24/02/2012
 
PES President Sergei Stanishev and leader of S&D Group Hannes Swoboda met with Serbian President Boris Tadic and Prime Minister of Serbia Mirko Cvetkovic in Belgrade. The delegation praised the domestic achievements of Tadic’s government and the strong push towards European integration. The meetings took place ahead of the general elections.
 

The Secretary General of the Global Progressive Forum, Javier Moreno Sanchez, and the Secretary General of the Party of European Socialists, Philip Cordery, met Australian Labor Party Representatives John Hogg, President of the Senate, and Catryna Bilyk, Senator, to discuss topics of common interest including financial regulation and climate change and to further strengthen relations with Australian progressives in a moment where cooperation on a global scale could not be more needed.

"THE LISBON SCORECARD IX: How to emerge from the
wreckage" by Simon Tilford and Philip Whyte (Center for European Reform)

FULL ARTICLE

The Financial Market has suffered from the financial crisis which started to show its effects in the middle of 2007 in United States and took hold globally in 2008. Around the world, stock markets have fallen, large financial institutions have collapsed or have been bailed out, and inevitably economic growth has slowed downunemployment figures has begun to increase. The global financial crisis marks the end of unregulated market hegemony.