: :inin Kyiv (EET)

Troubled EU hoping the only way is up in 2015


On Monday, parliament failed to approve a new president, forcing the government to call early elections for Jan. 25 — a poll that could re-ignite Europe’s sovereign debt crisis.

An election that may bring to power leftists opposed to Greece’s harsh bailout conditions could dampen the enthusiasm generated by a December EU summit that created a strategic investment fund to kick-start the EU’s sluggish economies and generate job growth.

[…] the eurozone gained a new member Thursday as Lithuania became the 19th European nation to use the common euro currency.

In order to retain power, Cameron’s Conservatives may be tempted to harden their …read more

Source: San Francisco Chronicle

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