Fragmented Europe harder to govern
Brussels
FROM Portugal to Sweden, European countries are becoming harder to govern, and economic reforms more difficult to implement, as a prolonged financial crisis bequeaths a fragmented political landscape with weaker and more divided governments.
The arrival of a wave of refugees and migrants fleeing war, repression and poverty in the Middle East, Asia and Africa may even amplify those political trends, boosting anti-immigration populists and sapping the traditional parties of government.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Thaksin’s daughter calls central bank independence an ‘obstacle’
US job growth slows in April; jobless rate up to 3.9%
Magnitude 6.0 quake strikes Philippines, aftershocks and damage expected
Indonesia to permanently relocate 10,000 people after Ruang volcano eruptions
Bank Indonesia confident rupiah will strengthen until year-end
Hong Kong March retail sales down 7%, snapping 15 months of growth