Word: europeanate
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...Santoro is hardly an outsider in an industry where press and politics often walk hand in hand. He first started working at RAI in 1982, and when his show went off the air, he served briefly as a European Parliament member, representing Italy's center-left political coalition. But supporters are hoping his efforts will be the first chink in what has been a tightly controlled media market. "It's still early days," says journalist Marco Travaglio, a regular guest on the show. "But we're going to try. If it works, it could set a precedent...
With the creation of limited liability companies, the research centers—which had been funded primarily through grants from the National Institutes of Health—will gain access to grants from European entities as well, says Jorge I. Dominguez, the University’s vice provost for international affairs...
...dollar as investors fret over the uncertain prospect of support for Greece. The euro closed on Tuesday at $1.35, down from a high of $1.51 in November. "The leaders are hardening positions but not for a clearly thought-out purpose," says Fredrik Erixon, director of the Brussels-based European Centre for International Political Economy. "It looks more like a chicken farm than anything else...
...Other players have waded into the fray too. José Manuel Barroso, the European Commission president, has urged Merkel to agree on a package of "coordinated bilateral loans" for Greece - or risk harming the euro. European Central Bank President Jean-Claude Trichet and French President Nicolas Sarkozy have also dismissed the IMF option, saying it would make the E.U. look incapable of resolving its own crises. (Sarkozy has his own reasons for keeping the IMF at bay: its managing director, Dominique Strauss-Kahn, is a potential rival in France's 2012 presidential election.) Others, like French Finance Minister Christine Lagarde...
...even if Merkel says Greece is in no immediate danger, there are doubts about whether it can survive for much longer without outside financial help. Simon Tilford, chief economist at the London-based Center for European Reform think tank, says Merkel's brinkmanship is understandable given the political risks of Germany's conceding too soon but that she cannot hold out indefinitely. "It is implausible that Greece could get through the rest of this year unaided," he says. "Ultimately, the Germans will put something on the table. They will always defend the stability of the euro...