ECONOMY

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The flag of Europe is pictured in front of the ECB headquarters in Frankfurt

OECD Tells Eurozone to Integrate or Face Break-up

The Organisation for Economic Corporation and Development (OECD) has warned that the Eurozone must integrate its fiscal policy or face the possibility of a breakup, with Britain heading for a double-dip recession.
United Kingdom Independence Party MEP Nigel Farage delivers his speech at the party's spring conference in Milton Keynes

Why Aren't Eurosceptics Celebrating the Eurozone Crisis?

As the Eurozone crisis continues to run its course many eurosceptics have taken to print and the airwaves to point out that what they have been saying for decades about the flaws in the European Project is finally coming to pass.
Iran Crisis

Could Barack Obama be a Victim of the Eurozone Debt Crisis?

The eurozone crisis has already led to the toppling of two elected governments and their replacement with EU approved technocrats with a democratic mandate somewhat below that enjoyed by Robert Mugabe. With Barack Obama up for re-election next year, could the euro crisis even lead to the toppling of the so-called leader of the free world?
Mariano Rajoy

Merkel Urges New Spanish Leader to Reform Quickly

German Chancellor Angela Merkel has urged Spain's prime minister-elect, Mariano Rajoy, to make necessary changes as soon as possible to prevent another crisis on the scale of Italy or Greece, as markets reacted badly to news of his victory at the polls.