In Cyprus, it’s come to this: the government’s considering selling off its gold.
At least, that’s what the European Commission has advised to come up with ever more money to save the struggling Mediterranean country,
Cypriot President Nicos Anastasiades has said that despite its problems, his country has contained its debt crisis and averted the risk of a euro zone exit.
“The situation, despite the tragedy of it all, is contained,” he told government officials. “We
Even by euro zone standards, the handling of Cyprus’ banking crisis has been a monumental mess.
After a week of backtracking, blundering and last-minute brinkmanship, the deal stitched together between the Cypriot authorities and other euro zone governments in the
Italy’s electoral earthquake has rocked the foundations of the euro zone, plunging financial markets into turmoil and reigniting fears for the European currency’s survival.
Well over half of the Italian electorate voted for former Prime Minister Silvio Berlusconi
Ricardo Martinez de Rituerto has covered the twists and turns of Europe’s economic crisis for Spain‘s best-known newspaper, El Pais, for the past four years. Then he became part of the story.
The veteran Brussels correspondent is one of 129 journalists —