August 26, 2019

Berlusconi takes Italy to the brink

The Italian government's borrowing rates have hit a poet euro-era high as Prime Minister Silvio Berlusconi fends off suggestions he is about to resign. It is feared that Italy, the eurozone's third biggest economy, could become the next victim of the debt crisis. Silvio Berlusconi faces a crunch … [Read more...]

Cameron fends of backbench revolt over EU pullout

UK Prime Minister, David Cameron, has had a rather verbally violent week. Having just returned from an EU summit where he had a massive row with the French President, Nicolas Sarkozy, Cameron is now facing a backbench revolt from Conservatives who want a referendum on pulling out of the European … [Read more...]

EU leaders agree second Greece bailout package

European leaders have reached agreement on a second bailout package for Greece. They have also expanded their rescue funds to help shore up any other debt crises in the eurozone. European Union president Herman Van Rompuy said the rescue deal would be financed by both the EU and the International … [Read more...]

Finland poll result could spell trouble for Portugal

Finland has gone to the polls to elect a new parliament. Opinion polls are showing the nationalist True Finns party has quadrupled its support since the last election. Nationalist leader Timo Soini, has seen his tiny party go to 15 percent support in the opinion polls up from a minimal 4 percent at … [Read more...]