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Europe: The rosy view

WARSAW — The EU could use a shot of positive thinking, but Poland is acting in its own strategic interests.

As bond markets target Italy, where is Berlusconi?

ROME — Berlusconi did not appear in public to reassure international investors that Italy would avoid a Greek-style crisis.

European Commission criticizes Portuguese ratings downgrade

The Commission questioned of the "appropriateness of behaviour" of international ratings agencies, which in addition to Moody's include Standard & Poor's and Fitch.

Challenges ahead as Lagarde begins IMF role

France 24 said Lagarde would also be looking to make more room for emerging economies at the IMF, and to establish her legitimacy in her new position, despite the fact she is not a trained economist.

Poland takes over EU presidency amid financial crisis

While Poland has not adopted the euro, it has strong trade links with eurozone countries, and Poland is pushing for a bigger budget to encourage growth throughout the bloc.

Syrian protesters killed in massive demonstrations, as EU expands sanctions

The protests were reportedly some of the largest in the three-month-old movement that has gripped Syria

Greece prepares to sell billions of dollars of state assets to get bailout

In March of last year, Greece was urged to consider selling some of its islands as an answer to its mounting debt problem, a step that the country is nearing as it prepares to sell billions of dollars of state assets.

Tens of thousands of Spaniards protest, with a decidedly anti-Brussels tone (VIDEO)

After three years of economic recession and stagnation in Spain, there is widespread discontent about the severe austerity measures, with many people saying they are bearing the brunt of the fallout from a financial crisis that was created by governments, big banks and wealthy developers

Greece is downgraded by S&P to lowest-rated country in the world

The credit downgrade to the least-creditworthy nation in the world comes at a difficult time for Greece, which is trying to persuade legislators to accept new and unpopular austerity measures.

Is the EU facing Yugoslavia's fate?

GRAZ — "More and more people in Germany believe they are being exploited by Greeks, while Greeks are becoming convinced they are being exploited by Germans," says Joze Mencinger.
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