Stories for November 19th 2011
Argentina sponsors a free movement of peoples’ area in Magallanes and Tierra del Fuego
Argentina announced its full support to make the tip of the South American continent ‘a free movement of peoples’ area’ that would include Chile’s Magallanes region in the extreme south of the country and Tierra del Fuego, shared by the neighbouring countries.
ECB comes to the rescue of Spain; Conservative landslide anticipated Sunday
Spaniards may hand the biggest majority in three decades to the conservative opposition People’s Party leader Mariano Rajoy, as polls suggest Europe’s debt crisis will push a fifth government from power.
UK and Germany agree to disagree; no progress on the transactions tax
The leaders of Britain and Germany David Cameron and Angela Merkel acknowledged differences over the Euro zone crisis but stressed they have the “same plan” for European growth. The prime minister met the German chancellor on Friday in Berlin to discuss the Euro zone crisis, and Iran and Syria.
Monti ensures support for techno cabinet, tells Italians not to blame others for the crisis
Italian Prime Minister Mario Monti on Friday won a final parliamentary confidence vote granting full power to his new government after pledging to spur growth and reduce debt in the euro-region’s third-largest economy.
Greece submits austerity budget, but political differences surface in coalition
Greece's new government took a first step on Friday towards meeting terms of an international bailout needed to avoid bankruptcy, submitting a budget bill that foresees no new austerity measures next year as long as reforms are enacted.
