Sleep-deprived EU leaders adopt a vastly reduced 2014-2020 budget that leading European parliamentarians vow to send back.
italy
Why the Europeans Don’t Really Want an E.U. Budget Deal
Three months after failing to reach agreements on whether to slash or bolster the E.U. budget, leaders gather in Brussels to find their positions still far apart
Entombing the Tomb of the Gladiator: Who Will Save the Roman Ruins?
Italy is running out of money to preserve the remains of the Roman Empire
50 Years After Landmark Treaty, Can France and Germany Save Europe?
Ceremonies marking the 1963 Franco-German partnership pale in comparison to U.S. presidential inaugurations, but they mark an alliance credited with driving the E.U. — and the euro — toward greater stability and prosperity
A Time for Mischief: Will Monti’s Departure Mean Berlusconi’s Return?
Italians — and Europeans — were stunned at the turn of political events, just as the economy seemed to be approaching some sort of stability
It’s Official: Eurozone Enters Second Recession In Three Years
Despite positive growth in France and Germany, official figures show the 17-nation euro bloc sinking into its second recession since 2009—with experts warning the worst is yet to come.
France ‘Biggest Problem’ in Euro Crisis, Say German Officials
France smarts at German comments despairing French economic response to the euro crisis, and media reports contending Berlin is preparing a To-Do reform list for sluggish leaders in Paris.
Venice’s Hungry Tide: Floods Hit 70% of Italian City
The tourist mecca of Venice experienced a dramatic bout of acqua alta — or high water — flooding this Sunday, brought on by heavy rains that led to much of the coastal, historical city of bridges and canals getting swamped
An Italian Job: Why Silvio Berlusconi Won’t Be Going to Jail Anytime Soon
The media tycoon and former Italian prime minister, sentenced to four years in prison on tax fraud charges, has a knack for slipping through the hands of justice
The Aquila Earthquake Verdict: Where the Guilt May Really Lie
The scientists were gathered by the government in a PR ploy to allay fears—when the probability of a quake were actually going up.
How to Improve a British Royal Scandal? Add Berlusconi
While the U.K. is in uproar over the publication of topless photos of the Duchess of Cambridge, the homeland of the paparazzi sees it all a bit differently
In Autumn’s Challenges, a Series of Existential Crises for the Euro
The fate of the euro will be repeatedly tested in coming weeks, as the European Central Bank, markets, legal experts and politicians all weigh in from opposing sides in the struggle to preserve the tormented common currency
French President Hollande Embarks on His Own Mission Impossible
Under fire for not moving faster to mend France’s economy, Socialist President François Hollande is both pushing for further stimulus spending while also trying to slash budgets.
