The Euro Zone
Monday, June 7th, 2010
According to the recent Financial Stability Review by the European Central Bank (ECB) many euro area large and complex banking groups returned to modest profitability in 2009, and their financial performances have continued to strengthen in the first quarter of 2010. These developments, which also include backup funds well above pre-crisis levels, suggest that most of these institutions have made important progress on the road to financial recovery.
Filed under Outdoor News

The user and end-of-life phases deserve increased attention in the textile and apparel sectors, especially in light of their environmental impact. The knowledge we have on how the consumer deals with these phases are limited. A three year project – Textile Waste as a Resource – was launched in Norway last year taking a rather “back-ward” approach in the life cycle assessment (LCA).
In late April and luckily just in betweeen volcanic erruptions Messe Friedrichshafen’s OutDoor Team organised a press trip to the UK. The aim was to give European National Newspapers and non-core trade press an ’outdoor experience’. A group of sixteen were exposed to the beauty of the UK’s North-West, starting with a visit to the beach just north of Liverpool to see sculptor Anthony Gormley’s Another Place, followed by a drive north to Lancaster to spend a half-day at the Innov_ex conference (see seperate story).
The recent Innov_ex 2010, sponsored by the Outdoor Industries Association, took place in Lancaster in the UK, building on previous discussions that took place at the 2008 and 2009 conferences the event focused on sustainability within the outdoor industries.