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The recent turbulence of the Chinese stock exchange has caused great concerns not only to the second biggest world economy but also to the European Union (EU) as a whole. Junker’s European Commission (EC) is anxiously waiting for China to invest in the EU given the fact that not long ago the Chinese Premier promised to […]
BARCELONA, July 15, 2015 – QUALITY is a key driver in timely product launches, enhancing a company’s reputation and maximizing shareholder value. Therefore Fleming Europe has decided to exploit the potential of producing an uninterrupted supply of high-quality medicine for patients in a challenging regulatory environment. How successful are you in facilitating continuous improvement of […]
Reviewing the political or economic events in retrospect always gives the observer a privileged position. This is the point where Benoît Cœuré – a Member of the Executive Board of the European Central Bank – found himself at an interview last Monday. At some point he was asked if the ECB had suffocated Greece’s commercial […]
The European Commission has given unconditional approval last Friday to the proposed acquisition of Alcatel-Lucent by Nokia, under the EU Merger Regulation. The 15.6 billion-euro merger with the French-American global telecommunications equipment company was announced by Nokia around 1 pm, last Friday, and later on by the European Commission through an official press release. No competition […]
For a long time now the European Union is accused by the rest of the world for the severe austerity and recessionary economic policies it follows, also imposing them on crisis stricken euro area member states like Greece, Spain, Italy and Portugal. This is so despite the fact that the Eurozone economy as a whole […]
The first to travel to Tehran after the nuclear agreement was struck last week between Iran and the 5+1 (France, Russia, China, the United Kingdom, and the United States plus Germany) are the German Vice Chancellor Zigmar Gabriel and Laurent Fabius the French minister for Foreign Affairs. Understandably, French and German dignitaries are more welcomed […]
The European Union’s Interior Ministers convened last Monday on migration but didn’t come to the preferred outcome which was set by the EU leaders only one month ago, in June. Many EU member states opposed to the proposed, by the European Council (EC), distribution of the 40.000 asylum seekers coming from Greece and Italy within […]
The 10th round of the Transatlantic Trade and Investment Partnership (TTIP) negotiations between the European Union and the United States concluded last Friday in Brussels. The week of meetings and talks between US and EU negotiators came in a very delicate moment for the gigantic trade agreement, as EU Chief Negotiator Ignacio Garcia Bercero’s commented. A […]
Is Eurozone strengthened after the Greek deal? At first reading the answer is a straightforward ‘yes’ because the other option, the Grexit, the exit of the country from the euro area, would have reversed the theoretically irreversible participation in the monetary zone. According to the Treaties, on which the Economic and Monetary Union (EMU) of […]
This article is brought to you through the meticulous study of International Labour Organization as a source. The International Labour Organization and the European Investment Bank signed a Memorandum of Understanding to reinforce and expand cooperation between the two organizations in the field of employment and social affairs. Luxembourg (ILO News) – The Director-General of the International […]
On 9 July this newspaper predicted that the Greek Prime Minister Alexis Tsipras was adamant about keeping his country in the Eurozone. In order to do this the Sting foresaw that he was prepared not only to pay a dear price for a third bailout scheme (April 2010, June 2012 and July 2015) financed by […]
It was last month, on 25 June 2015, that the ETUC Youth Committee in collaboration with the European Youth Forum organised a rather stimulating conference at the European Economic and Social Committee called “Quality jobs creation for young people: what, how and when?” The Sting was there, attended the conference with interest and at the end made a […]
Last week, amid uncertainty driven by the Greek vote in the referendum, an important step towards Energy Union was taken. Fifteen EU and Energy Community countries signed a deal to accelerate the building of gas infrastructure, and so to reduce their long lasting reliance on Russia. Ministers from Ukraine and other fourteen countries, more than half […]
The Greek indecisiveness and procrastination and the deep division of the euro area countries, with Germany upholding an intransigent position have led to the humiliation of Athens, during the Saturday and Sunday late night meetings of the Eurogroup (the council of the 19 ministers of Eurozone) and the Eurosummit (the 19 heads of Eurozone state […]
The technical teams of the European institutions are now discussing the Greek proposal which was approved yesterday evening by SYRIZA’s governmental council and submitted to the institutions minutes before the deadline in order to have a final agreement at tomorrow’s Eurogroup. The fact that the Greek government has come up with a more professional and […]
Greece is obliged by today or the latest tomorrow Friday morning to submit to its Eurozone partners a new program with more severe austerity and deeper reforms, if the country wants to stay in the Eurozone. Alas, this is exactly the program the Greeks rejected last Sunday in a referendum. In case the Athens proposal […]
The worst moment in the history of Eurozone took place on 07 July 2015 in Brussels. The common currency union leaders decided that the moment has come to kick Greece out. Although nobody had the guts to officially announce it yesterday the leaders of the 18 Eurozone countries together with Juncker’s Commission made just yesterday […]
The European Union finally reached an agreement last week to end roaming charges for people travelling within its 28 member countries as of June 2017. After 12 hours of negotiation the Latvian presidency reached a provisional deal last Tuesday with the European Parliament on new rules to end mobile phone roaming fees and safeguard open […]
The imperative economic realities for the Greek Prime Minister Alexis Tsipras will not be altered noticeably after his crushing win in yesterday’s referendum. His ‘no’ (OXI in Greek) option marked an overwhelming victory meaning that the Greeks rejected the latest offer from the country’s creditors. To be reminded, during the past five months the Greek […]
Written by Alexandros Liakopoulos, liakalex@brightsightveritas.com If “follow the money” is the catchphrase of investigative reporting concerning corruption, bribes, abuses of authority, high-end scandals, and clear-cut criminal actions, “follow the power” should be its analogue when it comes to intelligence analysis and strategic patterns identification. Yet, even if “people should not be unfamiliar with strategy, for […]
Written by Alexandru Ene, Vice President of JADE I believe young people nowadays are being deceived: they see success in the form of smart oligarchs or gifted dropouts from famous American universities, and they think that these people have had the same state of mind as ever: They were calculated, courageous, open minded and lucky. […]
Alexis Tsipras, the Greek Prime Minister, his government and their depressed country are now in real dire straits. This is a much worse position than in any time during the last five years, a period in which Greece repeatedly faced total collapse and was rescued by a troika of creditors (the European Union, the European […]
The deadline of the 4-month extension that the Greek government had received on February 20 just expired today. However, the Greek government and particularly the Greek Prime Minister Alexis Tsipras on a last moment decision to return to the negotiating table sent a letter to the institutions only hours before the expiration of the bailout programme. […]
This week amidst the turbulent environment of the EU/Greek crisis, Brussels offered sufficient clues showing that the EU will face the Greek issue rapidly and will go on. China-EU investment relations are increasingly on the spotlight lately and this week culminated with the development of the 17th China-EU Summit and the 10th EU-China Business Summit and on side-events […]
