Recent Posts

France’s Hollande ‘right’ on reforms, says Schaeuble

  Berlin / AFP Germany’s finance minister on Thursday voiced backing for the French government’s labour reforms that have sparked crippling strikes, saying France was capable of withstanding such social opposition. “France is obviously not unreformable,” Wolfgang Schaeuble told journalists, adding that President Francois Hollande “is right” to champion the reforms. He shrugged off the impact of the strikes that have ...

Read More »

Boris Johnson needs re-educating about the EU: EC chief Juncker

  Bloomberg Former Mayor of London Boris Johnson, a campaigner for Britain to leave the European Union in next month’s referendum, needs to be re-educated about the way the 28-nation bloc works, European Commission President Jean-Claude Juncker said on Thursday at the Group of Seven summit in central Japan. Asked about Johnson’s comments linking the bloc to Adolf Hitler and ...

Read More »

Hungary’s MNB says interest rates low enough for now

  Budapest / AFP Hungary’s central bank said on Thursday it was now ready to leave interest rates alone after cutting a key rate to a record level. The bank, the MNB, cut the benchmark rate to a fresh record low of 0.9 percent Tuesday, in what it says is now the end of its third interest rate easing cycle since ...

Read More »
Send this to a friend