International Herald TribuneMarch 12, 2009 For Sweden, tiny Latvia, Lithuania and Estonia are too big to fail. Sweden’s banks plowed billions of kronor into the three booming but small countries across the Baltic Sea over the past decade. But severe recessions in the Baltic states are turning them into the Swedish equivalent of subprime U.S. […]
BBCMarch 12, 2009 French President Nicolas Sarkozy has announced his country is to return to Nato’s military command, reversing four decades of self-imposed exile. more
International Herald TribuneMarch 12, 2009 Putting aside months of tension over how to deal with the global financial crisis, Chancellor Angela Merkel of Germany and President Nicolas Sarkozy of France joined forces Thursday to reject calls by the United States that Europe spend more to overcome the recession. more
Financial Times March 6, 2009 Hillary Clinton, US secretary of state, conquered the hearts of Europe on Friday at a “town hall” meeting where her emphasis on thoughtful diplomacy and her avoidance of threatening language made her sound almost European. more
Time March 5, 2009 Europeans were among the loudest cheerleaders for Barack Obama during his presidential campaign. Soon after he won the Democratic candidacy, 200,000 people turned out in Berlin to hear him speak. But now that he is settled in the White House, many Europeans feel snubbed. more