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Ten years after its launch, the single currency has been struck by the sovereign debt crisis fueled by the lack of a common budgetary and fiscal strategy.
Will the euro survive 2012? – La Tribune
Danish EU Presidency aims to reaffirm unity among Eurozone countries and the 10 non-euro states.
Denmark to be a force for unity – La Libre Belgique
With the new Hungarian constitution set to come into force in the new year, opponents of the Viktor Orbán's government gathered before parliament to mourn the passing of the "1989-2011 Hungarian Republic" on 31 December.
Goodbye to the Republic – Népszabadság
The decision agreed with Berlin and Brussels follows a government statement that the public spending deficit will exceed forecasts in 2012.
Rajoy raises income tax to avoid a further debt crisis prompted by 8% deficit – El País
Three workers' organisations have warned of "social tensions" if the Mario Monti government changes Italian labour law. The unions claim that 300,000 jobs are at risk,
Unions sound the alarm on jobs – La Repubblica
More than a dozen major European companies like Daimler, Volkswagen and Gazprom have a market capitalisation worth less than their net assets, making them attractive to American investors.
Sale bargains in global companies – Handelsblatt
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