Paul Taylor

Greece to hold new election, jolts euro markets

By Paul Taylor
May 15, 2012

ATHENS/PARIS, May 15 (Reuters) – Attempts to form a
government in Greece collapsed on Tuesday, jolting financial
markets at the prospect leftists opposed to the terms of an EU
bailout could sweep to victory and nudge the euro zone crisis
into a dangerous new phase.

Hollande sets out growth agenda for Europe

By Paul Taylor
May 15, 2012

PARIS/BERLIN, May 15 (Reuters) – New French President
Francois Hollande called for a European pact for growth to
balance out German-driven austerity measures in his inaugural
address on Tuesday, hours before taking his challenge to
Chancellor Angela Merkel in Berlin.

Over-complex Europe keeps making same mistakes

By Paul Taylor
May 14, 2012

PARIS (Reuters) – Americans call it a Rube Goldberg machine, Britons a Heath Robinson contraption and the Danes a Storm P machine.

Analysis: Over-complex Europe keeps making same mistakes

By Paul Taylor
May 14, 2012

PARIS (Reuters) – Americans call it a Rube Goldberg machine, Britons a Heath Robinson contraption and the Danes a Storm P machine.

EU turns the screw on Athens before repeat vote

By Paul Taylor
May 10, 2012

BRUSSELS (Reuters) – In a loosely coordinated strategy, the EU’s top officials, European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso, have telephoned Greek party leaders in recent days to spell out that if Greece wants to stay in the euro it must abide by the terms of the EU/IMF bailout, several sources said.

Hollande meets Van Rompuy to discuss euro, growth

By Paul Taylor
May 9, 2012

PARIS (Reuters) – French president-elect Francois Hollande began his drive to persuade European partners to shift their economic policy priority from austerity to growth when he met on Wednesday with European Council President Herman Van Rompuy.

EU sees Spain missing budget goals, Madrid sticks to target

By Paul Taylor
May 9, 2012

BRUSSELS/MADRID May 9 (Reuters) – Spain is set to miss its
deficit reduction targets this year and next unless it takes new
measures, the European Commission will forecast on Friday, but
Madrid insists the targets will be met, Spanish and EU officials
said.

Anti-austerity ballot backlash shakes euro zone

By Paul Taylor
May 7, 2012

ATHENS/PARIS (Reuters) – An anti-austerity backlash by voters in Greece and France shook the euro zone on Monday, sending the euro currency and shares sliding on deepening doubts about the ability of Athens to survive in the single currency area.

Socialist Hollande ousts Sarkozy as French leader

By Paul Taylor
May 6, 2012

PARIS (Reuters) – Socialist Francois Hollande swept to victory in France’s presidential election on Sunday in a swing to the left at the heart of Europe and promised to start a pushback against German-led austerity policies.

Hollande seen winning parliament while UMP could implode

By Paul Taylor
May 3, 2012

PARIS (Reuters) – Socialist Francois Hollande can expect a left-wing parliamentary majority if he wins Sunday’s presidential runoff, and the far-right National Front could shake President Nicolas Sarkozy’s conservative UMP party to its foundations.