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Ireland's 'Yes' on Austerity Referendum and Angela Merkel's 'More Europe Not Less'

On 31 May 2012 Ireland held a referendum - the only country to do so - as to whether or not its Government should ratify the Stability Treaty signed by 25 of the 27 European Union (EU) Member States in December 2011 and due to come into effect on 01 January 2013. This is the Treaty which Prime Minister David Cameron representing the UK famously refused to sign, along with the Czech Republic.
Graeme Mackay Jun 07, 2012

Grüße aus Deutschland: Angela Merkel Defender of the German Interest?

Brian Parkin writing for Bloomberg on 24 May 2012, highlighted how Germany's sharp fall in jobless figures over the past few years is not only saving the nation a fortune but enhancing Chancellor Angela Merkel's reputation as a very safe pair of hands. He could have added "and defender of Germany's interests in an increasingly hostile European Union."
Graeme Mackay May 29, 2012

US Cities with Most Underwater Mortgage [SLIDESHOW]

The persistent downturn in the US has taken a toll on mortgage debt in some of the major cities with homes continuing to be underwater about six years after home prices peaked, a recent report reveals.
Sanskrity Sinha May 26, 2012

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