And more than 80pc of firms questioned said they were not exporting, according
to the latest assessment of the SME sector from cross border development body
GloHealth is to target young people and those who have dropped
their insurance in recent years with an innovative plan that allows people to
buy a cheap 'cash plan' but then upgrade to full cover if they need hospital
ITALIAN Finance Minister Pier Carlo Padoan has said he is
convinced that the European Central Bank (ECB) is gearing up to do more to boost
growth and stem the threat of deflation in the eurozone.
Ireland’s borrowing costs hit a new record low today following
the decision by Fitch to upgrade the State’s credit rating on Friday.
Wall Street banks are drawing up preliminary plans to move some
London-based activities to Ireland to address concerns that the UK is drifting
apart from the EU.
German luxury carmaker Mercedes-Benz has been found guilty of
manipulating prices for after-sales services in China, the official Xinhua news
agency reported, citing regulators.
Flashes of illumination rather than fireworks are expected at
this week’s annual meeting of top central bankers and economists in Jackson
Euro Topics: At a meeting in Brussels on Friday the EU's foreign ministers paved the way for individual states to supply weapons to the Kurdish forces in Iraq. Finally the EU is speaking with one voice, some commentators write in praise. Others call on their countries to join in with weapons deliveries.
Germany must finally take action: German Foreign Minister Frank-Walter Steinmeier has promised Iraq's prime minister designate Haider al-Abadi support in preventing the Islamists from advancing further. However the German government is still discussing whether or not to supply weapons to the Kurds. The time for deliberation is over, the liberal-conservative German daily Tagesspiegel admonishes: "The murdering continues every second as the talking, weighing up and arguing goes on. And it is not happening in secret but with the world looking on. ... There is no perfect solution in such a conflict, no clear-cut black and white. In the end the decision boils down to what is the lesser evil. This is not a pretty realisation, but it is inevitable. After a week in which a growing number of voices in politics and society no longer rule out weapons deliveries, it looks like all the arguments have been voiced. The time has come to take action."
France retreats into its shell: The French economy stagnated again in the second quarter of 2014. But instead of protesting the French seem increasingly resigned to this fate, the regional daily Courrier de l'Ouest laments: "There's every reason to be outraged at the current impasse: the extreme isolation of the president, the government's inability to change the trend or implement reforms. Meanwhile there's nothing but the same old complaints from business and the same old conservatism from the social partners... France, the proud home of the rooster, has become the land of the snail. Slow, resigned, withdrawn, weather-dependent. But also patient. They say molluscs proliferate most in places that have long been isolated. That's what we're like. Will our snail-like condition allow us to crawl out of our shell one day? To find the way out of the moral crisis that has left us more paralysed than all our European neighbours?"
US can't bomb Iraq into peace: The US military has been carrying out airstrikes against the militias of the Islamic State (IS) for over a week. According to military reports, the terrorist group has been slowed but not stopped. US bombs have never brought peace to the region, the left-leaning Swiss weekly paper WOZ writes: "After decades of conflict, everyone on the ground is either directly or indirectly supported by the US, or is fighting, like the IS, with American weapons. Obama is now the fourth US president in a row to bomb Iraq. Why has this clever erstwhile prince of peace let himself be forced into worsening the chaos with airstrikes? ... What President Obama - perhaps - views as a limited operation, the old and the new hawks in the US see as a licence to impose 'muscular humanitarianism', of which there can be no doubt that the only winner will be the arms industry. Or as what remains of the US peace movement say: the Iraqi people have never benefited from a US bomb. And they never will."
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