Unconstitutional Austerity in Portugal?

Anibal Silva

The year we have just left behind has clearly demonstrated that the current European crisis politics is stretching national democratic orders to breaking point, especially in crisis countries. Unfortunately, this trend looks set to continue in 2013. Euractiv reports that the Portuguese President Anibal Cavaco Silva (pictured) himself is sending the new Portuguese austerity budget [...]

Is this Game Over for the Eurozone?

I am having my last day of holiday in the sun of Cuba and  I am shocked to see how the Eurozone crisis has worsened again (it was of course never resolved). This time it might well be game over. Not only is it almost impossible to see how Greece could escape the debt spiral [...]

German Government falls into UK Pension Trap

von der leyen

The German conservative-liberal government is running into more trouble. Apart form the controversial decision to prolong the lifecycle of the country’s nuclear power plants, the constitutional court has ruled that the level of basic benefits (Hartz IV) is unconstitutional as it does not guarantee a “dignified human existence”. The court ruled that by 2011 there [...]