Germany's Hans-Gert Pöttering has been at the head of the European Parliament since January 2007. He explains why European states should pull together to find a common solution to the financial crisis. (Part 1)
European Central Bank president Jean-Claude Trichet tells FRANCE 24 that Europe needs to find its own solutions, and that to follow the US example would be naïve.
Billion-dollar bailout schemes and major bankruptcies have sent taxpayers and traders reeling with shock as global banking systems teeters on the brink of collapse. Is this the end of global capitalism as we know it?
Crucial talks between Greek party leaders and European debt inspectors stalled again Thursday over the payment of supplementary pensions. Eurozone finance ministers will discuss the Greek bailout during a meeting later in the day.
Greek party leaders have once again suspended crisis talks on tough reforms required before lenders release €130 billion in new rescue funds. Without the new bailout, Greece would default on its debt in March. Talks are set to resume Wednesday.
Unemployment in the 17-nation eurozone has risen to its highest level ever, hitting 10.4% in December, Eurostat data showed on Tuesday. It is the highest jobless rate recorded since June 1998, before the single currency was introduced in 1999.
British Prime Minister David Cameron might be at odds with Nicolas Sarkozy over the French president’s proposed "Tobin tax" on financial transactions. But it seems some in the French trading community agree with him.
British Prime Minister David Cameron warned Monday that France's banks will flee to Britain if French President Nicolas Sarkozy goes ahead with plans to levy a 0.1% tax on financial transactions. Cameron called the French tax proposal "mad".
The newly elected president of the European Parliament is our guest. An outspoken German MEP from the Alliance of Socialists and Democrats, Martin Schulz has vowed to give the Parliament a stronger voice in Europe. He gives us his opinion on Greece, IMF rescue funds, the Commission's reaction to the Hungarian government of Viktor Orban, and the EU oil embargo against Iran.
