The problem ,apart from financial solutions, needs political Will of the EU as the economies of the EU countries are interlinked and the fact is that some Nations like France, Germany have to bear the cost of PIIGS(Potugal,Italy,Ireland,Greece,and Spain).Let’s see how artificial Union stands up?
Story:
Governments in Athens, Madrid and Lisbon struggled on Friday to quell fears of a looming debt crisis in Europe that is pummeling the euro and rippling across global markets, as authorities vowed to impose fiscal austerity and plug their yawning budget deficits. The problem, however, is that investors don’t appear to believe them.
http://www.washingtonpost.com/wp-dyn/content/article/2010/02/05/AR2010020504411.html?hpid=topnews
Tag: germany
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Debt crisis unsettles European economy.
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German government warns against MS Explorer use
Misfortunes never come alone,losing Anti Trust suit,latest product not up to standards and now this.
BERLIN — The German government has told people to avoid using Internet Explorer until Microsoft Corp. develops a patch to fix a security flaw that led to hacks against Google and others.The Federal Office for Information Security, or BSI, told Germans to use a browser other than Explorer to ensure security. It said even running Explorer in “security mode” did not render it fully safe.
http://www.forbes.com/feeds/ap/2010/01/16/technology-technology-hardware-amp-equipment-eu-germany-microsoft-security-flaw_7280082.html?partner=alerts -
Man robs shop on way to interrogation: German police-Hilarious!
‘A 41-year-old man in Germany due to face questioning over theft got himself in even more trouble by squeezing in another robbery on the way to the police station, police said.
“It was a case of ‘just nipping out to do a bit of thieving before being interrogated for shoplifting’,” police in the western region of Lippe said Tuesday.
Officers were following up a supermarket robbery in the town of Blomberg with detailed descriptions of two thieves and their getaway car when they had to return to the police station.
To their amazement, they said they discovered a man at the reception waiting to be interrogated for shoplifting who looked suspiciously like one of the pair wanted for the morning raid.
Outside, they said they found his accomplice sitting with the stolen goods in a car with the matching number plate.
Now the man faces a second set of charges, police said.’
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