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Tag Archives: Italy

BBC reports from unemployment-hit South & EU elections. Do you want to participate?

“What jobless in crisis-hit south think of the European elections?” BBC journalist Patrick Jackson is traveling to “unemployment hotspots” of the Eurozone and collects opinions from Spain, France, Italy and Greece. First stop is Seville, in the Spanish region of Andalucia where general unemployment reached 36.3% last year and youth …

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Samaras – Letta: Greek-Italian virtual reality

“Greece is emerging from the crisis” Italian prime minister Enrico Letta following a meeting with his Greek counter part antonis Samaras in Athens. “Greece is emerging from the crisis and Italy will stand next to it though the country which must, however stick to its pledged reforms,” Letta added. “We …

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Europeans from crisis-hit South flock to Germany seeking work

Mass migration revived in times of debt crisis, recession, austerity and unemployment. From European door to European door, so to say. One million people from the European south moved to Germany in 2012, Germany’s statistics authority said on Tuesday. And majority of the new European migrants came from Spain, Greece …

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Greek prosecutor investigates illegal horse trade and abattoirs for export

Stolen horses, malnourished horses, abused horses. Do they all land in illegal slaughterhouses and get exported to Europe in form of steaks and minced meat? A prosecutor investigates claims and complaints  that Greece might be a centre for the export of horse meat. Just weeks after the horsemeat scandal in …

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Berlin calls Italy: “You are not Greece”

The deadlock in government formation after Sunday’s election in Italy, did not only stirred up the markets but set also the back of Germany on fire. “You’re not Greece, the eurozone can not afford for a Greek-style scenario in Italy” Berlin told Italy through Philipp Missfelder, foreign policy spokesman of Merkel’s …

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Citigroup: Greece probably to leave eurozone next year

Three eurozone nations will have to restructure their government debt next year, and Greece will probably exit the eurozone, Citigroup predicts. Italy, Spain and Greece will need debt restructures next year, Michael Saunders, Citigroup’s chief European economist believes. The same forecast is true of Ireland, Portugal, Cyprus and Slovenia by …

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EUROPOL Dismantles International Network Smuggling Migrants to EU

In a joint cooperation with Europol, Greek, Italian and German authorities dismantled an international criminal network smuggling Iraqi and Kurdish migrants to EU. The criminal organisation set up by Iraqis had transferred more than 1,500 people and earned around 12.5 million USD. The criminal used to move migrants from Turkey …

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Amato: If Greece Exits Euro, Italy is next; EuroZone is Like an Artichoke…

This statement was made by the former Prime Minister of Italy Giuliano Amato. ” If Greece exits the euro, the next could be us. Because the Eurozone is like an artichoke. Sooner or later the leaves may be cut off, “Amato told Italian daily “Il Messaggero“. With regard to Greece,  Giuliano Amato said: “On …

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Greece Seeks International Aid to Combat Wildfires Near Athens

Greece sought international aid to combat the wildfires that started on Saturday, spread to an area of  20,000 acres and burnt of rural and agricultural land, several houses, professional sites and warehouses and causing dozens of residents to flee their homes in the Eastern Attica region some 30 to 50 km away from …

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EU Commission Predictions: Greece Recession -4.7%; Rest of EZ-South Does Not Feel Better Either…

I think it’s high time for European bureaucrats to take a deep, passionate look into the euro zone countries realities and thoroughly review their economic strategies. In its 2012 forecast report about growth within the EZ, the European Commission announced the griming predictions for the EZ in general and the European South in …

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What Will Happen if Greece Leaves the Euro?

There is so much talk these days about a possible euro exit of Greece, especially under a left, anti-bailout government. I found an very interesting article about the consequences for Greece and the other Euro countries. The author, an Italian, asked several market experts on the impacts that “such a shock” would …

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Verhofstadt Rubbished V. Rompuy’s Claims, the Economic Crisis was Over

Leader of Belgian party ALDE,  Guy Verhofstadt has rubbished claims that the economic crisis is “over”.  Speaking in Strasbourg on Wednesday, the Belgian deputy ridiculed recent suggestions by his compatriot, European council president Herman Van Rompuy that Europe’s ailing economy was now over the worst. Verhofstadt’s remarks came on the …

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