Sorted by Month: October 2008

So Commissioner Viviane Reding has decided to play hardball over telecoms reform. Some weeks ago we discussed how the Commission’s proposed telecoms package would hand over extensive new powers to Brussels.
The European Parliament watered down these proposals in first reading, but it seems that the revised version to be sent to the Council gives little [...] Read Post »

There are tentative signs that the dust is beginning to settle after the last few hyperactive weeks, with signs that world leaders have mounted an effective response to the credit crisis. Inter-bank lending seems to be recovering, stock markets appear more stable and the outline of a global approach is beginning to show, following three [...] Read Post »

Just a week ago I suggested that continental Europe seemed rather detached from the global credit crisis.  Whoops! What terrible timing!
In the last seven days Europe has been hit by the storm force winds of this crisis. Liquidity has dried up, governments have been forced to rescue one institution after another, Iceland’s banking system seems [...] Read Post »