Showing posts with label Europe News. Show all posts
Showing posts with label Europe News. Show all posts

Saturday, January 7, 2012

Volcanic News - Europe's largest mountain, Etna, erupting and spewing lava down the slope

Volcanic ash and lava eruptions at Etna can last for days.

Europe's largest mountain, Etna, erupting and spewing lava down the slope. Eruption spraying ash thousands of feet into the air.

Reported by the Daily Mail, Saturday, January 7, 2012, the mountain which lies to the south of Sicily, Italy, is belching thick smoke to a height of 5,000 meters above sea level.

According to the Institute of Geophysics and Volcanology, molten lava out of the new crater in the southeast peak of Etna.

The most active volcano in Europe is notorious for spewing lava and ash up to many days. The flight attendant at the airport in Catania held a meeting to discuss this. Taken the decision to keep open the airport, because the ash does not interfere with flight.

Last year, Etna erupted several times. Various superstitions coloring Etna eruption. In a group on facebook, a group of people say that the eruption of Etna has something to do with alien activity, poltergeist, the explosion of the sun and electrical interference caused by submarine cable. viva

Monday, January 2, 2012

Economic News - Despite Crisis, Euro Will not Disperse


Condition, eurozone leaders have managed to tighten fiscal integration.

Financial officer and executive European banks considered that the debt crisis in some countries indeed have caused a big problem but it will not disperse until the euro. The currency is still regarded as one of the arteries for the European economy has hit even instability.

According to news agency Reuters, the commitment they made to coincide with the tenth anniversary of the introduction of the use of the euro currency. Already 17 of the 27 EU member states are already using the euro. The group is called using the euro as the euro zone (eurozone)

However, in the last two years, the euro zone faced a severe crisis after a number of its members - such as Italy and Greece - was hit by debt problems. The situation was made ​​a fellow using the euro, such as Germany and France, should bear the burden.

German Finance Minister, Wolfgang Schaeuble, stated that the current situation should not be generalized as the euro crisis. "This is a debt crisis in several countries using the euro," said Schaeuble told German daily Bild, which published today.

Officials of the European Central Bank, Christian Noyer, remains optimistic about the euro. For him, the euro could become the world's leading currencies. Condition, for him, eurozone leaders have managed to tighten fiscal integration.

However, Chief Executive of Standard Chartered Bank, Peter Sands, considered that political leaders in Europe have to offer meaningful solutions to address the crisis in the eurozone. "We are entering 2012 with a very difficult forecast for the euro zone ... with the ever increasing possibilities for countries that would leave the euro zone," said Sands told the Sunday Telegraph newspaper. viva