"The damage is so deep that it does not matter whether you come from a creditor, debtor country, euro would-be member or the UK: everybody is worse off," said José Ignacio Torreblanca, head of the ECFR's Madrid office. "Citizens now think that their national democracy is being subverted by the way the euro crisis is conducted."
Crisis for Europe as trust hits record low | World news | The Guardian - 0 views
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The most dramatic fall in faith in the EU has occurred in Spain, where the banking and housing market collapse, eurozone bailout and runaway unemployment have combined to produce 72% "tending not to trust" the EU, with only 20% "tending to trust".
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In Spain, trust in the EU fell from 65% to 20% over the five-year period while mistrust soared to 72% from 23%.
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Russia to get stronger nuclear navy, Putin says | Reuters - 0 views
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In a reference to Russia's ambitions in the Arctic, where Moscow plans to expand its claims, Putin said the navy would protect Moscow's interests in the icy North."Obviously, the navy is an instrument to protect national economic interests, including in such regions as Arctic where some of the world's richest biological resources, mineral resources are concentrated," he said.
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Moscow has planned to submit a claim this year to redraw the map of the Arctic and give itself a bigger swath of the territory, which could hold huge deposits of oil, gas and mineral wealth.Russia, Norway, the United States, Canada and Denmark are at odds over how to divide up the Arctic seabed, thought to hold 90 billion barrels of oil and 30 percent of the world's untapped gas resources, according to the U.S. Geological Survey.
Misery for social democrats as voters take a turn to the right | Politics | The Guardian - 0 views
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Europe's mainstream centre-left parties suffered humiliation last night when four days of voting in the EU's biggest-ever election concluded with disastrous results for social democrats.
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With the social democrats licking their wounds and the centre-right scoring victories whether in power or in opposition, the other signal trend of the ballot was the breakthroughs achieved by extreme right-wing nationalists and xenophobes.
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In the EU's biggest country, Germany, returning 99 of the parliament's 736 seats, the Social Democrats (SPD), the junior partner in Chancellor Angela Merkel's grand coalition, sunk to an all-time low, with 21% of the vote.
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BBC NEWS | Europe | EU summit faces difficult issues - 0 views
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The guarantees are expected to take the form of a legally binding political decision by the European Council - the EU prime ministers and presidents. They will cover what Dublin identified as key areas of concern for Irish voters - military neutrality, sovereignty over taxes and opposition to abortion. The guarantees - essentially assurances to voters - are to be made specific to the Republic of Ireland and robust enough to resist any legal challenge in the EU. Above all, the leaders want to close any legal loophole that could be used to reopen the Lisbon Treaty negotiations. The number of EU commissioners is to be kept at 27, again to accommodate Ireland, though the original plan was to have 18 as from 2014.
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The leaders' decision is expected to be modelled on the legally binding agreement made with Denmark after its voters rejected the Maastricht Treaty in 1992. It would not require approval by other EU institutions.
Agreement Reached on Rasmussen: Obama Saves NATO Governments from Summit Shame - SPIEGE... - 0 views
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By Friday evening, when Turkey repeated its threat to veto any decision to appoint Rasmussen as the next secretary general, it became clear that a NATO summit being held to celebrate its 60th anniversary threatened to end in fiasco.
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But Turkey had been the only country that objected to Rasmussen's selection to head the trans-Atlantic military alliance. Detractors of the Dane, led by Turkish Prime Minister Recep Tayyip Erdogan, felt Rasmussen was unsuitable for the post because he had been unyielding in the dispute over the Muhammad caricatures and preferred to defend the right to free speech rather than apologize.
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The remaining 27 NATO members, especially Germany, France and the United States, all offered their clear backing for Rasmussen, but the summit remained a suspenseful one. The reason being that one of the many peculiar rules of the alliance is that the secretary general must be unanimously elected, meaning that Turkey actually did have the power to reject the choice.
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