You are here

Europe

"We're Now Seeing Bubbles Everywhere" - Deutsche Bank Boss Urges End To "Era Of Cheap Money"

"We're Now Seeing Bubbles Everywhere" - Deutsche Bank Boss Urges End To "Era Of Cheap Money"

The head of Germany’s largest commercial bank warned of the fallout from cheap money, cautioning against using the strong euro as a justification for printing more.

Bloomberg reports that the Deutsche Bank Chief Executive Officer John Cryan called for an end to the era of cheap money in Europe, saying that the prolonged period of rock-bottom interest rates is starting to inflate asset bubbles and putting the bank at a disadvantage to U.S. rivals.

Top EU Court Threatens Poland, Hungary, Czech Republic With Fines If They Refuse Refugees

Top EU Court Threatens Poland, Hungary, Czech Republic With Fines If They Refuse Refugees

Concluding a months-long saga in which central and eastern European nations revolted against Brussels' refugee policies, on Wednesday the European Union’s highest court ruled that EU states must take in a share of refugees who reach Europe, dismissing complaints by Slovakia and Hungary and reigniting an angry row between east and west.

German Food Chain Faces Backlash After Airbrushing Crosses From Churches On Food Packaging

German Food Chain Faces Backlash After Airbrushing Crosses From Churches On Food Packaging

Europe’s war on religion has reached an absurd milestone.

According to the Telegraph, customers of budget supermarket Lidl have expressed outrage after the company airbrushed Christian symbols from packaging of its "Eridanous"-branded Greek-food line, which featured images of the Anastasis Church in Santorini, Greece, in order to remain "religiously neutral," as the company claimed.

“The German chain's Greek food range features images of the famous Anastasis Church in Santorini, Greece, complete with its world-renowned blue dome roof."

Pages