Posted by Matt in June 9th, 2009 |
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Europe, Asia Crisis, Banking Crisis, Brink, Central And Eastern Europe, Central Europe, Currency Reserves, Eastern Europe, Ebrd, Economists, Emerging Europe, European Bank For Reconstruction And Development, Fallout 2, Financial Crisis, Forbes, Foreign Currency, guardian, Neighbors, Npls, Peg, Reconstruction, Risk Loans, Western Banks
Some €180 billion in loans are ‘at risk’ in Central and Eastern Europe. If they went bad, could Western banks afford it? Should the West intervene now?
Nobody knows just how fast these “at-risk” loans are turning into NPLs, just that they are. The European Bank for Reconstruction and Development (EBRD), which warned of a potential [...]
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Posted by Matt in June 6th, 2009 |
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Economy, Europe, Financial, Bailout, Baltic State, Best Kept Secret, Centenary Celebrations, Confluence, Credit Crunch, democracy, Devastation, Economic Crises, Europe, European Election, Freedom, German People, Heart, Isaiah Berlin, Jewish Philosopher, Perfect Storm, Secret Germany, Vote
Germany is at the heart of a huge plan to prop up crippled EU economies - not that the German people would ever know
I will not vote in today’s European election. Instead, I am doing something much more interesting and relevant to the future of Europe and Britain. I am travelling to Riga to speak [...]
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Posted by Matt in June 6th, 2009 |
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Economy, Europe, Financial, Arc, Baltic Nations, Baltic Sea, Budget Cuts, Contagion, Crisis Fears, Currency Crisis, Darkness, Eastern Europe, Economists, European Economy, Financial Crisis, Fragility, Latvia, Neighbors, Neighbours, Sunday Herald, Wall Street, Wall Street Journal, Worries
Worries are intensifying that Latvia’s financial crisis will spread to its Baltic Sea neighbors and to Eastern Europe, economists say.
The situation is revealing fragility at the edges of the European economy and reportedly has sparked fears that a currency crisis could spread to fellow Baltic nations Lithuania and Estonia.
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Latvia’s Problems Prompt Worry About Contagion [...]
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Posted by Matt in June 4th, 2009 |
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Many European governments’ finances are as risky as Argentina’s were at the height of its worst financial crisis, and the U.K. gives cause to be “extremely nervous,” Harvard University professor Niall Ferguson said.
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Posted by Matt in June 4th, 2009 |
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Economy, Europe, 100m, Baltic State, Bond Auction, Budget Deficit, Currency, Currency Devaluation, Debates, Debt Crisis, Eastern Europe, Economic Crisis, Europe, Failure, Fears, Government Auction, Government Bond, guardian, Imf, Job, Latvia, New York Times, Sovereign Debt, Telegraph, Telegraph Co Uk, Telegraph Uk, Trade Union Confederation, Treasury Auction, Wall Street, Wall Street Journal
The failure of a government bond auction this morning heightened fears that the tiny Baltic state will have to devalue its currency, the lat, which could have a huge impact on the rest of the region and other EU states.
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Latvian debt crisis shakes Eastern Europe
Telegraph.co.uk - Jun 3, 2009
… a sovereign debt crisis after failing to sell a [...]
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Posted by Matt in June 4th, 2009 |
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Europe, Russia, War, Adolf Hitler, Poland, Russian Historian, Start Of World War Ii, Territorial Claims, Warsaw, world-war-II, Wwii
A Russian historian blamed Poland for the start of World War II in 1939 when Warsaw rejected Adolf Hitler’s territorial claims, officials said.
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Kovalov said it is “hard to regard these claims as unjustified.”
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Posted by Matt in June 2nd, 2009 |
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Europe, Berlin Wall, Construction Of The Berlin Wall, East German, German Leader, Germany, Historians, Klaus, Nikita Khrushchev, Photo Gallery, Russian Document, Soviet Counterpart, Spiegel, Walter Ulbricht
Historians have long argued over whether East German leader Walter Ulbricht or his Soviet counterpart Nikita Khrushchev was ultimately responsible for the construction of the Berlin Wall. A newly discovered Russian document from August 1961 provides some answers. By Klaus Wiegrefe more…
Photo Gallery: When the Wall Went Up
SPIEGEL 360: 20 Years After the Wall
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Posted by Matt in May 20th, 2009 |
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Europe, 6 Million, Array, Collusion, European Countries, germans, hitler, Holocaust, jews, John Demjanjuk, Mass Murder, Spotlight
The Germans are responsible for the industrial-scale mass murder of 6 million Jews. But the collusion of other European countries in the Holocaust has received surprisingly little attention until recently. The trial of John Demjanjuk is set to throw a spotlight on Hitler’s foreign helpers.
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Posted by Matt in May 19th, 2009 |
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Eastern Europeans who believe their countries were occupied by the Soviet Union after the Second World War could soon be barred from Russia under new proposals given official weight by the Kremlin.
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Posted by Matt in May 11th, 2009 |
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Europe, 1980s, Anger, Economic Crisis, Economic Downturn, Europe, Faces, Financial Institutions, Footsoldiers, guardian, Jobs, Mass Protests, Middle Class, People, Police Officer, Rage, Report Reference, Riots, Second Quarter, Spectre, Summer Of Rage, Violence
Stratfor.Com requested that I remove the report reference on the second quarter forecast. However, here is another source referencing the “Summer of Rage” in Europe.
Middle-class anger at economic crisis could erupt into violence on streets
Police are preparing for a “summer of rage” as victims of the economic downturn take to the streets to demonstrate against [...]
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Posted by Matt in May 8th, 2009 |
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Europe, Russia, Armenia, Azerbaijan, Barack Obama, Belarus, Borders, Eastern Europe, Eastern Partnership, Economic Ties, Europe, European Union, Moldova, New Administration, Prague, prosperity, Russia, Soviet Countries, summit, Ukraine
CAN Europe pull off America’s trick? The European Union wants to bolster stability and prosperity in ex-Soviet countries on its borders, while improving ties with Russia on other matters. That is pretty much what Barack Obama’s new administration has managed. It has separated the issues where agreement is reachable, such as arms control, from those [...]
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Posted by Matt in April 10th, 2009 |
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“It is no secret that when it comes to Russia, there are a wide range of views within NATO, from the very cautious to the forward-leaning,” said Jaap de Hoop Scheffer, the current secretary general. “Until we narrow that range it will be difficult to engage Russia effectively.”
But Russia, too, he continued, “needs to decide [...]
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Posted by Matt in April 6th, 2009 |
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Europe, Geopolitical, Turkey, Barack Obama, Best Of Both Worlds, Bypasses, Eco, Emergence, Europeans, Fundamental Issues, George Friedman, germans, Germany Economy, Global Financial Crisis, Largest Exporter, NATO, S Market, Stimulus Package, Stimulus Plan, Trans Atlantic, Unity, Weeklong Extravaganza, Western European Countries
One of the main reasons that Western European countries don’t particularly like the United States is that we won’t follow their lead. They are the leader and the United States must follow. We had trouble understanding that in the past, hence the Europeans hated us.
Enter Obama.
By George Friedman
The weeklong extravaganza of G-20, NATO, EU, U.S. [...]
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Posted by Matt in March 31st, 2009 |
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Europe, NATO, Role
NATO is celebrating its 60th birthday this week at a summit co-hosted by Germany and France. But the ceremonies cannot disguise the fact that the alliance, despite its successes, is facing huge challenges in Afghanistan and its dispute with Russia. By SPIEGEL Staff more…
Photo Gallery: NATO Turns 60
‘Big Tent Meeting’: A New Outlook for Afghanistan
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