Spain’s economy is of course booming, (as it has been for the last ten years). The inflation rate is booming too. Some even go so far as to suggest that Spain should now become a member fo the G8. Spanish people are of course buying a lot more houses, indeed more housing units were built [...]

According to the French writer Rabelais debt and deceipt are almost invariably inextricably linked. So it is appropriate that it should be a French banker - Michel Pébereau - who takes it upon himself to try to bring this harsh reality home to a French public which still seems excessively steeped in [...]

This much is uncontroversial: in late 2003 the CIA kidnapped Khalid al-Masri, a Lebanese-born German citizen, and carried him off to a prison in Afghanistan for interrogation. In the end they released him when they realised that his only crime was to have the same name as some other man they wanted to get [...]

Are the good times and the good life still going to continue to roll in the Italy of the twenty first century? This is the core question the Economist’s Europe editor John Peet asks in the latest Economist Survey: Italy, Addio, Dolce Vita. As Peet says:
Italy is approaching a crunch. Rather like Venice in [...]

The Italian government finally agreed the details of the new penison reform yesterday. Curiously, it does not need to go to parliament for approval. Getting government agreement had not been without difficulty, and again interestingly enough it won’t come into effect for two years, giving next year’s incoming government plenty of time to [...]

Greece and Albania are having a small diplomatic tiff. If reading about that sort of thing interests you, read on.
So: two weeks ago, Greek President Karolos Papoulias’ was scheduled to meet with Albanian President Alfred Moisiu, in the southern Albanian town of Sarande. I’m pretty sure this was the first meeting of Greek [...]

Well the eurozone government deficit problem has hit the agenda with a thud again in the last few days. Yesterday the FT ran a story about how the ECB has decided that it will not accept government paper (bonds) in the future from any country which has not maintained at least an A- rating [...]

Billmon, in a very eloquent post, says nothing. All he does is put up a series of quotations. Yet his message couldn’t be clearer; or more correct.
Lest visiting American wingnuts misunderstand me: I do not assert that Billmon is correct in inviting us to infer that Donald Rumsfeld is guilty of war crimes. That question [...]

Things are looking up a bit for Serbia’s economy.
The 1990s were a lost decade for Serbia. GDP declined sharply in the first half of the decade. A modest recovery in 1995-8 was wiped out by the NATO bombing. Per capita income in 2000 was just about where it had been in 1989… [...]

Michael Moore gives us a thoughtful article about Joschka Fischer (and some priceless Fischer anecdotes) in Slate today. Before going any farther I should make clear that I refer not to the notoriously fat filmmaker but to Michael Scott Moore, an American novelist living in Berlin. Of his fatness or otherwise I am entirely ignorant.

[...]