Fifth of eurozone banks 'fail ECB health check'

The unprecedented health check of eurozone banks comes before the ECB assumes the role of the bloc's banking supervisor next month. The failing banks were thought to be in Ireland, Italy, Greece and Austria and will have until November 10 to fill in capital shortfalls, the paper reported. One of the failing banks is being to be the Austrian lender [...] Read more ...

via Yahoo
25 Oct 2014

Is the Global Economy Still Stuck in Recession?

After three years of smooth sailing on Wall Street, investors were almost complacent, but then the New York Stock Exchange began to jump up and down. On October 8th, the Dow Jones Industrial Average had its best day of the year. Last week, it suffered its worst loss. Is worldwide economic recovery being put on hold? Read more ...

via Kcrw
25 Oct 2014

25 Years of Transition; Post-Communist Europe and the IMF; Regional Economic Issues Special Report; October 24, 2014

International Monetary Fund, 2014. p. ; cm. – (Regional economic issues special report) Includes bibliographical references. 1. Some other transition countries had already begun diversifying their trade destinations toward broader Europe in the decade leading to transition. Country situations in 2014 The transition countries have, for the most pa [...] Read more ...

via Imf
25 Oct 2014

Europe’s Fiscal Wormhole

The fulfillment of policy rules in the eurozone appears to be impossible without growth, but growth appears to be impossible without breaking the rules. With all of the rules pointing toward recession, how can Europe boost recovery? Read more ...

via Project-syndicate
25 Oct 2014

Poland Appeals Court Ruling That Rights of 2 Terrorist Detainees Had Their Rights Violated at CIA Black Prison in Poland

October 25, 2014 Poland Appeals European Court of Human Rights Ruling on C.I.A. ‘Black Site’ Rick Lyman New York Times October 25, 2014WARSAW — The Polish government has appealed a ruling by the European Court of Human Rights that the country violated the rights of two terrorism suspects by transferring them to a so-called “black site” in [...] Read more ...

via Matthewaid
25 Oct 2014

Environment: 12 cities apply for European Green Capital Award 2017

European Commission - Press Release details page - European Commission Press release Brussels, 24 October 2014 The deadline for submitting entries to the European Green Capital 2017 competition cycle has expired. The following cities have entered: Bursa (Turkey) Cascais (Portugal) Cork (Ireland) Essen (Germany) 's-Hertogenbosch (Netherlands) Istanb [...] Read more ...

via Europa
25 Oct 2014