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EU May Soon Totally Collapse Due to Coronavirus, Nations will soon Return to Sovereign Nationstates
As the coronavirus claims lives, ruins livelihoods and wreaks economic havoc, tensions are rising between European Union countries over how best to respond as the pandemic overwhelms some member nations, once more raising troubling questions about the EU’s ability to stand united in times of crisis.
Almost 16,000 people infected with the virus have died in Europe. Over a quarter of a million had...
European stock markets plunge on Cyprus deal
Traders at work at the Frankfurt Stock Exchange
European stock markets have plunged after Cyprus struck a 10-billion-euro ($13 billion) bailout deal to save the country from bankruptcy.
The stocks fell on Monday afternoon after Dutch Finance Minister Jeroen Dijsselbloem, who heads the Eurogroup of eurozone finance ministers, said that the Cyprus model, which includes a heavy tax on bank deposits, could...