The veteran former communist recalled to office is under fire for wielding his authority and stretching his constitutional powers, writes Guy Dinmore
from A Fistful Of Euros » A Fistful Of Euros by Edward Hugh
Spain?s economic problems now form part of such a complex web of cause and effect, action and reaction, that it is getting increasingly difficult for laymen, journalists and politicians alike to get to the core of what is actually happening.
from A Fistful Of Euros » A Fistful Of Euros by Alex Harrowell
The French Socialists? internal policy machinery has been activated to express increasing frustration and anger at the constraints of the Eurozone, in the context of rising unemployment and basically no sign of anything improving. Specifically, they?re trying to start a row with the Germans, and somewhat less obviously, Britain. The key quote is here:
from Ideas on Europe by Ronny Patz
The ?Eurobubble? online series (see also my recent blog post) and the last months of working in Brussels have raised again my academic interest in the sociology of the bubble. In my readings around this subject, I stumbled over ?Le champs de l?eurocratie: Une sociologie politique du personnel de l?Union européenne?* by Professor Didier Georgakakis.
Sorry – who are you again? The rather indifferent German response to French socialists’ attack on Merkel
from Open Europe blog by Open Europe blog team
On Friday Le Monde got a big scoop with the news that French President Hollande?s Socialist party had drafted a strongly worded paper criticising Angela Merkel and her focus on austerity, accusing her amongst other things of ?selfish intransigence?. It?s not exactly news that all was not well with the ?Franco-German motor? but still pretty explosive stuff and we were keenly anticipating what the German response would be.