Greece should leave the euro zone and then it can be given debt relief said Chrisitan Linder the head of Germany’s Free Democrats (FDP), a ‘classic’ liberal party, in a programme of a German radio station on Thursday, 9.02.2017. However, Linder suggested Greece should remain in the European Union so it can get subsidies…
Category: ECONOMY
Polls: Scottish independence at raise
Support for Scottish independence rose after the British Prime Minister came out in favor of the UK making a clean break with the European Union, a confirmed BMG survey for Herald Scotland . The survey indicated 49 % of Scots support independence with 51% opposing it, after “don’t know” votes are removed, the newspaper said….
UK: set to Brexit with or without a deal
Britain will not seek further talks with the European Union if the Parliament rejects the divorce deal with the EU27, the government said on Tuesday, as ministers defeated attempts to give lawmakers more say on the terms of the final agreement. The statement, which echoes Prime Minister Theresa May’s stance that “no deal for Britain…
Italy – eurozone's victim?
Italy’s Gross Domestic Product has dropped by 0.4 percent since the country joined the euro zone. Even though Rome’s GDP expanded 6.2 percent since 98, its population has decreased by 6.6 percent, according Eurostat data. Would exiting the #eurozone improve #Italy's economic prospects? https://t.co/usFWnLMVQY @mariademertzis pic.twitter.com/autkQpHXFr — Bruegel (@Bruegel_org) January 27, 2017 “The comparison with…
Al-Sarraj request of EU funds: where is Gaddafi's gold?..
“The European Union supports the Government of National Accord and your work, Mr Prime Minister (Fayez Mustafa al-Sarraj), since the very beginning and is fully committed both here and on the ground to work with you for the benefit of all Libyans when it comes to security that we know very well is the first…
Europol tracks wildlife crime
Europol Director Rob Wainwright met with Steven Broad, Executive Director of TRAFFIC, at Europol’s headquarters in The Hague today to discuss further cooperation in fighting environmental crime, following the signing of a Memorandum of Understanding (MoU) between the two parties in 2016. The scope of the MoU is to facilitate the exchange of information…
'New London' in Dublin refused
“There is not going to be any new London in the EU 27. History happened in a certain way. You can’t just lift institutions and drop then somewhere else,” Philip Lane, the head of the Irish central bank at an event in London. “You may well have this fragmented but integrated financial system so location…
The City moves to Ireland?
Many of British-based financial services firms have already decided to relocate at least part of their operations to Ireland, and others are expected to follow in the first half of this year, Ireland’s minister for the sector said this week. Speaking at an event hosted by the London Irish Business Society, Eoghan Murphy said Britain’s…
Eurogroup discusses Greece and Portugal
Today the Eurogroup will discuss the progress achieved to date in the ongoing second review of Greece’s economic adjustment programme, based on the updates by the European institutions participating in the review. Ministers will also look into the implementation of the short-term debt relief measures, which Eurogroup endorsed at its meeting on 5 December 2016. The…
May bets on talks with Trump
British Prime Minister Theresa May will be the first foreign leader to meet new U.S. President Donald Trump, launching talks on renewed ‘special relationship’ between two countries. Reportedly a free trade deal is high on the agenda, allowing May to strengthen her position during Brexit at home and towards EU27, shifthing trade vector from…