europe’s maquina infernal has crippled spainspain is spiralling into the vortex of debt-deflation. this has nothing to do with greece. it is not the result of fiscal extravagance over the past decade, or other such wagnerian myths.austerity bites, but fascism won’t snarl in europeeurope’s citizens are turning the tables on their ruling elites as austerity bites. in election after election, they send their governments packing and turn instead to fringe parties, some of which evoke the ghosts of europe’s authoritarian and racist past.mastercard loses card fee challenge, visa europe nextluxembourg (reuters) - mastercard lost a challenge to an eu ban on its cross-border card fees in a ruling that puts rival visa europe squarely in the sights of the european regulators over its charges. europe's second-highest court rejected on thursday arguments by the world's second-largest credit and debit card network, upholding the european commission's 2007 decision which was t...embraer looks past europe as slump damps sales: corporate brazilembraer sa (erj) , the world’s fourth- biggest planemaker, is boosting efforts to sell more jets in asia , the middle east and africa as the european debt crisis saps demand in the manufacturer’s biggest market. |
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