The Sting of the Day

Alexis Tsipras talking to members of the Press. (European Parliament Audiovisual Services).

Alexis Tsipras ready to test Eurozone’s political sturdiness; Up to what point?

With the left-wing SYRIZA ready to form a new government in Athens, the party will be the first radical political formation to lead a Eurozone country, and its leader Alexis Tsipras will be the … [Read More...]

The sting @ Davos 2015

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Economy

Mario Draghi walks to take his position in ECB’s Press Conference room. (ECB Audiovisual Services, 22/1/1015).

ECB’s €1.14 trillion again unifies Eurozone; Germany approves sovereign debt risks to be pooled

The long-awaited move of the European Central Bank finally came yesterday afternoon. Mario Draghi announced from ECB’s Press room in the Frankfurt … [Read More...]

Jyrki Katainen, Vice-President of the EC in charge of Jobs and Growth went to Rome where he attended a meeting of the Italian Chamber of Deputies. The Vice-President then attended two meetings with Pietro Carlo Padoan, Italian Minister for Economy and Finances, and Federica Guidi, Italian Minister for Economic Development. This journey to Italy would be followed by several visits in 2015 as part of the "Investment Roadshow", aimed at promoting the EU strategic investment plan presented by the Juncker Commission at the European Parliament on 26/11/2014. A view of the lunch - talk at ISPI. (EC Audiovisual Services 16/01/2015).

Why Eurozone urgently needs the ECB to print and distribute at least €500 billion

Next Thursday 22 January the European Central Bank is expected to announce its new extraordinary monetary program (quantitative easing), under which … [Read More...]

Even the Commissioner would have a very tough time going through the pile of paperwork on the new digital VAT in Europe. Pierre Moscovici, Member of the EC in charge of Economic and Financial Affairs, Taxation and Customs, in this picture embarked on a visit to Athens where he met with Antonis Samaras, Greek Prime Minister, and other Greek officials. (EC Audiovisual Services, 15/12/2014)

New VAT rules in the EU: how a digital sea could have become an ocean

From 1 January 2015, a major change to the European Union VAT rules occurred affecting the digital world, which is destined to be discussed widely for … [Read More...]

Frans Timmermans, First Vice-President of the EC in charge of Better Regulation, Inter-Institutional Relations, the Rule of Law and the Charter of Fundamental Rights, Valdis Dombrovskis, Vice-President of the EC in charge of the Euro and Social Dialogue, and Corina Creţu, Member of the EC in charge of Regional Policy, went to Riga where they participated in a debate about the future of Europe at the "Riga Latvian Society House". The event was hosted by the first Latvian Presidency of the Council of the EU. (EC Audiovisual Services, 08/01/2015).

Are ECB’s €500 billion enough to revive Eurozone? Will the banks pass it to the real economy?

The major indicators that an economy is in recession and probably heading to something worse like a crisis, are falling prices and crumbling wages. … [Read More...]

The new ECB premises in Frankfurt am Main, Germany (the tower on the right). (ECB Audiovisual Services 28/11/2014).

Negative inflation hits Eurozone, ECB to print and distribute one trillion euro earlier than expected

This week more indications emerged pointing to the possibility that the European Central Bank is to announce a government bond purchases programme … [Read More...]

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Even the Commissioner would have a very tough time going through the pile of paperwork on the new digital VAT in Europe. Pierre Moscovici, Member of the EC in charge of Economic and Financial Affairs, Taxation and Customs, in this picture embarked on a visit to Athens where he met with Antonis Samaras, Greek Prime Minister, and other Greek officials. (EC Audiovisual Services, 15/12/2014)

New VAT rules in the EU: how a digital sea could have become an ocean

From 1 January 2015, a major change to the European Union VAT rules occurred affecting the digital world, which is destined to be discussed widely for … [Read More...]

Google News. Spanish version not any more available.

“Hasta la vista” Google says to Spain and now Europe is next?

"But sadly, as a result of a new Spanish law, we’ll shortly have to close Google News in Spain. Let me explain why. This new legislation requires … [Read More...]

Mrs Vestager will have to finish her welcome coffee earlier than previewed and take action on the Google case promptly. The voices of the Parliament show that there is not time for further delay it seems. Margrethe Vestager is the new Commissioner designate for Competition at the European Commission (EP Audiovisual Services, 02/10/2014)

EU to Google: How to dismantle European search engines in 13 steps

It seems that the search engine thriller that we are watching with horror in the Old Continent goes on. Last week the Sting reported on how … [Read More...]

Google_logo_

Parlamentarians to “break up” with reality in the Google antitrust case

How many years can an antitrust case endure in the EU? It certainly depends on many factors but in the case of Google 4 is the minimum. This is … [Read More...]

Google_logo

Search Engine neutrality in Europe in danger: Are 160.000 Google filtering requests good enough?

The long awaited last public discussion about "the right to be forgotten" took place in Brussels yesterday. This was the last of the seven miracles or … [Read More...]

Kumardev Chatterjee, Founder & President of European Young Innovators Forum

It’s Time to Disrupt Europe, Digital First

Written by Kumardev Chatterjee, Founder & President of European Young Innovators Forum Over the last 30 years, the European Union has … [Read More...]

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More Stings

Alexis Tsipras talking to members of the Press. (European Parliament Audiovisual Services).

Alexis Tsipras ready to test Eurozone’s political sturdiness; Up to what point?

With the left-wing SYRIZA ready to form a new government in Athens, the party will be the first radical political formation to lead a Eurozone … [Read More...]

Francoi

“France will be there, it will always be there!”, French President Hollande says in a rather disorganised speech; the Sting reports live from World Economic Forum 2015 in Davos

He was expected before noon but he stumbled upon some snowfall, Mrs Lagarde had told us earlier in the morning during the sessions on Climate change. … [Read More...]

Mario Draghi walks to take his position in ECB’s Press Conference room. (ECB Audiovisual Services, 22/1/1015).

ECB’s €1.14 trillion again unifies Eurozone; Germany approves sovereign debt risks to be pooled

The long-awaited move of the European Central Bank finally came yesterday afternoon. Mario Draghi announced from ECB’s Press room in the Frankfurt … [Read More...]

Europe's Twin Challenges: Growth and Stability (WEF, 22/01/2015)

Austerity lovers to put a break on Renzi’s growth vision for Europe? the Sting reports live from World Economic Forum 2015 in Davos

The World Economic Forum is said to be a congress of polyphony and contradictions. This year's edition bore witness to this perennial value of the … [Read More...]

China‿s Impact as a Global Investor: Cai, Gonzalez, Dong Minzgzhu, Lin, Davies, Diamond, Shuli

China’s impact as a global investor; the Sting reports live from World Economic Forum 2015 in Davos

The Sting continues its exclusive live coverage from the World Economic Forum 2015 in Davos with a critical piece on China. Yesterday afternoon all … [Read More...]

Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the EC, went to Washington where she participated in an International Leaders Forum on "The Transatlantic Bond in an Age of Complexity" at Brookings Institution. The event, moderated by Karen Donfried, President of the German Marshall Fund of the United States (GMF), was jointly organised by the Center on the United States and Europe (CUSE) of Brookings Institution and the GMF. The Vice-President then met with Madeleine Albright, Chair of Albright Stonebridge Group. Who says that the old ghosts don’t haunt today’s skies. The day after Federica Mogherini (on the left) met with Michael Froman, US Trade Representative. The specter of Transatlantic Trade and Investment Partnership (TTIP) must have been present. Again the old phantoms are present in today’s business. (EC Audiovisual Services, 21/01/2015).

‘Internal security’ or how to compromise citizens’ rights and also make huge profits

Only days if not hours after the Charlie Hebdo tragedy in Paris, some governments and many politicians in Europe called for more and tougher internal … [Read More...]

Matteo Renzi click at #WEF

“For my children Italy will be an innovation lab and not a museum”; the Sting reports live from World Economic Forum 2015 in Davos

The World Economic Forum 2015 just started earlier this morning in the ice cold Swiss Alps. After facing the train delays in Klosters Platz and all … [Read More...]

Mr Borissov seems too certain that Bulgaria will play a primordial role in EU's energy plans.
Boyko Borissov, Bulgarian Prime Minister, paid a visit to the EC and was received by Corina Creţu, Member of the EC in charge of Regional Policy, Maroš Šefčovič, Vice-President of the EC in charge of Energy Union, Miguel Arias Cañete, Member of the EC in charge of Climate Action and Energy, and Kristalina Georgieva, Vice-President of the EC in charge of Budget and Human Resources (EC Audiovisual Services, 12/01/2015 )

Russia to cut gas supplies again: can the EU get back to growth without a solid energy market?

“Energy” is a word that may sound a bit alarming in the European Union nowadays. This happens because Europe has a problem: its energy supplies are … [Read More...]

World Economic Forum 2015

The European Sting live from the World Economic Forum 2015 in Davos

So it's time. The most prominent economic and political congress in the world opens its golden doors today. More than 40 heads of state accompanied by … [Read More...]

Jyrki Katainen, Vice-President of the EC in charge of Jobs and Growth went to Rome where he attended a meeting of the Italian Chamber of Deputies. The Vice-President then attended two meetings with Pietro Carlo Padoan, Italian Minister for Economy and Finances, and Federica Guidi, Italian Minister for Economic Development. This journey to Italy would be followed by several visits in 2015 as part of the "Investment Roadshow", aimed at promoting the EU strategic investment plan presented by the Juncker Commission at the European Parliament on 26/11/2014. A view of the lunch - talk at ISPI. (EC Audiovisual Services 16/01/2015).

Why Eurozone urgently needs the ECB to print and distribute at least €500 billion

Next Thursday 22 January the European Central Bank is expected to announce its new extraordinary monetary program (quantitative easing), under which … [Read More...]

Commissioner Dimitris Avramopoulos in charge of Migration, Home Affairs and Citizenship
at plenary session, week 03 2015, during his speak (EP Audiovisual Services, 13/01/2015).

Is the EU competent enough to fight human smuggling in 2015?

That the European Union is facing its big problem of exorbitant illegal immigration is not news. How can it be in a gigantic region of 28 countries … [Read More...]

Last Sunday 1.5 million Parisians, 4 million in total in France, marched as a tribute to the victims of the terrorist attack at the headquarters of the satirical weekly newspaper "Charlie Hebdo". (EC Audiovisual Services, 11.1.2015, Paris)

Charlie’s tragedy energized deeper feelings amongst Europeans; back to basics?

With a superfluity of hypocrisy and a thirst for positive media exposure the European political leaders marched last Sunday in the streets of Paris, … [Read More...]

Mr Schulz is thinking here that perhaps his and his colleagues are practically voting for the opposite of what they are said they are voting for. But now it is too late...
Martin schulz is the European Parliament President, here at the Plenary session week 3 2015 in Strasbourg (EP Audiovisual Services, 13/01/2015)

Breaking news: Juncker’s Commission mutant trojan horse is on the loose in Strasbourg

Yesterday in Strasbourg the Parliament, allegedly, took a decisive stance against GMOs in Europe after so many years of letting the matter linger. … [Read More...]

Even the Commissioner would have a very tough time going through the pile of paperwork on the new digital VAT in Europe. Pierre Moscovici, Member of the EC in charge of Economic and Financial Affairs, Taxation and Customs, in this picture embarked on a visit to Athens where he met with Antonis Samaras, Greek Prime Minister, and other Greek officials. (EC Audiovisual Services, 15/12/2014)

New VAT rules in the EU: how a digital sea could have become an ocean

From 1 January 2015, a major change to the European Union VAT rules occurred affecting the digital world, which is destined to be discussed widely for … [Read More...]

Frans Timmermans, First Vice-President of the EC in charge of Better Regulation, Inter-Institutional Relations, the Rule of Law and the Charter of Fundamental Rights, Valdis Dombrovskis, Vice-President of the EC in charge of the Euro and Social Dialogue, and Corina Creţu, Member of the EC in charge of Regional Policy, went to Riga where they participated in a debate about the future of Europe at the "Riga Latvian Society House". The event was hosted by the first Latvian Presidency of the Council of the EU. (EC Audiovisual Services, 08/01/2015).

Are ECB’s €500 billion enough to revive Eurozone? Will the banks pass it to the real economy?

The major indicators that an economy is in recession and probably heading to something worse like a crisis, are falling prices and crumbling wages. … [Read More...]

charlie

To all far-right partisans who exploit Charlie Hebdo atrocity: a peaceful reply given by a peaceful student

Written by Arif Shala, Executive Director at the Institute for Economic Development Studies Migration refers to change of residence, it is a … [Read More...]

The new ECB premises in Frankfurt am Main, Germany (the tower on the right). (ECB Audiovisual Services 28/11/2014).

Negative inflation hits Eurozone, ECB to print and distribute one trillion euro earlier than expected

This week more indications emerged pointing to the possibility that the European Central Bank is to announce a government bond purchases programme … [Read More...]

Watch out: Alexis is coming out!
Photo taken at the European Elections 2014 - Athens. Greek left-wing opposition leader Alexis TSIPRAS as he casts his vote at a voting center, in Athens, on Sunday, May 25, 2014. (EP Audiovisual Services, 25/05/2014)

Grexit no longer a threat but how to manage a “tutti frutti” government if not with fear?

Every now and then a Eurozone crisis breaks out lately. This means two things: either the common currency project is too fragile or too many people … [Read More...]

Come and join our Eurasian Union Mr Putin would like to say to the EU, but it seems that the EU will not RSVP. Photo of Mr Vladimir Putin, President of Russia, from the EU-Russia Summit  one year ago (EC Audiovisual Services, 28/01/2014)

Eurasian Union begins: the giant modelled on the EU is Moscow’s biggest challenge

On the first day of 2015, when all the world was waking up ready to taste what this New Year will be like, the treaty creating the Eurasian Economic … [Read More...]

Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the EC, went to Kiev where she met with Petro Poroshenko, President of Ukraine. (On the left side) Petro Poroshenko, in the centre, and Pavlo Klimkin, Ukrainian Minister for Foreign Affairs, on the left. (On the right side) Federica Mogherini, in the centre, and Jan Tombiński, Head of the Delegation of the EU to Ukraine, on the left. (EC Audio-visual Services, 16/12/2014).

Can Kiev make face to mounting economic problems and social unrest?

The time of truth for the European Union’s strategy on the Ukrainian question finally came. Brussels is about to let the poor country not only be … [Read More...]

ECB’s Governing Council as at February 2014. Front row (from left to right): Patrick Honohan, Benoît Cœuré, Sabine Lautenschläger, Mario Draghi, Vítor Constâncio, Yves Mersch, Middle row (from left to right): Carlos Costa, Luc Coene, Christian Noyer, Jens Weidmann, Jozef Makúch, Josef Bonnici, Back row (from left to right): Boštjan Jazbec, Erkki Liikanen, Ardo Hansson, George A. Provopoulos, Gaston Reinesch, Ilmārs Rimšēvičs, Klaas Knot, Peter Praet. Note: Panicos O. Demetriades, Luis M. Linde, Ewald Nowotny, and Ignazio Visco were not available at the time the photograph was taken. (ECB Audiovisual Services).

Eurozone: A crucial January ahead again with existential questions

The EU Bank Recovery and Resolution Directive entered into force as from yesterday 1.1.2015. In theory, from now in the unfortunate event of a failing … [Read More...]

Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the EC, went to Baghdad were she was welcomed by Nazar Al-Kheer Allah, Iraqi Undersecretary for Bilateral Relations (EC Audiovisual Services, 22/12/2014).

EU-Russia relations: the beginning of a warmer winter?

The year 2014 has seen many changes and overturns in the EU-Russia relations, but although the New Year is just a few hours away, there is still time … [Read More...]

The tenth meeting of European Religions in Brussels. Bhai Sahib Mohinder Singh, Chairman of the Guru Nanak Nishkam Sewak Jatha, 1st, Syed Ali Abbas, Joint Secretary of Majlis-e-Ulama-e-Shi’a Europe, 2nd, Reinhard Marx, Archbishop of Munich and Freising; President of the Commission of the Bishops' Conferences of the European Community (Comece), 3rd, holding a microphone, and Christopher Hill, Bishop of Guilford and President of the Conference of European Churches (CEC), 5th (from left to right). (EC Audiovisual Services, 10/06/2014).

Why and how did ISIS and Muslim fundamentalism gain momentum this year?

The European Investment Bank chose the perfect timing at the end of the year to take stock of its support to Egypt, or probably not? On 22 December … [Read More...]

Mario Draghi looks determined to apply Quantitative Easing in 2015, at the EP Committee on Economic and Monetary Affairs Monetary Dialogue, last November. Mario Draghi is the President of the European Central Bank (EP Audiovisual Services, 17/11/2014)

Draghi’s top new year resolution: Quantitative Easing

The year 2014 is coming to an end and the major concern of the European Central Bank (ECB) and its president Mario Draghi was and still is the … [Read More...]

Mr Tusk is happily "jingling" the bell during the EU Council of last week (18-19 December). Mr Donald Tusk is the President of the EU Council (EU Council TV newsroom, 18/12/2014)

Merry Christmas from Erdogan, Putin, Mogherini and the Polish firefighter

One month is more than enough in international diplomacy to flip the world. During the last month of this long 2014 we were cought by surprise by the … [Read More...]

The British Premier looks pissed off at the camera, probably because of the criticism that his immigration proposed reform would meet at the Council last week, 18-19 December. Mr David Cameron is the UK Prime Minister and the leader of the British Conservative Pary. (European Council Audiovisual Services, 18/12/2014)

France and Poland to block David Cameron’s plans on immigration

UK’s Prime Minister David Cameron will probably remember last European Council summit, held in Brussels at the end of last week, not only for the … [Read More...]

Environment Council - December 2014. EU Ministers of Environment met in Brussels on 17 December 2014. Achim Steiner, Executive Director of the United Nations Environment Programme (UNEP) (in the forefront) also participated in the meeting. (European Council - Council of the European Union, Audiovisual service presse.audiovisuel@consilium.europa.eu)

Why the merchant ships can pollute the atmosphere with CO2 quite freely

Last Wednesday the European Union Environment ministers reached an agreement… essentially to not to impose rules or duties on CO2 emissions from … [Read More...]

Hi 5 Donald! Jean-Claude Juncker seems very happy to meet his new pal. From left to right, Jean-Claude Juncker, President of the European Commission and Donald TUSK, President of the European Council at the 18-19 December EU Council in Brussels (European Council Audiovisual Services, 18/12/2014)

The British “nonsense”, the relaxed Commissioner and the TTIP “chiaroscuro” at this week’s Council

"The EU and the US should make all efforts to conclude negotiations on an ambitious, comprehensive and mutually beneficial TTIP by the end of 2015", … [Read More...]

Strasbourg, 15/04/2014. European Parliament, 7th Parliamentary Term. Press conference on Banking Union. Michel Barnier, ex-Commissioner responsible for the internal market (second from left), Sharon Bowles, then Chair of ECON Committee (ALDE, UK) (in the middle) and three members of the previous Parliament associated with the inter-institutional agreement for the creation of the European Banking Union, Elisa Ferreira (S&D, PT) (second from right), Gunnar Hokmark, (EPP, SE) (first from right) and Peter Simon (S&D, DE).

Germany rules the banking industry of Eurozone

Last Tuesday the European Parliament approved the appointment of the Single Resolution Board members. European Sting readers may recall that some … [Read More...]

Google News. Spanish version not any more available.

“Hasta la vista” Google says to Spain and now Europe is next?

"But sadly, as a result of a new Spanish law, we’ll shortly have to close Google News in Spain. Let me explain why. This new legislation requires … [Read More...]

Mr Sapin seems to be asking Mrs Georgieva here for a "discount" on France's contribution to the EU budget, given the severe economic problems in Hexagone. From left to right, Michel Sapin, French Minister for Finance, and Kristalina Georgieva, Commissioner for Budget and Human Resources. (EC Audiovisual Services, 06/11/2014)

Bundesbank’s President Weidmann criticises France and the EU. Credibility at risk?

Just a few days have passed since an official report by the Directorate General for Economics and Finance Affairs of the European Commission told the … [Read More...]

European Union’s "Growth and jobs strategy 2014", proved a total failure. The people responsible for that are here in session. Wolfgang Schäuble, German Federal Minister for Finance, José Manuel Barroso, ex-President of the European Commission, Manfred Weber, Member of the European Parliament and Vice-Chairman of the EPP Group and Martin Kamp, Secretary-General of the EPP Group (from left to right).

ECB’s trillion has to be printed and distributed fast before Armageddon comes

The latest Eurostat data on employment and industrial production for the Eurozone economy point invariably to stagnation, if not recession, while the … [Read More...]

Pierre Moscovici

France fails again the exams. Kindly requested to sit in on Commission’s class

France gets once more under the microscope. Apparently the second biggest economy of Europe is il for the past couple of years in trouble. Given its … [Read More...]

European Council of 23-24.10.2014 in Brussels. Angela Merkel, German Federal Chancellor, Francois Hollande, President of France. This is how the European Council decides. Chancellor Merkel speaks and French President Hollande listens. (EU Council Photographic Library).

Greece did it again

Last Monday, the Greek government scheduled an early Presidential election before the end of the year, which according to the constitution is to be … [Read More...]

It seems that not even Dan Mullaney, Chief US Negotiator for TTIP, can believe that Cecilia sees a "fresh start" in the negotiations! From right to left, Cecilia Malmström, Member of the EC in charge of Trade and Dan Mullaney, Chief US Negotiator for the Transatlantic Trade and Investment Partnership (TTIP). (EC Audiovisual Services, 08/12/2014)

Is a full course lunch, a new Commissioner and 2 million anti-TTIP citizens what you would call a “Fresh Start”?

It was last Monday that Mrs Cecilia Malmstrom, the newly appointed EU Commissioner for Trade, paid a visit to Washington to meet "our American … [Read More...]

Visit by Federica Mogherini, Johannes Hahn and Christos Stylianides to Turkey. from let to right: Johannes Hahn, Member of the EC in charge of Humanitarian Aid and Crisis Management, Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the EC, and Ahmet Davutoglu, Turkish Prime Minister. (EC Audiovisual Services, 08/12/2014)

EU’s Mogherini visits Turkey “to step up engagement” and highlight interests

As announced last week through an official European Union statement, EU Foreign Policy Chief Federica Mogherini and two other senior EU officials are … [Read More...]

European Parliament. Monetary Dialogue with Mario Draghi, President of the European Central Bank (in the middle) - Adoption by Lithuania of the euro on 1 January 2015. (EP Audiovisual Services).

The financial war touches Frankfurt and Berlin

Early next year the world is going to watch the culmination of the battle between Mario Draghi the President of the European Central Bank in Frankfurt … [Read More...]

"C'est la vie", the body language of Mr Moscovici says in this photo. Press point after the hearing of Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and Customs (EP Audiovisual Services, 02/10/2014)

“C’est la vie”? French recession and unemployment to linger in Eurozone

It was last Wednesday when the financial information services company Markit published the Markit Eurozone Composite Purchasing Managers Index (PMI) … [Read More...]