Alliance of Liberals and Democrats in EU parliament rejects ACTA
• http://rt.comThe Alliance of Liberals and Democrats (ALDE) in the European parliament has announced it cannot support the Anti-Counterfeiting Trade Agreement (ACTA).
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European Union
EU says no impact on U.S. beef imports from mad cow case
• http://www.reuters.com, By Charlie DunmoreThe European Union's executive said on Wednesday it did not intend to impose any particular measures on imports from the United States following the discovery of the country's first case of mad cow disease or BSE in six years.
Spain Temporarily Seals Border To Keep Out Anti-EU Protesters
• http://www.prisonplanet.com, Paul Joseph WatsonEU gave green light to bar anti-ECB protesters from entering country during summit
Spain drops London Olympic ticketing into hot water
• http://rt.comThe outrage over the allocation of London 2012 Olympic tickets reignites as ticket-hungry Britons see fresh opportunity to buy slip from their hands.
North, South, East, and West: Austerity Revolt Felt Across Europe
• http://www.commondreams.org, Common Dreams staffEurope’s austerity backlash gains steam in challenge to German-driven program
EU imposes new sanctions on Syria, banning luxury goods, products with military uses
• http://www.washingtonpost.com, By Associated PressThe European Union on Monday banned the sale of luxury goods and products to Syria that can have military as well as civilian uses.
Europe growth fears sink euro, global stocks
• http://www.reuters.com, By Luciana LopezInvestors pushed global equities and the euro lower on Monday as Dutch political turmoil and disappointing euro zone data revived fears the region's debt crisis could keep much of Europe mired in recession through the year.
Hollande Blames Europe’s Austerity-Only Plan for Le Pen’s Rise
• bloomberg.com, By Helene Fouquet and Mark DeenFrancois Hollande, the winner of the first round of France’s elections, said Europe’s austerity drive fueled despair and created conditions for the record-high score for anti-euro National Front leader Marine Le Pen.
Dutch prime minister Mark Rutte resigns over austerity measures
• http://www.telegraph.co.uk, By Bruno WaterfieldMark Rutte, the Dutch Prime Minister, handed his resignation to the country’s Queen after European Union demands for austerity measures to bring Holland into line with euro spending rules caused the collapse of his government.
GLOBAL MARKETS: European Stocks Drop On Political Worries, Weak Data
• http://online.wsj.com, By Ishaq Siddiqi
Far-right French voters to arbitrate heavyweight run-off
• http://rt.comWith the surprise breakthrough by the far-right in the first round of the French presidential poll, political pundits now say their supporters are in a key position to decide who becomes France’s next leader.
EU suspends sanctions on Myanmar
• http://www.aljazeera.comForeign ministers meeting in Luxembourg approve a one-year suspension of sanctions without removing arms embargo.
Dutch cabinet to hold crisis talks
• http://www.aljazeera.comNation looks set for early elections after negotiations between main parties on cuts to budget collapsed on Saturday.
EU pushes back oil sands decision
• http://www.upi.comThe European Union has delayed a decision on whether to classify oil sands as a "dirty" form of crude oil, bringing praise from Canadian officials.
EU Parliament Slams Argentina's YPF Seizure
• http://www.law.com, By Raf CasertThe European Union parliament on Friday condemned Argentina's move to seize control of the YPF division of Spanish oil and gas company Repsol and demanded that the EU take action against Buenos Aires at the World Trade Organization.
Netherlands Expected to Press Ahead on Austerity Cuts
• http://www.nytimes.com, By PAUL GEITNERAs one of the last few euro members with an untarnished credit rating on the line, the Dutch government indicated Sunday that it would press ahead with efforts to pass an austerity budget
Spain about to enter full-scale collapse - the Eurozone is peeing their pants
• Zero HedgePut another way, today the entire Spanish banking system is saturated with toxic mortgage debt on a level that makes the US in 2008 LOOK GREAT.
Spain Bans Cash
• http://www.prisonplanet.com, The Daily BellSpain Bans Cash Transactions Over 2,500 Euros … Spain has outlawed the use of cash in business transactions in excess 2,500 euros in order to crack down on the black market and tax evaders.
UPDATE: Canada Will Pledge Funds For Other Countries, Not Euro Zone - Flaherty
• http://online.wsj.com, By Nirmala Menon
Germany sees upswing amid eurozone turmoil
• http://www.businessweek.com, By DAVID McHUGHkey index of business optimism on Friday reinforced what an increasing number of economists are saying: Germany is beginning to see an upswing -- even as the rest of the 17-country eurozone struggles with economic and financial turmoil over too much
Euro zone strugglers falter in property sell-off
• http://www.reuters.com, By Tom BillDebt-laden euro zone countries hoping to sell state-owned property must cut prices and establish more transparent sales programmes to boost the slow trickle of transactions to date, research showed.
Germany to Greece: Cut Safety Nets for Citizens But Keep Buying Our Weapons
• http://www.commondreams.org, Common Dreams staffAs Germany insists that Greece submit to harsh austerity measures leaving pensions cut, unemployment soaring and the healthcare system slashed, one area it believes needn't be cut is Greece's weapons purchases, provided in great part by and benefitin
French correction: EU wary of Sunday vote
• http://rt.comCampaigning is winding up for the French presidential hopefuls before voters hit the polls on Sunday.
EU may reject ACTA
• http://rt.comThe controversial pan-global anti-piracy agreement, ACTA, may soon be dead in the water.
FOREX-Euro dips vs dlr, investors still wary on Spain
• http://www.reuters.com, By Nia Williamseuro fell against the dollar on Wednesday after French President Nicolas Sarkozy said a strong euro hurt exporters.
Greece Is Using A Bartering System In Lieu Of The Euro
• http://govtslaves.info, Mark LowenAs Greece wonders whether its debt crisis will eventually spell its exit from the euro, one town, Volos, has formed an alternative local currency.
UPDATE 1-Euro zone inflation obstinately shows no signs of easing
• http://www.reuters.com, By Robin EmmottThe EU's statistics agency revised upwards its March inflation reading for the euro zone on Tuesday, adding to the case for the European Central Bank to hold back from further monetary stimulus.
Renewed euro zone worries prompt investor caution -BofA poll
• http://www.reuters.com, By Richard HubbardInvestors have turned away from riskier assets, favouring U.S. stocks, as concerns about the euro zone debt crisis resurface and expectations for global growth are scaled back, a closely-watched fund managers' survey showed on Tuesday.
IMF Warns Against Prolonged Euro-Zone Deflation
• http://online.wsj.com, By GEOFFREY T. SMITHThe euro zone is risking a "prolonged period of deflation" if it doesn't do more to address the vicious circles that its debt crisis is creating, the International Monetary Fund said Tuesday.
A Quick Guide To Why Everyone Is Worried Sick Over Spain
• http://www.businessinsider.com, Simone FoxmanSince the burst of its housing bubble in 2007, Spain's economy has been in a downward spiral and could very well become the next Greece.
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