EU

Banks - Bailout cuts no ice with Reykjavik

EU
Published on 7 January 2010

Banks

Bailout cuts no ice with Reykjavik

Presseurop

Flying in the face of European demands for compensation, Iceland’s president Ólafur Grimsson has decided to hold a referendum on repayment of its banks’ foreign debts. And the European press is backing him up, arguing that taxpayers shouldn’t have to foot the bill for bankers’ blunders.

 

Culture

Cities on the edge stand tall

Le Monde

Unloved and unrepentant: Europe's rebellious port cities have always been marked by a strong sense of their own identity. In 2006 six of them grouped together to form "Cities on the edge," a cultural network that celebrates pride in local differences.

 

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