Word: european
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Exactly 12 months ago, as rival European banks scented the first whiff of danger in America's mortgage market, the Royal Bank of Scotland had other business in hand. As French, German and Dutch banks confessed to being hit by their exposure to soured U.S. sub-prime mortgages, an RBS-led consortium was closing in on its eventual $100 billion buy-out of Dutch rival ABN Amro, the banking industry's biggest ever takeover. One year on, and Britain's second-largest lender is still making news - though these days it's much less welcome. On August 8, RBS announced...
...Grappling with rising inflation at a time of weakening expansion is a challenge for the European Central Bank, too. Figures released on August 6, for instance, showed a shocking 2.9% fall in German manufacturing orders in June. The country, fuelled by a booming market for its exports, has lately helped drive growth in the 15 nations that use the euro. Rendered more costly by the recent strength of the currency, those exports are under pressure. The result: though inflation within the euro area stands at 4.1% - more than double the ECB's goal of 2% - the region's central bank...
...Besides suspending the oil shipments via Georgia, Russia's military campaign has clouded the prospects for Georgia joining NATO anytime soon. (The carnage of recent days will probably reinforce the reluctance of European NATO members to induct Georgia as a member, despite strong U.S. support for Georgian membership.) And by extending its offensive into Georgia - dozens of civilians are reported to have been killed in Russian air strikes on Georgian cities - Moscow has also fired a warning shot at Ukraine, another former Soviet territory that shares Georgia's ambition to join NATO...
During the European basketball championships last October, Spaniards exiting Madrid metro stations encountered Nike ads featuring Pau Gasol and his Spanish teammates with the caption: "Being Spanish is no longer an excuse, it's a responsibility." Spain played poorly in the final game, losing by a point to Russia. But that was a year ago. Today, as you tally up Gasol's appearance with the Los Angeles Lakers in the NBA Finals in June, the Spanish soccer team's victory in the European Cup, Rafael Nadal's Wimbledon defeat of Roger Federer, and Carlos Sastre's triumph at the Tour...
...widened the talent pool but fostered unity in the country's teams. "I've noticed a real difference," says journalist Paradinas. "Before, you'd only read about a few individual, 'name' athletes, and our national teams were made up of these name players, these little islands." This year, the European Cup victory came "despite the players' regional differences - because they knew how to integrate themselves...