×

Europe Top News and Analysis Belgium

  • greece_athens_academy_2_200.jpg

    In two weeks, Alexandra Mallosi, 29, will be packing her bags and leaving the quiet Athens suburb of Holargos for Abu Dhabi to start a job as a hotel sales manager. It was not a tough decision, reports the New York Times.

  • meat_supermarket_AP.jpg

    For years, Anissa Benchamacha bought her meat in a parking lot, from vendors hawking near-expired products to Muslims eager to find food that met their religious requirements.

  • consumer_medicalreviewer_open_joint_200.jpg

    Struggling to reduce traffic jams and a high crime rate, Maastricht is pushing to make its legalized use of recreational drugs a Dutch-only policy, banning sales to foreigners who cross the border to indulge.

  • Stonehenge, England

    The prehistoric monument of Stonehenge stands tall in the British countryside as one of the last remnants of the Neolithic Age. Recently it has also become the latest symbol of another era: the new fiscal austerity. The NYT reports.

  • Map of Europe

    A week after the authorities released results of stress tests on the largest European banks, market data is starting to provide an indication of whether the exercise had the desired effect on confidence. The answer: sort of. The NYT explains.

  • The solidity of Belgium’s public finances was called into question on Tuesday after an independent budget watchdog challenged the government’s tax revenue forecasts and warned of higher budget deficits.

  • Euro

    For the first time in months, Wall Street trading desks are turning more bullish on the Euro and not betting against the currency, according to people familiar with the matter.

  • Edward Hugh

    For years, almost nobody paid attention to the sky-is-falling alarms of Edward Hugh, a gregarious British blogger and self-taught economist who repeatedly predicted that the euro zone could not survive. The NYT reports.

  • deflation_paper.jpg

    If the European Central Bank has one monetary dragon it considers essential to slay, it is inflation.

  • Euro bills and coins in cash register tray

    Greece announced Sunday a long-delayed rescue package that will require years of painful fiscal belt-tightening, but the deal probably will not defuse the potential threats to other European countries, The New York Times reports.

  • Euro bills and coins in cash register tray

    Greece announced Sunday a long-delayed rescue package that will require years of painful fiscal belt-tightening, but the deal probably will not defuse the potential threats to other European countries, The New York Times reports.

  • U.S. passport

    Amid mounting frustration over taxation and banking problems, small but growing numbers of overseas Americans are taking the weighty step of renouncing their citizenship. The New York Times explains.

  • portugal_building_200.jpg

    Speculators have begun to zero in on another small member of Europe’s troubled monetary zone, the New York Times reported, highlighting the same economic flaw that brought Greece to the verge of insolvency.

  • Greece

    There is little certainty in Brussels about what will be delivered to help Greece, or if a move would have any legal basis.

  • Workers of AB InBev stand on a picket line as they strike outside the InBev Brewery in Leuven, Belgium.

    Belgian beer lovers hoping to forget the economic slowdown and freezing weather over a few pints of their favorite brew may be in for a shock, UK newspaper the Telegraph reported.

  • flower_dress_640.jpg

    Held at the iconic Somerset House in London's West End, the catwalk shows and exhibitions highlighted the UK's place in the global fashion landscape along with featuring new talent.

  • italian_sugar_protest_200.jpg

    In the sprawling European subsidy program - which lavishes more than 50 billion euros ($75 billion at current exchange rates) a year in agricultural aid - no commodity is more susceptible to fraud, chicanery and rule-bending, experts say, than simple household sugar.

  • Taxes

    Soon the IRS tax form will be two lines and two lines only. First will be how much did you make, second will simply be the instructions to send it all in. The tax plans coming out of Congress to pay for the health proposals are punitive and confiscatory (but are likely to kill any chances that the bill would be enacted into law).

  • General Motors’ plan to sell its European operations to a Canadian auto parts maker and a Russian bank appeared Monday to be in trouble, when another bidder said it was nearing a deal for the unit, the New York Times reported.

  • bnp_paribas_logo_new.jpg

    Belgian and French leaders said Thursday that bailed-out Fortis bank has a future despite shareholder rejection of the sale of the troubled lender to France's BNP Paribas.