The Sting of the Day

Participation of Catherine Ashton, High Representative of the Union for Foreign Affairs and Security Policy and Vice President of the EC at the 17th of April Ukraine talks in Geneva. Ashton, on the right, and US Secretary of State, John Kerry, hold a joint press conference after the plenary session with Ministers of Foreign affairs of US Russia and Ukraine on April 17th, 2014 at the Intercontinental Hotel Geneva. (EC Audiovisual Services, 17/4/2014).

The West and Russia took what they wanted from Ukraine

Yesterday, in Geneva the representatives of the EU, the US and Russia did on Ukraine what the European Sting said they were about to do; partition the poor country. By the way, the Ukrainian ‘Foreign … [Read More...]

Economy

Michel Barnier, Member of the European Commission in charge of Internal Market and Services, Jonathan Faull, Director General of DG "Internal Market and Services" of the EC, and Benoît Cœuré, Member of the Executive Board of the European Central Bank (ECB) (from left to right). The occasion was a conference on "Financial Stability and the Single Market – The Keys to Growth in Europe". (EC Audiovisual Services).

The ECB will do whatever it takes to set the Eurozone economy again in motion

Benoît Cœuré, Member of the Executive Board of the ECB, speaking at the high-level conference on "Monetary Policy in the New Normal” organised by the … [Read More...]

The the EU/US Summit. Barack Obama, President of the United States and Catherine Ashton, High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the EC. Evidently the US President looks the other way. (EC Audiovisual Services 26/03/2014).

The EU invites the US and Russia to partition Ukraine

With an announcement of a few words, EU High Representative Catherine Ashton announced yesterday that Ukraine accepted to participate in a meeting … [Read More...]

European Council. From left to right: Francois Hollande, President of France, Antonis Samaras, Greek Prime Minister, Pedro Passos Coelho, Portuguese Prime Minister, Angela Merkel, German Federal Chancellor. It’s clear that Angela Merkel instructs the Portuguese PM and the Francois Hollande gives directions to the Greek Premier. (Council of the European Union, 20/03/2014).

Greece returns to markets at a high cost to taxpayers, after four years out in the cold

The time that Greece has been waiting for, for quite a long time (4 years) is about to come. Athens is now floating in the capital markets a sovereign … [Read More...]

Androulla Vassiliou, Member of the EC in charge of Education, Culture, Multilingualism and Youth delivered a speach at the debate entitled 'The Crisis in Europe and the Future of Higher Engineering Education', co-organised by the European Society for Engineering Education and the Greek Presidency. (from left to right) Kamel Hawwash, President of the European Society for Engineering Education (SEFI) and Professor in the School of Civil Engineering at the University of Birmingham, Androulla Vassiliou and Antonia Moropoulou, Vice President of SEFI and Professor at the National Technical University of Athens, School of Chemical Engineering, Section of Materials Science and Engineering. (EC Audiovisual Services, 07/04/2014).

Crisis hit countries cut down public spending on education

Despite an almost continuous but very moderate increase of government spending on education in absolute (euro) terms during the 2002-2012 decade the … [Read More...]

European Parliament. Committee on Economic and Monetary Affairs (ECON) meeting. In the chair, Sharon Bowles (ALDE, UK) (on the left). Nomination of ECB board, in the presence of Yves Mersch, Member of the Executive Board of the ECB. (EP Audiovisual Services).

The ECB proposes a swift solution for SMEs’ financing

The European Central Bank is deeply worried about the ability of Eurozone’s SMEs to access bank financing at a reasonable cost and under competitive … [Read More...]

I-Society

MWC14

The European Sting @ Mobile World Congress 2014, Creating What’s Next for the World. Can EU Policy follow?

It was the end of February and the time for the world’s biggest annual mobile technology event had come. The rendez-vous was given at the same place … [Read More...]

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NEC @ MWC14: “Smart cities” hold the key to enhancing citizens’ lives and cutting costs

Written by Jean-Matthias Bohli, Senior Researcher at NEC Laboratories Europe By 2030, 5 billion people — around 60% of the world’s population — … [Read More...]

intel_logo

Intel @ MWC14: Our Love Story with Mobile – Transforming Wireless Networks

Written by Bernadette Andrietti, Vice President, Sales and Marketing Group, Director, Europe, Middle East and Africa Marketing, Intel … [Read More...]

Neelie Kroes, Vice-President of the EC in charge of Digital Agenda, went to Vilnius where she participated in the "ICT 2013 - Create, Connect, Grow" event, a session dedicated on "Innovating by exploiting big and open data and digital content" which took place at the Lithuanian Exhibition and Convention Centre (LitExpo).

How ‘small’ is Europe in Big Data?

One of the major current debates in ICT is the one of open big data. Last December, Neelie Kroes, the Vice-President of the European Commission for … [Read More...]

More Stings

Participation of Catherine Ashton, High Representative of the Union for Foreign Affairs and Security Policy and Vice President of the EC at the 17th of April Ukraine talks in Geneva. Ashton, on the right, and US Secretary of State, John Kerry, hold a joint press conference after the plenary session with Ministers of Foreign affairs of US Russia and Ukraine on April 17th, 2014 at the Intercontinental Hotel Geneva. (EC Audiovisual Services, 17/4/2014).

The West and Russia took what they wanted from Ukraine

Yesterday, in Geneva the representatives of the EU, the US and Russia did on Ukraine what the European Sting said they were about to do; partition the … [Read More...]

From left to right: Wolfgang Schauble, German Federal Minister for Finance and Ioannis Stournaras, Greek Minister for Finance. Obviously they discuss what Greece and the other south Eurozone countries need most; growth (Audiovisual Services , ‘The Council of the European Union’).

Half of Eurozone in deflation expecting salvation from monetary measures

Five Eurozone countries posted negative inflation rate in March (Greece (-1.5%), Cyprus (-0.9%), Portugal (-0.4%), Spain and Slovakia (both -0.2%), … [Read More...]

European Parliament. Committee on Economic and Monetary Affairs (ECON) meeting. Vote on the bank single resolution mechanism and fund. (EP Audiovisual Services).

The completion of the European Banking Union attracts billions of new capital for Eurozone banks

The European Parliament adopted yesterday with large majorities three legal texts completing the European Banking Union, two years after the initial … [Read More...]

Štefan Füle, Member of the European Commission in charge of Enlargement and European Neighbourhood Policy, Ramón Luis Valcárcel Siso, President of the Committee of the Regions (CoR) (on the left), and Volodymyr Hroisman, Ukrainian Vice-Prime Minister and Minister for Regional Development, Construction, Housing and Communal Services (on the right), gave a joint press conference following the plenary session of the Committee of the Regions on Ukraine. The way the Ukrainian minister looks, could mean that one cannot be a minister in this country if one doesn’t look like a fighter. (EC Audiovisual Services  02/04/2014).

Russia and the West use the same tactics to dismember Ukraine

It’s amazing how much distanced from reality the EU’s foreign policy must be, under the permanent Council Presidency of Lady Catherine Ashton. There … [Read More...]

Mario Draghi, President of the European Central Bank, delivering a speech at the European Parliament. (EP Audiovisual Services).

ECB: A revolutionary idea to revitalize the European economy with cheap loans to SMEs

IMF and World Bank’s spring meetings in Washington DC last weekend gave the opportunity to the European Central Bank (ECB), supported by the Bank of … [Read More...]

ILO labour statuses and new supplementary indicators, EU-28, age 15-74, 2013. Eurostat graph.

The true EU unemployment rate may have soared to 21.9%

On top of the 26.2 million of the unemployed, averaging at 12% of EU’s working age population, there is another 10 million of underemployed par-timers … [Read More...]

European Economic and Social Committee. Public hearing on the implementation, at the national level, of EU policies for youth employment. The Labour Market Observatory of the Committee is carrying out an assessment of the policies put in place in Austria, Croatia, Finland, Greece, Italy and Slovakia to help young people find work. (EESC Audiovisual Services 1/4/2014).

The Brussels bureaucracy blocks the Youth Guarantee scheme

The fate of the Youth Guarantee scheme, constituted to help the under 25s to get a job or a training within four months after leaving the education … [Read More...]

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), and José Manuel Barroso, President of the European Commission attending the 68th session of the United Nations General Assembly (UNGA) in New York. (in the background, from left to right). (EC Audiovisual Services).

The IMF overstates the risks for Eurozone and downgrades the threats for the US economy

Once more, the International Monetary Fund, with its latest issue of World Economic Outlook, comes back to criticizing Eurozone’s low inflation rate … [Read More...]

On 4 April 2014, the members of the Workers' Group of the EESC took part in a demonstration organised by the European Trade Union Confederation in Brussels. (EESC photographic library).

Youth unemployment: No light at the end of the tunnel

Last Friday the European Economic and Social Committee (EESC) held a public hearing on the implementation of European Union policies to counter youth … [Read More...]

A close embrace between Jeroen Dijsselbloem, President of the Eurogroup and Christine Lagarde, Managing Director of the IMF (from left to right). So close yet so far apart, after the IMF started criticizing Eurozone about fiscal and incomes austerity and an overleveraged banking sector. (The Council of the European Union, 8/7/2013).

The ECB ‘accidentally’ followed IMF‘s policy advice for growth and job creation by printing more money

Christine Lagarde, Managing Director of the International Monetary Fund, speaking in Washington DC last Wednesday 2 April stressed that the world … [Read More...]

László Andor, Member of the EC in charge of Employment, Social Affairs and Inclusion (first from right) and Viviane Reding, Vice-President of the EC in charge of Justice, Fundamental Rights and Citizenship, participated in the 3rd European Roma Summit with Traian Băsescu, President of Romania. Around 500 Representatives of EU institutions, national Governments and Parliaments, International Organisations, Mayors, civil society organisations (including Roma organisations) and local and regional authorities were invited to express their views. (EC Audiovisual Services, 4.4.2014).

EU citizens disenchanted with Economic and Monetary Union over rising poverty and high unemployment

In a historic meeting, Employment, Social Affairs and Inclusion Commissioner, László Andor, and local and regional European leaders elaborated … [Read More...]

European Parliament. Committee on Economic and Monetary Affairs meeting. Monetary dialogue with Mario Draghi, President of the European Central Bank (seated). MEP Peter van Dalen (ECR, NL) greets the central banker to Parliament. (EP Audiovisual Service 16/12/2013).

Eurozone set to abandon monetary and incomes austerity and adopt growth friendly policies

Finally, the European Central Bank’s Governing Council unanimously agreed yesterday to use extraordinary monetary measures to support growth in … [Read More...]

Angela Merkel, German Federal Chancellor speaking at the 3rd General Assembly of the 'New Narrative for Europe', an even held in the Academy of Arts (Akademie der Künste) of Berlin. (EC Audiovisual Services 01/03/2014).

Is Eurozone preparing to abandon austerity and stagnation?

Two unrelated at first reading, but in reality very closely connected developments, materialised this week. On the one side it’s the new fall of … [Read More...]

László Andor, Member of the European Commission in charge of Employment, Social Affairs and Inclusion (on the right), went to the region of Miribilla, in Bilbao, for the inauguration of the brand new premises of the European Agency for Safety and Health at Work (EU-OSHA). On this occasion, he attended the signing of the Seat Agreement between Spain and the EU, in the presence of Pedro Llorente, Spanish Deputy Undersecretary for Employment and Social Security and Christa Sedlatschek, Director of the EU-OSHA (on the left). (EC Audiovisual Services, 31/03/2014).

EU Commission: a rise in wages and salaries may help create more jobs

The Eurozone unemployment rate in February remained stubbornly stuck at the high level of 11.9% since October 2013. According to Eurostat, the EU’s … [Read More...]

Visit by László Andor, Member of the European Commission in charge of Employment, Social Affairs and Inclusion to Bilbao, where he participated in the inauguration of and Signing of the OSHA Seat Agreement. (L-to-R) Pedro Llorente, Spanish Deputy Secretary for Employment and Social Security, Dr. Christa Sedlatschek, Director of EU-OSHA (The European Agency for Safety and Health at Work ), and Laszlo Andor. (EC Audiovisual Services 31/03/2014).

EU Commission says falling labour remuneration leads to deflation and damages growth prospects

  The social situation in the European Union keeps degrading and in many countries it has compromised the social cohesion. Yesterday the … [Read More...]

José Manuel Barroso, President of the European Commission, went to Berlin, where he participated in the 17th Tourism Summit (Tourismusgipfel). In his speech, the President reminded of the mutually beneficial effects of tourism and European integration, and underlined in particular the importance of the four freedoms of the Single Market for a flourishing tourism sector. (EC Audiovisual Services).

Easier Schengen Visas for non-EU holiday makers: A crucial issue for south Eurozone countries

With Brussels ‘digesting’ two historical developments, the annexation of Crimea by Russia and the creation of the European Banking Union, this new … [Read More...]

European Commission President José Manuel Barroso, presenting the "Europe is on its way to meeting its 2020 targets" report. The stubbornly subdued state of the EU economy though is in direct contrast with the optimism of the outgoing President. (EC Audiovisual Services, 21/03/2014).

Data show EU Economy in a stubbornly subdued state

At the end of the first quarter of the year (end March 2014) the Eurozone economy doesn’t show any signs of change from its subdued state of the last … [Read More...]

obama EU US Summit

Obama, Crimea and the TTIP pill

It was two days ago, Wednesday 26 March, that the President of the USA paid us a visit here in Brussels and caused a congestion chaos in the Belgian … [Read More...]

Jose Manuel Barroso, President of the European Commission (left) & Arseni Yatseniuk, Interim Prime Minister of Ukraine (right), (EC Audiovisual Services)

Ukraine: turning challenges into opportunities


Last Friday Ukraine and the EU signed the political part of the Association Agreement. Although deliberately diminished in Europe, the significance … [Read More...]

erdogan

#TwitterisblockedinTurkey and so is Erdogan

Last Thursday night Turkey’s Prime Minister Recep Tayyip Erdogan officially ‘declared war’ to Twitter. With a public, old authoritarianism-scented … [Read More...]

Arseni Yatseniuk

Crimea, a wicked game of political chess and a ‘big’ coincidence

Last Friday, 21 March, was a historic day in modern geopolitical proceedings. A former Soviet Union member was opening its door to the European Union … [Read More...]

Cecilia Malmstrom, European Home Affairs Commissioner (EC Audiovisual Services)

MEPs Anti-fraud votes for more votes?

Fellow Europeans, you don’t have to worry any more about corruption in the Old Continent. Our MEPs voted yesterday, Thursday 20 March, in favour of … [Read More...]

European Parliament. Joint meeting of Committee on Development, Committee on Environment, Public Health and Food Safety, Committee on Petitions, Committee on the Internal Market and Consumer Protection. Presiding , Matthias Groote (S&D, DE). Hearing on citizens' initiative "Right2Water", in the presence of EU Commissioner, Maros Sefcovic (on the right, standing). (EP Audiovisual Services, 17/02/2014).

The EU Commission is lying to the “Right2Water” campaign

As expected, yesterday, the European Commission said ‘yes’ to the very first successful European Citizens' Initiative, organized by the Right2Water … [Read More...]

Angela Merkel, German Federal Chancellor, Arseniy Yatsenyuk, acting Ukrainian Prime Minister, José Manuel Barroso EU Commission President and Andrus Ansip, Estonian Prime Minister (in the foreground, from right to left). From the extraordinary meeting of heads of state or government of the EU, hosted by Herman van Rompuy, President of the European Council, which focused on the situation in Ukraine. (EC Audiovisual Services, 06/03/2014).

Crimea: The last bloodless secession of a Ukraine region?

There is no doubt about the outcome of the referendum on Crimea’s future annexation to Russia. It’s not only that 68% of the Crimean population is of … [Read More...]

European Parliament. Committee on Economic and Monetary Affairs (ECON) meeting: Hearing of Mario Draghi as ECB president here photographed with Sharon Bowles (ALDE, UK) ECON Chair (EP Audiovisual Services).

ECB readies itself for extraordinary monetary measures defying Germany

In direct antithesis with the German Federal Minister of Finance Wolfgang Schauble, Mario Draghi, the President of the European Central Bank, raised … [Read More...]

European Parliament. Plenary session, week 11, 2014 in Strasbourg. Preparations for the European Council meeting (20-21 March 2014). Council and Commission statements. (in the forefront) Jose Manuel Barroso, European Commission President has the floor (standing on the right) and Commissioner Olli Rehn EC Vice-President in charge of Economic and monetary affairs and the Euro. (EP Audiovisual Services 12/3/2014).

EU Parliament: A catastrophic crisis management by European leaders

The European Parliament once more confirmed its reputation as the authentic channel transiting the social and the economic realities the European … [Read More...]

Economic and Financial Affairs Council (ECOFIN) meeting, 11/3/2014. From left to right: Vítor Constâncio, Vice-President of the European Central Bank, Klaus Regling, Chief Executive Officer of EFSF/ESM, Wolfgang Schauble, German Federal Minister for Finance. (Council of the European Union Audiovisual Service, 11/3/2014).

Bank resolutions to remain a politically influenced affair

Today in Strasbourg the three EU decision making bodies, the Council as represented by its Greek Presidency, the Parliament and the Commission, in a … [Read More...]

Eurogroup meeting of 10/3/2014. (From left to right) Luis De Guindos Jurado, Spanish Minister for Economic Affairs and Competitiveness, Michael Noonan, Irish Minister for Finance, Jeroen Dijsselbloem, President of the Eurogroup and Dutch Minister for Finance, Ioannis Stournaras, Greek Minister for Finance. (Council of the European Union Audiovisual Services, 10/3/2014).

Close to final agreement on the EU Banking Union

Yesterday’s Eurogroup and today’s ECOFIN councils are convened almost exclusively to discuss the details of the two remaining gaps in the legal and of … [Read More...]

Ioannis Stournaras, Greek Minister for Finance and President of the ECOFIN Council signs documents. (Council of the European Union photographic library, 18/2/2014).

A week to decide if the EU is to have a Banking Union

This Monday and Tuesday, 10 and 11 March during the Eurogroup and the ECOFIN meetings respectively, the member states will show their willingness to … [Read More...]

European Parliament. Committee on Economic and Monetary Affairs (ECON) meeting. Hearing with Mario Draghi, President of European Central Bank and head of the European Systemic Risk Board. In the chair of the ECON Committee, Sharon Bowles. Draghi trying to improve his vision by adjusting his glasses. (EP Audiovisual Services, 3.3.2014)

ECB ready to counter the rise of the euro?

As expected by many, the European Central Bank left its basic interest rate unchanged at 0.25%. However, Mario Draghi, the President of ECB, raised … [Read More...]

Press conference by Manuel Barroso, President of the European Union, on the package of support measures for Ukraine. (EC Audiovisual Services, 5.3.2014).

Ukraine: The West and Russia negotiate shares of influence

The seriousness of approach, the magnitude of the interest and the pertinence of the proposal the European Union adopted yesterday to end the … [Read More...]

European Parliament. Committee on Economic and Monetary Affairs (ECON) meeting. Hearing with Mario Draghi, President of the European Central Bank and the European Systemic Risk Board. (EP Audiovisual Services 3.3.2014).

Draghi indirectly accuses Germany of using double standards in financial issues

Last Monday, Mario Draghi, the President of the European Central Bank appeared in his last hearing in the Committee on Economic and Monetary Affairs … [Read More...]

European Sting reporter, Nataliya Katser-Buchkovska, moderating a panel discussion on renewable energy during Energy Forecast in Brussels

Tools of asset development: Renewable Energy Projects case

Energy Forecast Pan European 2014 Outlook organized by Premier Cercle in Brussels has become a platform for networking between the EU officials, key … [Read More...]

Yesterday the EU Council of Foreign Ministers held an extraordinary meeting to discuss the recent developments in Ukraine. The Council urged Russia to immediately withdraw its armed forces to their areas of permanent stationing. In the absence of de-escalating steps by Russia, the Council agreed that it will decide about consequences such as suspension of bilateral talks on visa matters. From left to right: José Manuel Garcia-Margallo Marfil, Spanish Minister for Foreign Affairs and Cooperation, Laurent Fabius, French Minister for Foreign Affairs, Federica Mogherini, Italian Minister for Foreign Affairs. (The Council of the European Union Audiovisual Services 3/3/2014).

Europe enters uncharted waters with Kiev-Moscow standoff

With a brief announcement of the G7, the West is practically recognising the occupation of Crimea by the Russian armed forces as a ‘fait accompli’ and … [Read More...]

Athens informal meeting of the EU Foreign Affairs Council (Trade). European Commissioner Karel de Gucht, responsible for Trade (on the left), shakes hands with Greek Deputy Minister Notis Mitarachi, who held the rotating Presidency of the Council. (Greek Presidency photographic library, 28/2/2014).

De Gucht: More gaffes with the talks on the EU-US free trade agreement

European Commissioner Karel de Gucht, responsible for Trade, speaking after the informal Athens meeting of the EU Foreign Affairs Council (Trade), … [Read More...]

José Manuel Barroso, President of the European Commission (second from left), went to Paris, where he took part in a discussion on European competitiveness with Members of the European Roundtable of Industrialists (ERT), Angela Merkel, German Federal Chancellor (at the podium), François Hollande, President of the French Republic and Leif Johansson, Chairman of the ERT (first from left). The integrity of the euro area had been preserved, the recovery was there, but the economic crisis is not over. Unemployment rates were still quite high.

High unemployment to continue haunting the EU

Eurostat, the EU statistical service, revealed yesterday that the “euro area (EA18) seasonally-adjusted unemployment rate was 12% in January 2014, … [Read More...]

Angela Merkel, the German Federal Chancellor and José Manuel Barroso, President of the EC, went to Paris where together with François Hollande, President of the French Republic they took part in a discussion on European competitiveness with Members of the European Roundtable of Industrialists (ERT). This discussion followed the previous debate in Berlin on the same subject which was held on 18/03/2013. (EC Audiovisual Services 19/02/2014).

Eurozone: Economic sentiment-business climate to collapse without support from exports

According to the Directorate General for Economic and Financial Affairs (DG ECFIN), of the European Commission, in February, the “Economic Sentiment … [Read More...]

European Parliament, 26 February 2008.Press conference following the EP President's meeting with the President of the Parliament of Ukraine Arseniy Yatsenyuk (on the left), here pictured with Hans Gert Poettering – the then EP President. Yesterday, Arseniy Yatsenyuk was named by the Maidan Prime Minister of his country.

How to test if Kiev’s ‘Maidan’ was an authentic revolt or a well-planned operation

The difficulties to formulate a new government in Ukraine are obviously related to the country’s economic stalemate, the deepening east-west division … [Read More...]

Press conference by Olli Rehn, Vice-President of the European Commission, on the winter economic forecasts for 2013-2014. (EC Audiovisual Services, 25.2.2014).

The EU Commission predicts a decimated growth in the next years

Yesterday, the European Commission after acknowledging that unemployment will continue ravaging more than half of Eurozone in the foreseeable future … [Read More...]