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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Showing posts with label public finance. Show all posts
Showing posts with label public finance. Show all posts

Wednesday, September 12, 2012

Dutch vote could affect how EU tackles debt crisis





The Netherlands is a founding member of the European Union and this trading nation has long been a staunch supporter of the bloc's open market, but many Dutch voters have begun questioning their role in the EU since the debt crisis erupted, feeling that their wealthy nation is paying too high a price to help bail out countries like Greece and Portugal.

The Dutch proportional representation system and splintered political landscape guarantee a coalition government and whichever party wins the most seats in the 150-seat Dutch House of Representatives will take the lead in choosing the parties to make up the next ruling coalition.

Rutte says the Netherlands faces a fundamental choice: the left's solution of spending on job-creation programs while government debt rises, or the austerity approach he has pursued with Merkel — bringing down the budget deficit while investing in roads and education to stimulate the economy.


READ THE ORIGINAL POST AT www.sfgate.com

Saturday, July 7, 2012

Finance standoff means Japanese government could 'run out of money' by October

In a crisis that echoes ones felt by other countries like the U.S. and Greece, all state spending - including salaries, pensions and unemployment benefits - could be halted if no solution is found.

READ THE ORIGINAL POST AT www.dailymail.co.uk

Monday, June 18, 2012