Word: europeanate
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...European markets also seemed to anticipate a deal to bail out America's ravaged financial sector. But there was widespread irritation in Europe at American voters and their Congressional representatives airing largely ideological objections to the world's last chance to avoid unthinkable calamity...
Europe's markets are also down on the year, due primarily to effects of the U.S. financial crisis. Even more worrying than that slump continuing, however, is the exposure of European banks to toxic debt originating in the U.S. Governments are digging deep to to assure markets that they'll step in as that crisis becomes acute...
...each of which will acquire a 49% stake in operations in their respective countries. In Britain, meanwhile, the government announced this week it had taken control of problem mortgages from Bradford & Bingley, Britain's second biggest mortgage lender. Despite those moves amid the spreading U.S. crisis, however, observers believe European companies and homeowners are not as exposed to financial ruin as their American peers. "For better or worse, depending on your perspective, these aren't the same property-owning societies like you have in the U.S.,"Buik says. "The temptation, even pressure to borrow as much as you need...
...asked one Northeastern student, who came to the lecture with a sign saying “Meet PM of the most corrupt EU country.” Transparency International—an organization that monitors corruption—globally ranks Bulgaria 72nd, below all other countries in the European Union...
...Austria for all but 18 of the 63 years since the end of the Second World War. Their latest coalition government lasted just 18 months and was widely considered a catastrophe for failing to produce a single major legislative initiative. The result also underscores growing unhappiness with an expanded European Union in a Central European country that has always felt vulnerable to migrant flows from the east. Immigration is controversial across Europe, but Austria's far right has been particularly skillful at focusing public anger on its alleged risks...