The Sting of the Day

Miguel Arias Cañete, Member of the EC in charge of Climate Action and Energy, pronounced a speech at the conference on the 'Renewable Energy Solutions for Today's Challenges and Tomorrow's World', which was organised in Brussels (EC Audiovisual Services, 16/03/2015)

Except Poland, can climate change also wait until 2021 for the EU Market Stability Reserve to be launched?

The EU member states came to an agreement last Wednesday regarding the set up of the Market Stability Reserve (MSR) which will eventually lead to further discussions and negotiations with the European … [Read More...]

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Economy

European Parliament. Economic and Monetary Affairs Committee meeting (ECON) 23/3/2015. Monetary Dialogue with President of the ECB Mario Draghi (first from right). In the Chair of the ECON Committee, Roberto Gualtieri (second from right). (European Parliament Audiovisual Services, 23/3/2015, Brussels Belgium, © European Union 2015 - Source EP).

ECB with an iron hand disciplines the smaller Eurozone member states; latest victim: Greece

Last Monday the President of the European Central Bank, Mario Draghi reacted strongly while answering a MEP’s question in the European legislature. He … [Read More...]

Eurogroup meeting. March 2015. Yianis Varoufakis, Greek Minister for Finance (in the middle), Klaus Regling, European Stability Mechanism Managing Director (on the right). (European Council - Council of the European Union Audiovisual Services, Shoot location: Brussels – Belgium, Shoot date: 09/03/2015).

Can Greece’s democratic institutions keep it in Eurozone?

Paris, Washington and Brussels categorically reject the idea of a Grexit, while Berlin is still loudly insisting that the Eurozone can weather at a … [Read More...]

"You got to look for some more money to chip in my Investment Fund", Mr Juncker would be probably saying here to Francois Hollande. From left to right,  Jean-Claude Juncker, President of the European Commission and Francois Hollande, President of France in a meeting in Spain earlier this month (EC Audiovisual Services, 04/03/2015).

Juncker’s Investment Plan in desperate need for trust and funds from public and private investors

Last Tuesday the EU Finance ministers gathered in Brussels to decide for the fate of Juncker’s Investments Plan. The news is quite promising for EU … [Read More...]

Eurogroup meeting - February 2015.  From left to right: Wolfgang Schauble, German Federal Minister for Finance, Mario Draghi, President of the European Central Bank. Eurozone finance ministers participate in an Extraordinary Eurogroup meeting on 11 February in Brussels. Extensive discussions for an agreement on the Greek program take place during today's Eurogroup meeting, in Brussels. (European Council - Council of the European Union Audiovisual Services, Shoot location: Brussels – Belgium Shoot date: 11/02/2015)

ECB’s billions fortify south Eurozone except Greece; everybody rushes to invest in euro area bonds zeroing their yields

Even without having spent yet a single euro the European Central Bank’s program of sovereign bond buying of €60 billion a month has had an enormous … [Read More...]

Jyrki Katainen, Vice-President of the EC in charge of Jobs, Growth, Investment and Competitiveness (on the left), and Pierre Moscovici, Member of the EC in charge of Economic and Financial Affairs, Taxation and Customs, gave a joint press conference on the autumn economic forecasts for 2014-2016. Real GDP growth is estimated at 1.3% in the EU and 0.8% in the euro area for 2014 as a whole. Growth is expected to rise slowly in the course of 2015, to 1.5% and 1.1% respectively, while an acceleration of economic activity to 2.0% and 1.7% respectively is predicted for 2016. Understandably growth expectations are always inflated in deflationary times by the politicians ‘in charge’. (EC Audiovisual Services).

Can ECB’s €60 billion a month save Eurozone?

The European Central Bank as from this March will start pumping into the Eurozone economy extra liquidity of €60 billion a month of freshly printed … [Read More...]

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I-Society

"How on earth did you think that the national telcos would take all that risk without any reassurance plan?" This should probably be the question of Mrs Vestager to Mr Ansip today during the weekly meeting of Juncker's College of Commissioners. From left to right, Andrus Ansip, Vice-President of the EC in charge of Digital Single Market and Margrethe Vestager, Member of the EC in charge of Competition (EC Audiovisual Services, 25/03/2015).

Yesterday’s “jokes” and sarcasm by Digital Single Market’s Vice President Ansip on EU member states’ right to protect their telco markets

The distance between an actual speech and a press release is abyssal. A good example of that came out of Mr Ansip's introductory speech at an event in … [Read More...]

Mr Víctor Calvo-Sotelo,  Secretary of State for Telecommunication and Society Information in Spain. The photos were taken during MWC 2015, in the Government Forum which took place on Wednesday March 4th (© European Sting)

A Sting Exclusive: “Digital and mobile technologies are helping to achieve an economic success in Spain”, the Spanish Secretary of State for Telecommunications and Information Society Víctor Calvo-Sotelo reveals to the Sting at Mobile World Congress 2015

Exclusively written for the European Sting by Mr Víctor Calvo-Sotelo, Secretary of State for Telecommunication and Society Information in Spain, … [Read More...]

Press conference by Margrethe Vestager, Member of the EC, on the EC fines of over 19.4 million euros to five envelope producers in cartel settlement (EC Audiovisual Services, 11/12/2014)

EU to Telcos: Stop Mergers and Acquisitions but please help me urgently with 5G development

Last week in the Mobile World Congress 2015 you had the distinct feeling being in an immense supermarket, strolling from isle to isle in order to find … [Read More...]

Oettinger MWC

EU seeks foreign support on 5G from Mobile World Congress 2015 as the “digital gold rush” begins

“The digital economy is simply becoming the economy. And the future network infrastructure, 5G, will become the infrastructure”. These words came from … [Read More...]

Photo from the main entrance of Fira Barcelona, where the Mobile World Congress 2015 took place last week. European Net Neutrality and Roaming Charges were part of the debate in this year's 10th edition. © European Sting

Mobile World Congress 2015 first to debate EU’s new stance on Net Neutrality and Roaming Charges

Did you really think that Christmas 2015 would be the perfect chance to travel abroad in Europe, do your shopping in London or Paris and call your … [Read More...]

Facebook has recently become a major EU target for data privacy issues -  © European Sting - All rights Reserved

“Be aware where you put your I Agree signature on and something else”; now Facebook by default opts you in an unseen private data bazar

When was the last time you installed an application or software in your mobile, tablet or computer? I bet it was quite recently; yesterday or even a … [Read More...]

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More Stings

Miguel Arias Cañete, Member of the EC in charge of Climate Action and Energy, pronounced a speech at the conference on the 'Renewable Energy Solutions for Today's Challenges and Tomorrow's World', which was organised in Brussels (EC Audiovisual Services, 16/03/2015)

Except Poland, can climate change also wait until 2021 for the EU Market Stability Reserve to be launched?

The EU member states came to an agreement last Wednesday regarding the set up of the Market Stability Reserve (MSR) which will eventually lead to … [Read More...]

European Parliament. Economic and Monetary Affairs Committee meeting (ECON) 23/3/2015. Monetary Dialogue with President of the ECB Mario Draghi (first from right). In the Chair of the ECON Committee, Roberto Gualtieri (second from right). (European Parliament Audiovisual Services, 23/3/2015, Brussels Belgium, © European Union 2015 - Source EP).

ECB with an iron hand disciplines the smaller Eurozone member states; latest victim: Greece

Last Monday the President of the European Central Bank, Mario Draghi reacted strongly while answering a MEP’s question in the European legislature. He … [Read More...]

"How on earth did you think that the national telcos would take all that risk without any reassurance plan?" This should probably be the question of Mrs Vestager to Mr Ansip today during the weekly meeting of Juncker's College of Commissioners. From left to right, Andrus Ansip, Vice-President of the EC in charge of Digital Single Market and Margrethe Vestager, Member of the EC in charge of Competition (EC Audiovisual Services, 25/03/2015).

Yesterday’s “jokes” and sarcasm by Digital Single Market’s Vice President Ansip on EU member states’ right to protect their telco markets

The distance between an actual speech and a press release is abyssal. A good example of that came out of Mr Ansip's introductory speech at an event in … [Read More...]

Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the EC, and Johannes Hahn, Member of the EC in charge of European Neighbourhood Policy and Enlargement Negotiations, gave a joint press conference on the launch of a consultation on the future of the European Neighbourhood Policy (ENP). (EC Audiovisual Services, 04/03/2015)

Immigration crisis at its very worst: EU to outsource rescue business to North Africa?

The freshly released statistics on immigration, which were published by Eurostat last Friday, show that 2014 has been a negative record year for the … [Read More...]

European Council, 19-20 March 2015. From left to right: Jean-Claude Juncker, President of the European Commission, Donald Tusk, President of the European Council. The European Commission and the European Council hand in hand are trying to keep Europe united. (European Council-Council of the European Union Audiovisual Services, Shoot location: Brussels – Belgium, Shoot date: 20/03/2015).

Have Europe’s Ukrainian wounds begun to heal?

The wounds the Ukrainian civil war has inflicted on Europe have now stopped bleeding and if not begun healing at least they claim no more fatalities. … [Read More...]

"It is always hard to face the truth". Mrs Merkel is staring at Mr Tsipras but he is trying to avoid the stress of looking at her. Moment of truth for Athens to come in the next few days. From left to right, Mr Tsipras, Greek Prime Minister,at the background Mr Passos Coelho, Prime Minister of Portugal and Mr Alexander Stubb, Prime Minister of Finland, and Mrs Angela Merkel, German Federal Chancellor (TV Newsroom European Council, 19/03/2015).

Greece lost a month that cannot be found neither in “mini Summits” nor in Berlin

It has been one long month since the Greek deal on the Eurogroup of 20 February where Greece and the rest of the Eurozone agreed to give to the former … [Read More...]

Federica Mogherini, High Representative of the European Union for Foreign Affairs and Security Policy, traveled to the US and participated at a White House Summit on ‘Countering Violent Extremism’, in Washington D.C. From left to right Mogherini, Ban Ki-Moon, UN Secretary General, John Kerry, US Secretary of State and Sameh Shoukry, Minister of Foreign Affairs of Egypt. (European Council – Council of the European Union, Audiovisual Services, Shoot location: Washington D.C. Shoot date: 19/02/2015).

Can the US-Iran rapprochement change the world?

The United States global gendarmes and the Shiite Iran were brought together in a common fight against the Islamic States murderers in Iraq and Syria, … [Read More...]

Mr Víctor Calvo-Sotelo,  Secretary of State for Telecommunication and Society Information in Spain. The photos were taken during MWC 2015, in the Government Forum which took place on Wednesday March 4th (© European Sting)

A Sting Exclusive: “Digital and mobile technologies are helping to achieve an economic success in Spain”, the Spanish Secretary of State for Telecommunications and Information Society Víctor Calvo-Sotelo reveals to the Sting at Mobile World Congress 2015

Exclusively written for the European Sting by Mr Víctor Calvo-Sotelo, Secretary of State for Telecommunication and Society Information in Spain, … [Read More...]

Poroshenko Juncker

Sanctions on Russia to be the biggest unity test at this European Council

The relations between the European Union and Russia, as well as the entire, delicate situation in Ukraine, will be discussed at the European Council … [Read More...]

Eurogroup meeting. March 2015. Yianis Varoufakis, Greek Minister for Finance (in the middle), Klaus Regling, European Stability Mechanism Managing Director (on the right). (European Council - Council of the European Union Audiovisual Services, Shoot location: Brussels – Belgium, Shoot date: 09/03/2015).

Can Greece’s democratic institutions keep it in Eurozone?

Paris, Washington and Brussels categorically reject the idea of a Grexit, while Berlin is still loudly insisting that the Eurozone can weather at a … [Read More...]

"You got to look for some more money to chip in my Investment Fund", Mr Juncker would be probably saying here to Francois Hollande. From left to right,  Jean-Claude Juncker, President of the European Commission and Francois Hollande, President of France in a meeting in Spain earlier this month (EC Audiovisual Services, 04/03/2015).

Juncker’s Investment Plan in desperate need for trust and funds from public and private investors

Last Tuesday the EU Finance ministers gathered in Brussels to decide for the fate of Juncker’s Investments Plan. The news is quite promising for EU … [Read More...]

Donald Tusk, President of the European Council meets with Barack Obama, President of the United States of America at the Oval office of the White House. Obviously Tusk happily agrees here with what Obama just said. This is not true however for many other EU leaders. (European Council – Council of the European Union Audiovisual Services, photo by Yuri Gripas Shoot location: Washington – United States, Shoot date: 09/03/2015).

Only the Americans are unhappy with the ceasefire agreement in eastern Ukraine

Despite the fact that the Minsk ceasefire agreement is holding more or less well and the bloodshed in eastern Ukraine has stopped, the Americans seem … [Read More...]

Press conference by Margrethe Vestager, Member of the EC, on the EC fines of over 19.4 million euros to five envelope producers in cartel settlement (EC Audiovisual Services, 11/12/2014)

EU to Telcos: Stop Mergers and Acquisitions but please help me urgently with 5G development

Last week in the Mobile World Congress 2015 you had the distinct feeling being in an immense supermarket, strolling from isle to isle in order to find … [Read More...]

Oettinger MWC

EU seeks foreign support on 5G from Mobile World Congress 2015 as the “digital gold rush” begins

“The digital economy is simply becoming the economy. And the future network infrastructure, 5G, will become the infrastructure”. These words came from … [Read More...]

Eurogroup meeting - February 2015.  From left to right: Wolfgang Schauble, German Federal Minister for Finance, Mario Draghi, President of the European Central Bank. Eurozone finance ministers participate in an Extraordinary Eurogroup meeting on 11 February in Brussels. Extensive discussions for an agreement on the Greek program take place during today's Eurogroup meeting, in Brussels. (European Council - Council of the European Union Audiovisual Services, Shoot location: Brussels – Belgium Shoot date: 11/02/2015)

ECB’s billions fortify south Eurozone except Greece; everybody rushes to invest in euro area bonds zeroing their yields

Even without having spent yet a single euro the European Central Bank’s program of sovereign bond buying of €60 billion a month has had an enormous … [Read More...]

Photo from the main entrance of Fira Barcelona, where the Mobile World Congress 2015 took place last week. European Net Neutrality and Roaming Charges were part of the debate in this year's 10th edition. © European Sting

Mobile World Congress 2015 first to debate EU’s new stance on Net Neutrality and Roaming Charges

Did you really think that Christmas 2015 would be the perfect chance to travel abroad in Europe, do your shopping in London or Paris and call your … [Read More...]

Joint press conference by Karmenu Vella, Member of the EC in charge of Environment, Maritime Affairs and Fisheries and Hans Bruyninckx, Executive Director of the European Environment Agency (EEA) on the presentation of the 'European environment - state and outlook 2015' report. From left to right, Enrico Brivio, Karmenu Vella and Hans Bruyninckx (EC Audiovisual Services, 3/03/2015)

EU to fail 2050 Green targets due to lack of European citizens’ engagement

The European Environment Agency (EEA) published last Tuesday a report that shows the substantial efforts that have been made in the EU regarding the … [Read More...]

Jyrki Katainen, Vice-President of the EC in charge of Jobs, Growth, Investment and Competitiveness (on the left), and Pierre Moscovici, Member of the EC in charge of Economic and Financial Affairs, Taxation and Customs, gave a joint press conference on the autumn economic forecasts for 2014-2016. Real GDP growth is estimated at 1.3% in the EU and 0.8% in the euro area for 2014 as a whole. Growth is expected to rise slowly in the course of 2015, to 1.5% and 1.1% respectively, while an acceleration of economic activity to 2.0% and 1.7% respectively is predicted for 2016. Understandably growth expectations are always inflated in deflationary times by the politicians ‘in charge’. (EC Audiovisual Services).

Can ECB’s €60 billion a month save Eurozone?

The European Central Bank as from this March will start pumping into the Eurozone economy extra liquidity of €60 billion a month of freshly printed … [Read More...]

From left to right Dan Mullaney, Chief US Negotiator for the Transatlantic Trade and Investment Partnership (TTIP), and Ignacio Garcia Bercero, Chief EU Negotiator for the TTIP, opened last month the eight round of the Transatlantic Trade and Investment Partnership (TTIP) talks, in Brussels (EC Audiovisual Services, 06/02/2015)

“Leaked” TTIP document breaks post 8th negotiations round silence and opens door to critics

The 9th round of the Transatlantic Trade & Investment Partnership (TTIP) negotiations is a bit more than one month and a half away, but the … [Read More...]

European Union Heads of State and Government met at the European Council on 12 February 2015, in Brussels. The main topic were the conflict in Ukraine, counter terrorism and the economic situation. From left to right: Petro Poroshenko, President of Ukraine, Donald Tusk, President of the European Council. (European Council – Council of the European Union Audiovisual Services, Shoot location: Brussels – Belgium, Shoot date: 12/02/2015).

The West and Russia accomplished the dismembering and the economic destruction of Ukraine

With the Minsk Agreement the West and Russia finally got what they wanted or close to that from Ukraine, not minding much about leaving the miserable … [Read More...]

Maroš Šefčovič, Vice-President of the EC in charge of Energy Union, participated in the EP plenary session, in the presence of Jean-Claude Juncker, President of the EC. It was there where he presented his strategy for the EU Energy Union. (EC Audiovisual Services, 27/02/2015)

European Energy Union: Integration of markets and need for in-house energy production

The European Commission (EC) official convened in Brussels two days ago to discuss and decide about the crucial matter of the European Energy Union. … [Read More...]

Eurogroup meeting of 20/02/2015. Mario Draghi, President of the European Central Bank (ECB), and Pierre Moscovici Member of the EC in charge of Economic and Financial Affairs, Taxation and Customs (in the foreground, from left to right), participated in that crucial meeting with the 19 of Eurozone Ministers for Finance. They all agreed to consider extending financial assistance to Greece, which was formally known as the Master Financial Assistance Facility Agreement, granted by the European Financial Stability Facility (EFSF). Discussions took place in the context of the expiry of the financial assistance to Greece due on 28/02/2015. (EC Audiovisual Services).

Greece at the mercy of ECB while sailing through uncharted waters

In the efforts to solve the latest Greek enigma, the European Central Bank has once more proved that when it comes to what matters more in the EU, the … [Read More...]

Tough to compromise climate energy with industry? Not for Miguel Arias Cañete, Member of the EC in charge of Climate Action and Energy, who received the CEOs of the energy intensive industries earlier in the month. (EC Audiovisual Services, 19/02/2015)

Parliament votes reform for better European Co2 market but critics want it sooner than later

Yesterday at the European Parliament a crucial vote for environmental protection was cast. The Environment Committee of the Parliament made a decisive … [Read More...]

EU Heads of State and Government meet at the European Council on 12 February 2015, in Brussels. The main topics are the conflict in Ukraine, counter terrorism and the economic situation. From left to right: Mr Petro POROSHENKO, President of Ukraine; Mr Donald TUSK, President of the European Council. (European Council TV newsroom, 12/02/2015)

Minsk “ceasefire” leaves more doubts than safety, with EU already planning steps further

When the EU's Foreign Policy Chief Federica Mogherini said that the Minsk ceasefire deal was important “but not definitive”, at the morrow of the … [Read More...]

Handshake between Alexis Tsipras, Prime Minister of Greece on the left, and Jean-Claude Juncker, President of European Commission. Juncker received Tsipras warmly at the Berlaymont building, during the first visit of the former to the European Commission since he took office on 26/01/2015. Last Friday the President of the Commission played a decisive role in the conclusion of the Eurogroup agreement on Greece. (Date: 04/02/2015, Location: Brussels - EC/Berlaymont, EC Audiovisual Service).

Greece to stay in the euro area but the cost to its people remains elusive

The frantic search of the Greek government - pressed at home by an accelerating bank run which culminated last Friday with €1 billion withdrawals in a … [Read More...]

It looks like Italy will be the only "serious" ally of Greece today. Photo taken from last Tuesday's ECOFIN. From left to right: Mr Pier Carlo PADOAN, Italian Minister for Economic Affairs and Finance; Mr Yanis VAROUFAKIS, Greek Minister for Finance. (EC TVnewsroom, 17/02/2015)

Greece’s last Eurogroup or the beginning of a new solid European Union?

Today everyone’s eyes are fixed on the extraordinary Eurogroup meeting which is taking place in Brussels. This is simply put one of the most important … [Read More...]

ECOFIN Council - February 2015. From left to right: Yanis Varoufakis, Greek Minister for Finance, Luis De Guindos Jurado, Spanish Minister for Economic Affairs and Competitiveness. (Audiovisual Services, European Council - Council of the European Union, Shoot location: Brussels - Belgium Shoot date: 17/02/2015).

Athens searches frantically for a new compromise between politics and economic reality

This week the new Greek government started faltering on all accounts. The young Prime Minister Alexis Tsipras, who got elected on 25 January under a … [Read More...]

He is Alone and Ready to release the Greek bomb! Mr Yanis Varoufakis, Finance Minister of Greece at yesterday's ECOFIN Council in Brussels (EU Council TV Newsroom, 17/02/2015)

D-Day for Grexit is today and not Friday; Super Mario is likely to kill the Greek banks still today

Today is really the D-Day for the Greek matter. After a couple of moves in this grand chessboard, checkmate is just unavoidable. Today we are likely … [Read More...]

Dijsselbloem to Schauble: "Wolfgang, just think for a moment; I think we are making a tremendous mistake with Greece"; this could or should be Mr Dijsselbloem's saying to Mr Schauble yesterday afternoon during the Eurogroup gathering in Brussels. The photo is black and white probably because it will be one that will endure in the European history books of the future to open the "pandora box" EU chapter. From left to right, Jeroen Dijsselbloem, Dutch Finance Minister of Finance and Wolfgang Schauble, German Minister of Finance, during yesterday's historic Eurogroup meeting in Brussels (EU Council TV Newsroom, 16/02/2015)

On Grexit: Incompetence just launched the historic Ultimatum that could open “pandora’s box”

It's clearly a very bad moment for Europe; unfortunately much worse than our wise European leaders can grasp. The Greek issue is inescapably bringing … [Read More...]

EU Heads of State and Government met at the European Council of 12 February 2015, in Brussels. From left to right: Francois Hollande, President of France, Angela Merkel, German Federal Chancellor, Alexis Tsipras, Greek Prime Minister. (Shoot location: Brussels – Belgium, Shoot date: 12/02/2015; European Council - Council of the European Union Audiovisual Services).

Deep chasm still divides Athens and Brussels; can Eurozone use the nuclear arm of liquidity against Greece?

Today the Eurogroup, the 19 Eurozone ministers of Finance at 3 o’clock in the afternoon will start discussing the future of Greece. It’s quite … [Read More...]

tsipras 8

EU Summit’s major takeaway: a handkerchief cannot save Greece from austerity

After Wednesday's Eurogroup where Greece's Minister of Finance, Yanis Varoufakis, "agreed to disagree" with his European counterparts, Grexit … [Read More...]

Jeroen Dijsselbloem, Dutch Minister for Finance and President of Eurogroup (on the left), Yanis Varoufakis, Greek Minister for Finance. Eurozone finance ministers participated in an Extraordinary Eurogroup meeting on 11 February in Brussels, especially staged to discuss the Greek issue. (European Council, Council of the European Union Audiovisual Services, Shoot location: Brussels – Belgium. Shoot date: 11/02/2015).

Greece and Ukraine main items on EU28 menu; the course is set

The world community will be watching very closely today’s gathering of the 28 leaders of the European Union in Brussels. The reason is that its agenda … [Read More...]

Mr David Cameron, UK Prime Minister at the last EU Council last December (Council TVnewsroom, 18/12/2014)

From Grexit to Brexit: UK industry now says the in/out referendum is good for your health

So it is like this. In politics you need to be a sheer opportunist. You have to grab every inch of opportunity available to polarise your electorate … [Read More...]

Ignacio Garcia Bercero and Dan Mullaney

The eighth round of TTIP negotiations concludes in Brussels amid scepticism and new fears

The eighth round of the Transatlantic Trade and Investment Partnership (TTIP), negotiations between the European Union and the United States, … [Read More...]

On 16-17 October 2014 the 10th Asia Europe Meeting (ASEM10) took place in Milan, hosted by The European Union. Snapshot of the high level meeting with Russia and Ukraine. From left to right: François Hollande, President of France, Vladimir Putin President of Russia, Matteo Renzi, Italian Prime Minister, Petro Poroshenko, President of Ukraine and Angela Merkel, German Federal Chancellor. (European Council, Council of the European Union, Audiovisual Services, Shoot date: 16/10/2014).

Europe, US and Russia haggle over Ukraine’s convulsing body; Russians and Americans press on for an all out civil war

Germany and France are alarmed at the prospect that the Americans could turn Ukraine into an unbelievable inferno, by overtly delivering heavy … [Read More...]