The Sting of the Day

Departure and doorstep comments by Wolfgang Schauble, German Minister for Finance, at the Eurogroup meeting of 24 April 2015, in Riga, Latvia. The German minister is Eurogroup’s opinion maker when it comes to serious matters as for example Greece’s position in or out of Eurozone. (European Council - Council of the European Union, Newsroom. Shoot date: 24/04/2015 Riga, Latvia. Snapshot from a video footage).

The ECB tells Berlin that a Germanic Eurozone is unacceptable and doesn’t work

Last week Eurostat, the EU statistical service, confirmed that Eurozone inflation was stuck at zero percent in April, remaining in the region of deflation. No need to mention what a too low or zero or … [Read More...]

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Economy

Departure and doorstep comments by Wolfgang Schauble, German Minister for Finance, at the Eurogroup meeting of 24 April 2015, in Riga, Latvia. The German minister is Eurogroup’s opinion maker when it comes to serious matters as for example Greece’s position in or out of Eurozone. (European Council - Council of the European Union, Newsroom. Shoot date: 24/04/2015 Riga, Latvia. Snapshot from a video footage).

The ECB tells Berlin that a Germanic Eurozone is unacceptable and doesn’t work

Last week Eurostat, the EU statistical service, confirmed that Eurozone inflation was stuck at zero percent in April, remaining in the region of … [Read More...]

The City, London’s financial district where the headquarters of major banks are based. The Committee of European Banking Supervisors (CEBS) is also based in this area. (European Council – Council of the European Union Newsroom, snapshot from a video footage)

Big world banks to pay $ 4.95bn for cheating customers; Is it a punishment or a gentle caress?

Last week five of the world largest banks, JPMorgan, Barclays, Citigroup, Royal Bank of Scotland and Union de Banques Suisses were fined by the … [Read More...]

Eurogroup meeting - March 2015. The 19 Eurozone finance ministers meet on 9 March 2015 in Brussels. The President of ECB Mario Draghi (on the left) participates regularly in these meetings. In this instance he talks with the Jeroen Dijsselbloem, President of the Eurogroup. (European Council - Council of the European Union Photographic Library, 9/3/2015).

More billions needed to help Eurozone recover; ECB sidesteps German objections about QE

The Eurozone economy has been taking two steps forward and one step backward over the past few months. The minimal increase of the GDP growth rate to … [Read More...]

Yanis just could not miss the European Business Summit 2015 last week in Brussels. Yanis Varoufakis is still Greece's Minister of Finance. (EBS 2015)

Although Greece is struggling to pay salaries and pensions Varoufakis is “optimistic”; the Sting reports live from EBS 2015

The Greek government found a very last-minute solution to pay its debt to the International Monetary Fund (IMF) that was only due yesterday. However, … [Read More...]

Markus J Beyrer
Director-General
BUSINESSEUROPE

European Business Summit 2015: In search of a vision for the future

It only happens once a year in Brussels and the time is now. The European business leaders gather presently in the Belgian and EU’s capital for two … [Read More...]

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I-Society

Joint press conference by Andrus Ansip and Günther Oettinger on the adoption of the Digital Single Market Strategy and conclusions of the weekly EC College meeting (EC Audiovisual Services, 06/05/2015)

“The winner is who can accelerate the transition to a new digital era”. The Sting reports live from EBS 2015: a Digital Europe 4.0

The Digital Economy touches every aspect of our society, from the job market and the economy to our social life. The world is changing and who wants … [Read More...]

Commissioner Günther Oettinger, Member of the EC in charge of Digital Economy and Society at BusinessEurope Day on the investment in Europe last March (EC Audiovisual Services, 26/03/2015)

A Sting Exclusive: “The Digital Economy and Industry are no longer opposing terms”, Commissioner Oettinger underlines live from European Business Summit 2015

Written by Günther Oettinger, Commissioner for Digital Economy and Society There are few business sectors emerging as fast as the digital … [Read More...]

President of MasterCard, International markets (MasterCard)

MasterCard at European Business Summit 2015: A focus on innovation will drive inclusive economic growth for Europe

Written by Ann Cairns, President of MasterCard, International Markets This year’s European Business Summit’s entitled “Europe 4.0 - … [Read More...]

Mr Joseph Daul is the President of European People's Party (EPP)

A Sting Exclusive: “The competitiveness of Europe depends on a digital single market”, EPP President Joseph Daul highlights live from European Business Summit 2015

Written by Joseph Daul, the President of European People's Party (EPP) Our lives are digital. This has changed the way we interact, work, … [Read More...]

José Manuel Soria is Minister of Spain for Industry, Energy and Tourism

A Sting Exclusive: “The challenge of Society’s digital transformation”, Spanish Minister of Spain for Industry, Energy and Tourism José Manuel Soria live from European Business Summit 2015

Written by Jose Manuel Soria, Minister of Spain for Industry, Energy and Tourism The digital revolution that has accompanied the new millennium … [Read More...]

Joe Mcnamee is Executive Director of EDRi

“Decisions taken in the coming weeks will shape Europe’s experience of the internet”, Joe Mcnamee from EDRi says live from European Business Summit 2015

Written by Joe Mcnamee, Executive Director of EDRi The European Union has a strong record in regulating the telecommunications market in a way … [Read More...]

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More Stings

Departure and doorstep comments by Wolfgang Schauble, German Minister for Finance, at the Eurogroup meeting of 24 April 2015, in Riga, Latvia. The German minister is Eurogroup’s opinion maker when it comes to serious matters as for example Greece’s position in or out of Eurozone. (European Council - Council of the European Union, Newsroom. Shoot date: 24/04/2015 Riga, Latvia. Snapshot from a video footage).

The ECB tells Berlin that a Germanic Eurozone is unacceptable and doesn’t work

Last week Eurostat, the EU statistical service, confirmed that Eurozone inflation was stuck at zero percent in April, remaining in the region of … [Read More...]

From left to right: Mr Mariano RAJOY BREY, Spanish Prime Minister; Ms. Federica MOGHERINI, High Representative of the EU for Foreign Affairs and Security Policy. European Council for migration in the Mediterranean (Council TVNewsroom, 23/04/2015)

Spanish and Polish voters are crying out for an imminent European change while US urge now Germany to change route

The election outcomes in Spain and Poland last week were enough to cause even more uncertainty and turbulences to the already shaken European economy. … [Read More...]

Alexis is willing to listen now but Angela's body language says it is too late! From left to right, Mrs Angela Merkel, Chancellor of Germany and Mr Alexis Tsipras, Prime Minister of Greece. The photo was taken during the 4th Eastern Partnership Summit that took place on 21 and 22 May 2015 in Riga. At this occasion, EU leaders met representatives of the EaP partner countries to reconfirm the importance the EU attaches to its Eastern Partnership (EaP) (Council TV Newsroom, 22/05/2015)

Spanish vote – bad luck for Greece: Does Iphigenia need to be sacrificed for favourable winds to blow in Eurozone?

Greece is running out not only of time but also luck. The country's economy has been pending in limbo for the past four months, exhausting all its … [Read More...]

The City, London’s financial district where the headquarters of major banks are based. The Committee of European Banking Supervisors (CEBS) is also based in this area. (European Council – Council of the European Union Newsroom, snapshot from a video footage)

Big world banks to pay $ 4.95bn for cheating customers; Is it a punishment or a gentle caress?

Last week five of the world largest banks, JPMorgan, Barclays, Citigroup, Royal Bank of Scotland and Union de Banques Suisses were fined by the … [Read More...]

Visit by Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the European Commission to the Middle East. Yesterday Mogherini met with Rami Hamdallah, Palestinian Prime Minister (on the right). (EC Audiovisual Services, 20/05/2015 Location: Ramallah - Residence of the Prime Minister).

Why is the EU launching a doomed policy in stopping immigrant waves? What are the real targets?

For what it’s worth, the Libyan government, the one recognized by Europe and the West, rejected the EU plan to carry out military operations in the … [Read More...]

President Schulz seems to have a hard time to understand Syriza's vague vision for Greece during last EU Summit in April. From left to right, Mr Martin SCHULZ, President of the European Parliament, Mr Alexis TSIPRAS, Greek Prime Minister. (Council TVnewsroom, 23/04/2015)

Alexis Tsipras against internal and external “enemies” in pursue of a two-phase deal now

The Greek government and particularly the Prime Minister Alexis Tsipras is currently looking at a deal with the creditors but is facing both interior … [Read More...]

UK's Prime Minister, David Cameron, arriving at last EU Summit in April (Council TVnewsroom, 23/04/2015)

Why David Cameron’s large victory in UK elections will not pursue a ‘Brexit’

Following the Conservatives’ victory at British general elections, less than two weeks ago, it’s time for some original analyses and a few … [Read More...]

Eurogroup meeting - March 2015. The 19 Eurozone finance ministers meet on 9 March 2015 in Brussels. The President of ECB Mario Draghi (on the left) participates regularly in these meetings. In this instance he talks with the Jeroen Dijsselbloem, President of the Eurogroup. (European Council - Council of the European Union Photographic Library, 9/3/2015).

More billions needed to help Eurozone recover; ECB sidesteps German objections about QE

The Eurozone economy has been taking two steps forward and one step backward over the past few months. The minimal increase of the GDP growth rate to … [Read More...]

Daniela VIncenti EBS 2015

“TTIP can boost the European project”; the Sting reports live from EBS 2015 on TTIP

As many were expecting, discussions over the Transatlantic Trade and Investment Partnership (TTIP) had a high priority at this year’s European … [Read More...]

Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the EC (on the left) went to Washington, where she met with the NATO Supreme Allied commander. The Vice-President then participated in the 4th Annual Symposium on the EU's Common Security and Defense Policy (CSDP). Mogherini then met with John Kerry, US Secretary of State (on the right). (EC Audiovisual Services, 29/04/2015, location: Washington - State Department).

EU’s core members are eyeing larger parts of arms trade and of world map

Last Friday, 8 May, the European Commission released two documents setting a path for defense and security cooperation within the EU. The reports will … [Read More...]

Yanis just could not miss the European Business Summit 2015 last week in Brussels. Yanis Varoufakis is still Greece's Minister of Finance. (EBS 2015)

Although Greece is struggling to pay salaries and pensions Varoufakis is “optimistic”; the Sting reports live from EBS 2015

The Greek government found a very last-minute solution to pay its debt to the International Monetary Fund (IMF) that was only due yesterday. However, … [Read More...]

Joint press conference by Andrus Ansip and Günther Oettinger on the adoption of the Digital Single Market Strategy and conclusions of the weekly EC College meeting (EC Audiovisual Services, 06/05/2015)

“The winner is who can accelerate the transition to a new digital era”. The Sting reports live from EBS 2015: a Digital Europe 4.0

The Digital Economy touches every aspect of our society, from the job market and the economy to our social life. The world is changing and who wants … [Read More...]

Special European Council on migratory pressures in the Mediterranean. From left to right: Xavier Bettel, Luxembourg Prime Minister, David Cameron, UK Prime Minister, Angela Merkel, German Federal Chancellor. Migratory pressure in the Mediterranean was the main topic of this special European Council of 23 April 2015, after the dramatic sinking of migrant ships off the Libyan coast. Migration pressures are expected to become the main issue in the British in-out of the EU referendum to be held in 2017. (European Council – Council of the European Union, Audiovisual Services, Shoot location: Brussels – Belgium, Shoot date: 23/04/2015).

Why did Cameron gain absolute majority? What will he do now? Will he vote ‘yes’ in Britain’s in – out EU referendum?

The UK election results came as a shock to many but primarily shook the British public opinion poll experts. All of them failed to even come anywhere … [Read More...]

ohannes Hahn, Member of the EC in charge of Regional Policy

A Sting Exclusive: Towards better business opportunities for the EU and its neighbours, Commissioner Hahn live from European Business Summit 2015

Written by Johannes Hahn, Member of the EC in charge of European Neighbourhood Policy and Enlargement Negotiations Trade and economic … [Read More...]

Elżbieta Bieńkowska, Member of the EC in charge of Internal Market, Industry, Entrepreneurship and SMEs, gave a press conference following the successful launch of two Galileo satellites. (EC Audiovisual Services, 31/03/2015)

A Sting Exclusive: “Change is challenge, change is opportunity”, Commissioner Bienkowska cries out live from European Business Summit 2015

Written by Elżbieta Bieńkowska, Commissioner for Internal Market, Industry, Entrepreneurship and SMEs As the global economy shifts to take … [Read More...]

Commissioner Günther Oettinger, Member of the EC in charge of Digital Economy and Society at BusinessEurope Day on the investment in Europe last March (EC Audiovisual Services, 26/03/2015)

A Sting Exclusive: “The Digital Economy and Industry are no longer opposing terms”, Commissioner Oettinger underlines live from European Business Summit 2015

Written by Günther Oettinger, Commissioner for Digital Economy and Society There are few business sectors emerging as fast as the digital … [Read More...]

Mr Cameron is surely undergoing some big stress in view of Thursday's elections. This photo of Mr Cameron, UK's current Prime Minister is taken at last EU Council in April (Council TVNewsroon, 23/04/2015)

What UK and EU risk if Brexit “wins” these elections

The British general elections are just a few hours away, and uncertainty is bigger than ever. The people and - above all - the governments of Europe … [Read More...]

Pierre Moscovici, Member of the EC in charge of Economic and Financial Affairs, Taxation and Customs, gave a press conference on the Winter European Economic Forecasts for 2014, 2015 and 2016. (EC Audiovisual Services, 05/02/2015, Brussels - EC/Berlaymont).

Eurozone at risk of home-made deflation and recession

Tomorrow Tuesday, 5th April, the European Commission will present its ‘Spring European Economic Forecast’ including assessments and predictions about … [Read More...]

Marianne Thyssen, Member of the European Commission in charge of Employment, Social Affairs, Skills and Labour Mobility, gave a press conference on the 2014 Employment and Social Development in Europe Report, which looked back to the consequences of the recession. (EC Audiovisual Services, Brussels - EC/Berlaymont 15/01/2015).

Counting unemployment in the EU: The real rate comes to anything between 16.1% and 20.6%

Eurostat, the EU statistical service, repeated with more recent figures its memorable work on the real unemployment rate, that appeared for the first … [Read More...]

He who laughs last, laughs longest. Photo taken from last week's EU Summit on migratory pressure in the Mediterranean (TVNewsroom European Council, 23/04/2015)

Bankruptcy or referendum: which one is going to be first?

The move by Alexis Tsipras, the Greek Prime Minister, to reshuffle its negotiating team will certainly ease the tense in Brussels but is not going to … [Read More...]

Press conference ahead of the ninth round of the EU/United States Transatlantic Trade and Investment Partnership (TTIP) negotiations. In the photo pointing the finger there is Mr Daniel Rosario, EC's Spokesperson for Agriculture and Rural Development; and Trade (EC Audiovisual Services, 17/04/2015).

TTIP 9th Round marked by American disappointment: Will some optimism save this trade agreement?

The ninth round of the Transatlantic Trade and Investment Partnership (TTIP) talks between the United States and the European Union concluded last … [Read More...]

Visit by Christos Stylianides, Member of the European Commission in charge of Humanitarian Aid and Crisis Management, EU Coordinator for the Ebola response to South Sudan. Stylianides, (on the right), speaks to displaced South Sudanese, mostly women and children, as they wait for International Committee of the Red Cross food ration. (EC Audiovisual Services, 24/04/2015).

The EU threatens to occupy Libya militarily; is another colonial war brewing?

It was really deplorable to watch the 28 EU leaders who gathered in Brussels last week after the hecatombs of drowned emigrants, to solemnly discuss … [Read More...]

European Council - March 2015 (Day 2). In the forefront, from left to right: Matteo Renzi, Italian Prime Minister, Alexis Tsipras, Greek Prime Minister, Francois Hollande, President of France. (European Council – Council of the European Union, Audiovisual Services, Shoot location: Brussels - Belgium, Shoot date: 20/03/2015).

Will Eurozone be able to repay its debts? Is a bubble forming there?

This newspaper has been very reluctant in endorsing the widely accepted view that Eurozone has left behind its stagnation if not recession phase. The … [Read More...]

The whole world anticipates now more actions that talks by Mr Avramopoulos on the imminent EU Immigration crisis. The Commissioner for Migration, Home Affairs and Citizenship is here in a press conference at the European Commission last month (EC Audiovisual Services, 04/03/2015)

Why do thousands of migrants need to be drowned for Brussels to wake up?

The European Union is once more hit by migration. Last Sunday, around 800 illegal immigrants are believed to have died when their ship sank on the way … [Read More...]

Press conference by Margrethe Vestager, Member of the EC, on the Statement of Objections to Google on comparison shopping service and the opening of a separate formal investigation on Android (EC Audiovisual Services, 15/04/2015)

It’s EU vs. Google for real: the time is now, the case is open

As anticipated by the European Sting in a latest Sting of the day last week on Google’s antitrust case in Europe, the European Commission did take … [Read More...]

European Parliament. Conference: Children on the move: will the EU deliver on its commitments? From left to right: Cecilia Malstrom, Salvatore Parata , Farah Abdi Abdullahi. (EC Audiovisual Services 19/2/2014).

Youth and children in Europe set the new perspectives for the decades to come

The share of children of less than 15% in a population is a powerful and polyvalent indicator. For one thing, it accurately predicts the strength or … [Read More...]

Press conference after the Ministerial meeting with EU Southern partners to discuss the future of European Neighbourhood Policy. In the picture Nasser Judeh, Jordanian Minister for Foreign Affairs, on the left in a covert exchange with Federica Mogherini High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the EC. Jordan is a long time friend (client) of the West and Mogherini takes full advantage of that. (EC Audiovisual Services, Barcelona, 13/04/2015).

Does the West reserve the fate of Libya and Syria for others? How does this relate to the EU’s Neighborhood Policy?

Last Monday the High Representative and Vice-president of the European Commission Federica Mogherini delivered the opening speech, in the ministerial … [Read More...]

Joint press conference last February by Maroš Šefčovič, Vice-President of the EC, and Miguel Arias Cañete, Member of the EC, on the strategy of the EC to achieve a resilient Energy Union with a forward-looking climate change policy (EC Audiovisual Services, 25/02/2015)

EU’s new environmental policy on biofuels impacts both the environment and the European citizen

The proposal of the European Commission (EC) back in 2012 regarding the reduction of traditional biofuels as renewable energy sources to 7% of final … [Read More...]

Portraits of Margrethe Vestager, Member of the EC in charge of Competition (EC Audiovisual Services, 11/12/2014)

On Google antitrust case: “Let’s face it, some companies want to hurt Google and it goes as simple as that”

After 5 long lingering years a bit of light will be cast on Google's antitrust case in Europe. Former Commissioner Joaquin Almunia for … [Read More...]

Marianne Thyssen, Member of the European Commission in charge of Employment, Social Affairs, Skills and Labor Mobility, gave a press conference after the EC proposed to make 1 billion euro from the Youth Employment Initiative available as early as this year. (EC Audiovisual Services, 04/02/2015).

Can the national and age groups pockets of unemployment cause irreparable damages to Eurozone?

It’s a bit awkward to consider a drop of the unemployment rate by one decimal point of a percentage unit as economic growth, and call it a reversal to … [Read More...]

European Parliament, ECON Committee meeting, 'Vote and appointment of a member of the Executive Board of the European Central Bank’. On 13 January 2014, Sabine Lautenschläger (first from right) was approved by the previous EU legislative as an ECB executive. (European Parliament Audiovisual Services, 13/1/2014, ¬© European Union 2014 EP).

How Germany strives to mold ECB’s monetary policy to her interests

Sabine Lautenschläger, a Member of the Executive Board of the European Central Bank and at the same time Vice-Chair of the Supervisory Board of the … [Read More...]

Greek Prime Minister, Alexis Tsipras, at the last European Council last March (TVnewsroom European Council, 20/03/2015)

Does Greece really weigh what is asking for today in Russia?

Today is the day that Alexis Tsipras meets Vladimir Putin in Moscow to discuss about business and trade under a spiritual Easter atmosphere for the … [Read More...]

(L-to-R) British Foreign Secretary Philip Hammond, US Secretary of State John Kerry, Federica Mogherini, High Representative of the EU for Foreign Affairs and Security Policy and Iranian Foreign Minister Mohammad Javad Zarif. Mogherini and Zarif walk to deliver the famous Press conference of 02/04/2015, where they confirmed the eventual return of Iran to the world community. (EC Audiovisual Services. Lausanne, 2/4/2015).

Can Obama attract Iran close to the US sphere of influence?

The best indications about the fairness of a deal are that all the parties directly involved in it can claim victory, and when it comes to the … [Read More...]

Social Protections Schemes Europe

An Easter Special: Social protection of migrants in Europe as seen through the eyes of European youth

European Youth Insights is a platform provided by the European Youth Forum and the European Sting, to allow young people to air their views on issues … [Read More...]

pie

A European student just sets the question of the day: What kind of education policies are missing in Europe?

European Youth Insights is a platform provided by the European Youth Forum and the European Sting, to allow young people to air their views on issues … [Read More...]

European Parliament, Committee on Economic and Monetary Affairs. Public Hearing with Chair of the Supervisory Board of the European Central Bank. (From left to right) Costas Mavrides, Alfred Sant, Renato Soru, Pervenche Beres, Jakob von Weizsacker. (EP Audiovisual Services, Brussels - Belgium, 31/3/2015, © European Union 2015 РEP).

The EU Parliament and the ECB unknowingly or unwillingly fail to protect our financial assets

This week the European Parliament and the European Central Bank rather unknowingly or unwillingly failed to protect the European citizens from the … [Read More...]

Mr Cameron seems to be trying to get inside the British voter's mind! He thinks he is able to convince the electorate that the "Referendum Promise Land" is a worthy cause to get re-elected. Shot taken during the national briefings at the European Council on 20 March in Brussels. (European Council TVNewsroom, 20/03/2015).

On Brexit: the outcome of UK elections next May to be based on false promises?

The British elections that will take place on 7 May will show whether UK’s relationship with the European Union is about to change dramatically or … [Read More...]