The EU and North Korea: A Story of Underestimation

By pieter.baert91@gmail.com THE 2013-CRISIS While North and South Korea are slowly reaching agreement on the reopening of the Kaesong industrial region, the world seems to have already forgotten how tense the situation has been on the Korean peninsula in the first half of 2013. The Korean crisis initially started with a nuclear weapon test on the […]

Why the euro may rise with the dollar even at lower interest rates

Goldman Sachs, the US financial giant, may be right in predicting more expensive euro parities with the American dollar around 1.37 within six months, largely higher than the current levels of 1.28-1.30.  The European Sting has been pointing for a long time to Eurozone’s foreign account surpluses and the standard inflows of investments into the […]

European Business Summit 2013: Where Business and Politics shape the future

The time of the year for possibly the biggest and more prestigious event in Brussels came and the European Sting was present to cover it. Last Wednesday the 15th and Thursday the 16th of May the top European leaders gathered at Autoworld, only a breath’s distance from Berlaymont where the headquarters of the European Commission are based. […]

The revenge of the fallen

By moraitis@gmx.com Since the breakout of the economic crisis, a lot has been written about austerity measures and their implications for the overindepted countries. While most of the focus is continuously laid on the economic parameters, the politico-social consequences that were triggered by the crisis have been neglected. One of the most notable, yet often overseen, […]

Earthquake: Monte Dei Paschi Di Siena

By enzaspera@yahoo.it What happens to Siena in these days when there will be a short general election and at the same time c ‘was the scandal of the Monte dei Paschi. After the phase of fierce criticism of the exchange of accusations of “who was” and “I l ‘I said,” a slice of the citizens […]

Basel III rules relaxed: Banks got it all but become more prone to crisis

The European Commission through the most competent lips of its member, Michel Barnier, responsible for Internal Market and Services rushed to endorse the new unbelievably generous concession to banks all over the developed world. This time it was the Group of Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on […]

European Investment Bank to borrow €70 billion in 2013

The European Investment Bank (EIB) is one of the long-term lending institutions of the European Union and it is owned by its Member States. It makes long-term finance available for sound investments in the real economy, in order to contribute towards EU policy goals. Its creditworthiness measures almost exactly the degree of trust that financial […]

2013, a Political Odyssey: What future for Italy?

By carlo_motta85@yahoo.it As the economic crisis that affects the Eurozone, and probably all the western countries, keeps taking its toll, one feature of the whole situation seems to represent the real threat for Europe’s integrity: the growing distance between the “northern”, and the “southern” countries. This, which may appear as the same old story of differences […]

A very good morning in European markets

Despite the fact that the American Congress endorsed the agreement needed for the US to avoid the “fiscal cliff”, the dollar didn’t seem to recover and continued on its mild downward tendency with the euro, a path that started three weeks ago, with the finalisation of Greek package. In the US the agreement negotiated between […]

Five years down the drain

By am2072@bath.ac.uk After 5 years in recession no one can see light in the end of the tunnel. The European Monetary Union, as the big step for further integration among countries in Europe it seems to be a failure. Differences between the weak north countries and the south Europe are even bigger after the introduction […]

The Sting’s Mission

The European Sting is a new Media Project that was born out of frustration, our sincere frustration about the lack of insightful and independent news service in Europe. The Sting was born as an idea by people who are working or have worked in the media arena of EU affairs and our common denominator is […]

The Sting’s Values

These are the five perennial values of the European Sting: Strong         we will never stop looking for the truth Tolerant         we commit to a free and respectful dialogue with political and cultural tolerance Independent         we are literally on our own Neutral     […]

The Sting’s Team

Dennis is the Founder and Editor-in-Chief of ‘The European Sting’. Before that he was the Editor-in-Chief of New Europe weekly newspaper, based also in Brussels where he worked for two years. Until June 2010 he was the managing editor of Naftemporiki, the Greek economic and business daily, where he worked for fifteen years. In the middle 1980s he started […]

iSting: Change Europe with your Writing

Dear aspirant Sting writers, Thanks for responding positively to our invitation to take part with your articles, in making Europe a better place through constructive criticism. This is a different kind of writing, than your comments on published stories. I hope that being readers of the Sting, you have understood already the basic principles of […]

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