The Italian Prime Minister Paolo Gentiloni praised Europe highly, convinced that Europeans have plenty of reasons to be proud of the EU, and was confident it will heal the scars left by a prolonged economic and migration crisis, and Britain’s decision to abandon the project. European Union leaders are willing to relaunch Europe with a…
Tag: Italy
Italy wins EU extra funds for illegal migrants
This week the European Union nations agreed on a long-term budget for the EU including backing nearly 4 billion extra for managing illegal migrant flows and reinforce border control. The deal has been concluded after Italy withdrew the veto, imposed by then Prime Minister Matteo Renzi last October in an attempt to receive support from…
EU27 ‘Multi-speed’
On Monday, 6.03.2017, the leaders of France, Germany, Italy and Spain met at the palace of Versailles, in outskirts of Paris, to prepare for a March 25 EU summit in Rome devoted to the 60th anniversary of the Treaty of Rome, which laid the foundation of the European project. The leaders of the euro zone’s…
250 migrants taken to Italy from Libyan coast
Today Proactiva Open Arms (NGO, Spain) spokesperson Laura Lanuza said, that their vessel resqued 250 African migrants from two small rubber vessels that were at risk of being overwhelmed by the sea next Libyan coast. (Photo above: illustration) The migrants were soon transferred to an Italian coast guard ship, which had alerted the NGO to…
Monte Paschi hopes for EU approval
The Italian Banca Monte dei Paschi di Siena is in hope to approve a draft restructuring plan at a board meeting on March 9, a source close to the matter said to Reuters on Thursday. The rescue operation is a significant step towards obtaining the approval from European authorities for state intervention to rescue…
Brexit 'divorce' bill premature
German and Italian officials back Brexit chief negociator Michel Barnier over ‘divorce’ costs of 60 billion euros ($63 billion), first articulated by the Austrian Chancellor Christian Kern, becoming the first EU leader to put a value on the size of th, U.K.’s Brexit bill. The expert see the amount as a ‘punishment’ of the EU27…
Migrant crises – endless
This week while reacting to the problem of mass migration, the European Parliament president Antonio Tajani said, the problem of migration from Africa should be resolved at root level, otherwise “dams and wall will be not sufficient” to prevent migrants from coming. Risk of millions of migrants – Tajani (2) – Malloch not welcome, EP…
Treaty of Rome: balance sheet
Next month the EU leaders will gather in Italian capital , 26/01/2017, to celebrate the 60th anniversary of the Treaty of Rome. However, in view of the UK imminent departure, and multiple crises the EU project suffers, one does not expect any opulent festivities. The situation is aggravated by the banking crisis in Italy, considering the…
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…
Leviathan gas in high ranks
Today high-level contacts between Israel and European countries on laying a gas pipeline from the Leviathan natural gas reservoir are about to take place. Reportedly the Ministry of National Infrastructure, Energy, and Water Resources director general Shaul Meridor will travel to Brussels on Monday 23/01 to meet his counterparts from Italy, Greece, Cyprus, and the…
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