Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55309296
Caption:

Portugal’s President Anibal Cavaco Silva makes a statement to the media at Belem Palace in Lisbon July 10, 2013. Source: Reuters/Rafael Marchante

Portugal political crisis deepens

by Asharq Al-Awsat | Jul 11, 2013 | World

Lisbon, Reuters—Portugal’s political crisis deepened on Thursday after the president rejected a plan to heal a government rift and critics accused him of igniting a “time bomb” by calling for early elections next year. President Anibal Cavaco Silva...

Media ID: 55301898
Caption:

Workers take down the insignia from the headquarters of Cyprus’ now defunct second-largest bank Laiki in capital Nicosia, Cyprus, Wednesday, May 15, 2013. Source: AP Photo/Philippos Christou

Greece to break up state power company for money

by Asharq Al-Awsat | May 15, 2013 | World

Athens, AP—Greece’s conservative-led government on Wednesday announced plans to break up the state-run Public Power Corporation by 2016, as part of a privatization program demanded by the crisis-hit country’s creditors. Government spokesman Simos...

Media ID: 55300201
Caption:

Carabinieri patrol Chigi Square by Italian Prime minister offices in Rome on April 29, 2013 the day after a Carabiniere police officer was shot by an apparently disturbed man while the country’s new ministers were being sworn in. Source: AFP Photo/Filippo Monteforte

Europe Poised to Soften on Austerity as Italy Alters Course

by Asharq Al-Awsat | Apr 29, 2013 | World

Berlin, Bloomberg—Europe may accelerate a shift away from its austerity-first agenda this week as the new Italian government changes course and a German-Spanish investment pact underscores a renewed focus on combating record unemployment. Sunday’s swearing in of...

Media ID: 55295871
Caption:

A banner erected by protestors during a tripartite-social summit meeting at the EU Council building in Brussels on Thursday, March 14, 2013. Source: AP Photo/Virginia Mayo

‘Abolish austerity’ Brussels protesters tell EU leaders

by Asharq Al-Awsat | Mar 15, 2013 | World

Brussels, Reuters—Thousands of protesters, some dressed as ghouls and firing flares, demanded on Thursday that EU leaders meeting in Brussels put an end to government spending cuts blamed for mass joblessness and a growing social crisis in parts of Europe. Holding...