Editorials

The seriousness of the situation must not be underestimated. The financial markets no longer have any confidence in the ability of some European States to pay back their debts. The present financial crisis is primarily one of public indebtedness. It culminates in 78.7% in the euro area -...

Damages are expected to rise beyond those incurred by the 9/11 terrorist attacks in 2001.  The four day ban on air transport in Europe has disrupted life and the movement of several million people and has already cost more than one billion euros - it is also the cause of doubt with regard...

On the same site as the Katyn massacre, which witnessed in 1940 the deaths of many of the Polish elite, Poland is, once more, cruelly struck by a plane crash that caused the death of the president along with many of its political and military leaders. Three days after the notable gesture of Russia,...

In monetary and financial matters public declarations do not imply a guarantee of efficacy. Once again Europe has experienced this with regard to the creation of a financial aid mechanism for Greece. It is under fire from its critics because of its internal discord and reticence. It has opened the...