The Sting of the Day

European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal. Discussion between Mario Draghi, President of ECB, on the right, and José Manuel Barroso, President of EU Commission on the left, in the presence of Jeroen Dijsselbloem, President of Eurogroup. (EC Audiovisual Services, 26/05/2014).

Did Draghi ask the Germans to accept a drastic change of austerity policies?

With the unemployment rate always at double digit levels (11.5%), inflation falling again nearer to naught (0.3% in August), the Economic Sentiment Indicator (ESI) dropping and the Business Climate … [Read More...]

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Economy

European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal. Discussion between Mario Draghi, President of ECB, on the right, and José Manuel Barroso, President of EU Commission on the left, in the presence of Jeroen Dijsselbloem, President of Eurogroup. (EC Audiovisual Services, 26/05/2014).

Did Draghi ask the Germans to accept a drastic change of austerity policies?

With the unemployment rate always at double digit levels (11.5%), inflation falling again nearer to naught (0.3% in August), the Economic Sentiment … [Read More...]

Ferdinando Nelli Feroci, Vice President designate of the European Commission in charge of Industry and Entrepreneurship, Pierluigi Gilibert, CEO of the European Investment Fund (EIF), Marco Peronaci, Deputy Permanent Representative of Italy to the EC, and Daniel Calleja Crespo, Director General of DG Enterprise and Industry of the EC, and SME Envoy of the EC, participated in the signature ceremony of the agreement between the EC and the EIF to boost funding opportunities for SMEs. The agreement was signed by Gilibert, on the left, and Calleja Crespo, in the presence of Peronaci, standing on the left, and Nelli Feroci, standing on the right. (EC Audiovisual Services 22/07/2014).

Eurozone: GDP development heads to naught; the expensive euro serves only Germany

A new Eurostat wave of data statistically confirmed that Eurozone is utterly moored in economic stagnation, with disturbing signs that this might even … [Read More...]

José Manuel Barroso, President of the European Commission, went to Sintra, in the Grande Lisboa subregion (Lisbon Region) of Portugal, where he participated in the European Central Bank (ECB) Forum on Central Banking (in the foreground, from left to right). (EC Audiovisual Services).

ECB’s unconventional monetary measures give first tangible results

A strong statement was delivered last week by Mario Draghi, President of the European Central Bank. He ascertained that the monetary measures already … [Read More...]

Press conference by Siim Kallas, Vice-President of the European Commission, on the spring 2014 economic forecasts. (EC Audiovisual Services, 05/05/2014).

Eurozone: Inflation plunge to 0.4% in July may trigger cataclysmic developments

With inflation in Eurozone falling last month to crisis level nadir and a new business investments retreat, it is easily understandable why … [Read More...]

Michel Barnier, Vice-President of the EC in charge of Internal Market and Services and Industry and Entrepreneurship (pro term), seated, reading documents (EC Audiovisual Services, 1/07/2014)

Bureaucracy in the member states again the obstacle for long due strong European Hedge Funds

It has been a rough week for the European hedge funds industry. The deadline (22/07/2014) for the implementation date of the Alternative Investment … [Read More...]

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a sting exclusive

I-Society

Westminster Palace, hosting the House of Lords

Look Mom, even the House of Lords says the #righttobeforgotten is not right

The relation between the UK and the EU is like that passionate thing usually developped between a cat and a dog. Historically since the very beginning … [Read More...]

Embrace between Viviane Reding,  Commissioner responsible for Justice, on the right, and Neelie Kroes, Commissioner  in charge of Digital Agenda (EC Audiovisual Services, 1/07/2014)

Cancer research put at risk by General Data Protection Regulation? The possible dangers of a data privacy EU mania

One of the most important debate topics of the last months in the EU has been data privacy and data protection regulation. Whether it was for a major … [Read More...]

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I’m not feeling lucky: The “Right to Be Forgotten” ruling puts Google inside a box

“How should one person’s right to be forgotten be balanced with the public’s right to know?” This is the question that Google is asking to its users … [Read More...]

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Zuckerberg, a paella, and the mighty EU questionnaires that would stop Whatsapp acquisition by Facebook?

It was the end of February and we were walking around the Ramblas in Barcelona, at the eve of Mobile World Congress 2014, where the Sting was the only … [Read More...]

Press conference by Neelie Kroes, Vice-President of the EC, on the huge cuts in mobile data roaming price caps from 01/07/2014 (EC Audiovisual Services)

The European Commission cuts roaming charges. But “it’s not enough”…

With an official communication the European Union has finally announced it: starting from yesterday, 1st of July, using our mobile overseas will be … [Read More...]

Pedro Nunes' exclusive interview by Carlo Motta at the Sting’s pavilion during EBS 2014

“None of our member states has the dimension to compete with China and the US, not even Germany!”, Head of EUREKA Pedro Nunes on another Sting Exclusive

This revealing exclusive interview with Pedro Nunes, Head of EUREKA, was conducted by Carlo Motta at the European Sting’s pavilion during European … [Read More...]

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More Stings

European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal. Discussion between Mario Draghi, President of ECB, on the right, and José Manuel Barroso, President of EU Commission on the left, in the presence of Jeroen Dijsselbloem, President of Eurogroup. (EC Audiovisual Services, 26/05/2014).

Did Draghi ask the Germans to accept a drastic change of austerity policies?

With the unemployment rate always at double digit levels (11.5%), inflation falling again nearer to naught (0.3% in August), the Economic Sentiment … [Read More...]

From left to right: Taavi Roivas, Estonian Prime Minister, Mark Rutte, Dutch Prime Minister, David Cameron, UK Prime Minister, Angela Merkel, German Federal Chancellor, Alexander Stubb, Finnish Prime Minister, Fredrik Reinfeldt, Swedish Prime Minister, Dalia Grybauskaite, President of Lithuania. Special meeting of the European Council in Brussels, on Saturday 30 August. (The Council of the European Union Audiovisual Services).

European Council: Choosing new leaders for the EU betrays efforts for a wider arrangement

The special meeting of the European Council held last Saturday 30 August, despite or probably because of the alarming news about the new fall of … [Read More...]

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Qualcomm to be the next target of EU antitrust regulators? China might be the answer

This hot, rich summer 2014 is approaching its end, but it seems like a hot fall is awaiting already. Google’s antitrust case is still a big question … [Read More...]

Group photo: Nursultan Nazarbayev, President of Kazakhstan, Vladimir Putin, President of Russia, Alexander Lukashenko, President of Belarus, Petro Poroshenko, President of Ukraine, Catherine Ashton, High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the EC, Günther Oettinger Vice-President of the EC in charge of Energy, and Karel De Gucht, Member of the EC in charge of Trade (from left to right). They all went to went to Minsk where they participated in a Forum between the Eurasian Customs Union, EU and Ukraine. The crisis in eastern Ukraine dominated the agenda, and Poroshenko called on the Forum to accept his peace plan for the country. The meeting focused on two areas: the economic aspects of the discussions between the different nations, especially between Russia and Ukraine and the role of the EU; and on the peace and security issues. (EC Audiovisual Services, 26/8/2014).

Germany tries to save Europe from war between Ukraine and Russia

The bellicose attitude of the Atlantic powers - mainly the US with the resolute support and active engagement of Britain and France - has dramatically … [Read More...]

Political-level consultations between EU, Ukraine and Russia on the implementation of the EU/Ukraine Association Agreement. Pavlo Klimkin, Ukrainian Minister for Foreign Affairs, Alexey Ulyukaev, Russian Minister for Economic Development, Vladimir Chizhov, Head of the Mission of Russia to the EU, Alexander Tsybulskiy, Head of the Department of Interaction with the Eurasian Economic Commission and Economic Cooperation with CIS Countries of the Russian Ministry of Economic Development, and Elena Danilova, Head of the Department of European Countries of the Russian Ministry of Economic Development (faced, from right to left). (EC Audiovisual Services 11/07/2014).

Ukrainian civil war: Is this the beginning of the end or the end of the beginning?

The Russian convoy of 280 lorries loaded with humanitarian aid (food, water, electricity generators, etc.) crossed the borders without Kiev’s … [Read More...]

Alenka Bratušek, Slovenian Prime Minister at the rostrum, in the presence of Štefan Füle, Member of the EC in charge of Enlargement and European Neighbourhood Policy, Laurent Fabius, French Minister for Foreign Affairs and International Development, and Kristalina Georgieva, Member of the EC in charge of International Cooperation, Humanitarian Aid and Crisis Response, (seated, from left to right). International donors' conference for Bosnia and Herzegovina and Serbia after the devastating floods in the Balkans. (EC Audiovisual Services, 16/07/2014).

Eurozone: Bankers-politicians rig keeps robbing taxpayers

Last week the European Commission ruthlessly wrote the last chapter of the Slovenian financial tragedy. In it, this nation of only two million people … [Read More...]

Ferdinando Nelli Feroci, Vice President designate of the European Commission in charge of Industry and Entrepreneurship, Pierluigi Gilibert, CEO of the European Investment Fund (EIF), Marco Peronaci, Deputy Permanent Representative of Italy to the EC, and Daniel Calleja Crespo, Director General of DG Enterprise and Industry of the EC, and SME Envoy of the EC, participated in the signature ceremony of the agreement between the EC and the EIF to boost funding opportunities for SMEs. The agreement was signed by Gilibert, on the left, and Calleja Crespo, in the presence of Peronaci, standing on the left, and Nelli Feroci, standing on the right. (EC Audiovisual Services 22/07/2014).

Eurozone: GDP development heads to naught; the expensive euro serves only Germany

A new Eurostat wave of data statistically confirmed that Eurozone is utterly moored in economic stagnation, with disturbing signs that this might even … [Read More...]

José Manuel Barroso, President of the European Commission, went to Sintra, in the Grande Lisboa subregion (Lisbon Region) of Portugal, where he participated in the European Central Bank (ECB) Forum on Central Banking (in the foreground, from left to right). (EC Audiovisual Services).

ECB’s unconventional monetary measures give first tangible results

A strong statement was delivered last week by Mario Draghi, President of the European Central Bank. He ascertained that the monetary measures already … [Read More...]

Pavlo Klimkin, Ukrainian Minister for Foreign Affairs, Vladimir Chizhov, Head of the Mission of Russia to the EU, and Alexey Ulyukaev, Russian Minister for Economic Development (from left to right), gathered in Brussels to discuss Russia’s objections over the implementation of the EU/Ukraine Association Agreement. The results of the conference were very poor. (EC Audiovisual Services, 11/07/2014).

The West and Russia impose a new order on the world

The US led confrontation of the West with Russia has just generated the first tangible and sizeable losses for Europe. German equity values and EU … [Read More...]

The word "Google" in the hall of the main entrance of the "Google Partner Plex" in San Francisco, during José Manuel Barroso's, President of the EC, visit last May (EC Audiovisual Services, 1/05/2014)

Google’s hot summer never ends: EC to launch ANOTHER antitrust inquiry against the American giant

We must admit it: this is not exactly a quiet summer for Google. Not in the Old Continent at least. After the “Right To Be Forgotten” case has … [Read More...]

Exchange of signatures between Pierluigi Gilibert, CEO of the European Investment Fund (EIF) on the left, and Daniel Calleja Crespo, Director General of DG Enterprise and Industry of the EC in the presence of Marco Peronaci, Deputy Permanent Representative of Italy to the EC, 1st from the left, and Ferdinando Nelli Feroci, Vice President designate of the EC in charge of Industry and Entrepreneurship 2nd from the right. (EC Audiovisual Services 22/7/2014).

Industrial price dive may lead to point of no return

Last Monday, Eurostat, the EU statistical service issued data on June industrial price developments (0.1% month to month), actually showing stagnation … [Read More...]

Press conference by Siim Kallas, Vice-President of the European Commission, on the spring 2014 economic forecasts. (EC Audiovisual Services, 05/05/2014).

Eurozone: Inflation plunge to 0.4% in July may trigger cataclysmic developments

With inflation in Eurozone falling last month to crisis level nadir and a new business investments retreat, it is easily understandable why … [Read More...]

Westminster Palace, hosting the House of Lords

Look Mom, even the House of Lords says the #righttobeforgotten is not right

The relation between the UK and the EU is like that passionate thing usually developped between a cat and a dog. Historically since the very beginning … [Read More...]

Embrace between Viviane Reding,  Commissioner responsible for Justice, on the right, and Neelie Kroes, Commissioner  in charge of Digital Agenda (EC Audiovisual Services, 1/07/2014)

Cancer research put at risk by General Data Protection Regulation? The possible dangers of a data privacy EU mania

One of the most important debate topics of the last months in the EU has been data privacy and data protection regulation. Whether it was for a major … [Read More...]

European Economic and Social Committee, 500th Plenary session of 9 and 10 July 2014. Voting procedure. (EESC Audiovisual Services).

Finance for SMEs: Alternative supply mechanisms do exist

Indisputably, one of the most crucial barriers to economic growth is the lack of adequate financing for SMEs, across the European Union. Indeed, the … [Read More...]

Special meeting of the European Council. Herman van Rompuy, President of the European Council 1st from the right, David Cameron, British Prime Minister, in the centre, and Joseph Muscat, Maltese Prime Minister, 2nd from the left (in the foreground). (EC Audiovisual Services).

What next after more sanctions against Russia, will the Ukrainian civil war end?

Even if the Kiev government accomplishes the conquest of eastern Ukraine by the force of arms, the West in general, cannot be sure of a viable … [Read More...]

European Parliament, Plenary session week 29 2014 - Statement by Jean-Claude Juncker President of the Commission elect. (EP Audiovisual Services, 15/07/2014).

The EU can afford to invest trillions in support of employment

Eurostat, the EU statistical service, has recently released data showing that, while the government indebtedness increases, the industrial production … [Read More...]

Jean-Claude Juncker, President-elect of the EC, met with Helle Thorning Schmidt, Danish Prime Minister. (EC Audiovisual Services, 16/07/2014)

EU Top Jobs summit ended with no agreement: welcome to Europe’s quicksand!

If finding the right balance in things is some kind of art, we should say that finding the right balance in the right time is for sure the key to … [Read More...]

Petro Poroshenko, President of Ukraine, Herman van Rompuy, President of the European Canuncil, José Manuel Barroso President of the Commission (seated, from left to right). (EC Audiovisual Services, 27/06/2014).

The MH17 tragedy to put a tombstone on Ukrainian civil war

The anthropoid beast that pressed the button to release the missile which brought down the MH17 Malaysian Airlines flight, killing all the 298 people … [Read More...]

Vladimir Putin, Herman van Rompuy and José Manuel Barroso (in the foreground, from right to left) at EU-Russia Summit (28/01/2014, EC Audiovisual Services)

Is continuous sanctioning the way to resolve the Ukrainian crisis?

The E.U. together with the U.S. decided to impose harsher economic sanctions against Russia last Wednesday. This action was expected since Russia … [Read More...]

Jean-Claude Juncker, addressing the Plenary of the European Parliament - Statement by the candidate for President of the Commission. (European Parliament Photographic Library 15/07/2014).

Junker for Commission President: What were the stakes in this affair

Jean-Claude Juncker’s was confirmed last Tuesday as President of the European Commission for the next five years. In a secret ballot 422 MEPs who … [Read More...]

Google Logo

I’m not feeling lucky: The “Right to Be Forgotten” ruling puts Google inside a box

“How should one person’s right to be forgotten be balanced with the public’s right to know?” This is the question that Google is asking to its users … [Read More...]

From left to right: Herman Van Rompuy, President of the European Council, Petro Poroshenko, President of Ukraine, José Manuel Barroso, President of the European Commission. (Council of the European Union photographic library).

Russia and the EU ‘trade’ natural gas supplies and commercial concessions in and out of Ukraine

Despite the willingness of the West (EU and US) to gradually cut off Russia from the western and central European economic volume, the gas pipelines … [Read More...]

The European Economic and Social Committee (EESC), 500th Plenary session - 9-10 July 2014.

The Peoples are missing from EU’s monetary union

The disenchantment of the 28 European Peoples with their Union stems from the special care the EU institutions clearly show for the financial sector … [Read More...]

whatsapp logo

Zuckerberg, a paella, and the mighty EU questionnaires that would stop Whatsapp acquisition by Facebook?

It was the end of February and we were walking around the Ramblas in Barcelona, at the eve of Mobile World Congress 2014, where the Sting was the only … [Read More...]

European Parliament. Plenary Session. Mario Draghi, President of ECB presents the European Central Bank annual report. (EP Audiovisual Services photographic library).

ECB again to subsidize euro area banks with more than one trillion euro

The Governing Council of European Central Bank decided last week to hand out to Eurozone banks additional liquidity of up to €1 trillion at almost … [Read More...]