Finance & Trade
Austria Faces EU Pressure to Reveal Banking Information
May 24, 2013
European officials are stepping up calls for Austria to join a plan to automatically share the interest income of foreign account holders in Austrian banks with other countries as the EU cracks down on citizens attempting to avoid tax liability.Euro-zone Economic Weakness Is Longest Since War
May 22, 2013
The Wall Street Journal reports that the euro-zone financial crisis has resulted in the longest economic slump since World War II, with no end in sight for the struggling countries.EU Imposes Olive Oil Restrictions
May 22, 2013
The European Commission will implement a measure in 2014 requiring restaurants to serve olive oil out of pre-sealed, non-refillable containers, as observers complain that the EU is not doing enough to combat the financial crisis.Polls Find Disenchantment with EU
May 15, 2013
A new Pew poll reveals a steep drop in the percentage of European citizens who favor the EU, including a 19% decline of support in France since 2012.Farage: Continuing EU Project Is "Refusing to Admit Failure"
May 15, 2013
During last week's session of the European Parliament, Nigel Farage, Founder of the UK Independence Party ("UKIP"), asserted that the UK will leave the EU within six years and that democracy, not the EU, is the basis of the current longstanding European peace.German Cabinet Moves Toward Eurozone Banking Union
May 15, 2013
In a step toward full-fledged banking union among the eurozone countries, the German Cabinet has approved legislation granting the EU central bank oversight of the three largest banks on the Continent.EU to Adopt Tariffs on Chinese Solar Panels
May 13, 2013
The European Commission is set to impose new import duties on Chinese solar panels next month as EU officials accuse China of heavily subsidizing this industry.Orban: Christian Values Will Save Europe
May 8, 2013
In a recent speech, Prime Minister of Hungary Viktor Orban said that Europeans' shared Christian identity is the key to solving the crises facing the continent.Broome: Governance Institutions Should Define Roles
May 8, 2013
Prof. Andre Broome of the University of Warwick argues that the International Monetary Fund and EU institutions should increase their effectiveness in global financial governance by defining their respective roles in bailing out EU states.Lawson Calls for UK Exit from EU
May 8, 2013
Nigel Lawson, Chancellor of the Exchequer under Margaret Thatcher, has called for the UK to break away from the "bureaucratic monstrosity" of the European Union.













