Meet the man who drove from the Netherlands to Australia without visiting a gas station

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Senior Writer , Formative Content How far could you drive without gas? That’s the question answered by a 32-year-old Dutchman who drove from his home nation to Australia in an electric car. “For almost two years I […]

Netherlands: Budget MEPs back €1.2m in job-search aid for 450 redundant workers

This article is brought to you in association with the European Parliament. Following the dismissal of 1,324 workers in 20 banks in the affected regions, the most disadvantaged among them should receive EU aid worth €1,192,500 to help find new jobs. It is the first time that funds from the European Globalisation Adjustment Fund (EGF) would […]

This Netherlands football stadium creates its own energy and stores it in electric car batteries

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Rosamond Hutt, Formative Content A massive energy storage system that includes new and used electric vehicle (EV) batteries has just been switched on at Amsterdam’s Johan Cruijff Arena, the home of Dutch football club Ajax. It is capable […]

Starbucks and FIAT again under Commission’s microscope: is Europe ready to kick multinationals out of the house?

Some multinationals (MNEs) such as FIAT and Starbucks have been overdoing it in the EU for quite some time now. The case of tax investigation of the aforementioned companies on whether they have paid the correct amount of corporate income tax or not is ongoing for over a year now. The Commissioner responsible for Competition, Mrs […]

More taxpayers’ money for the banks

Within 24 hours, after the European Sting published on Thursday an article entitled, “Fair completion rules and the law of gravity don’t apply to banks”, and the responsible EU Commissioner Joaquín Almunia, Vice-President of the EC blessed as legitimate the rescue of the Dutch bank and insurance company SNS REAAL by the country’s exchequer with […]

Fair completion rules and the law of gravity don’t apply to banks

There is no end to EU Commission’s approvals of state aid and government bailouts of hundreds of EU struggling banks, as if the extensive fair competition legislation of the Union is valid for every other sector of the economy at the exception of banks. In the latest incident, the EU competition authorities actually looked the […]

What do Europeans believe about the crisis and the possible way out?

Despite the falling level of citizens’ confidence in EU institutions during the past few years from 55% in 2007 to 44% in 2012, a recent Eurobarometer survey found that respondents insist that the EU is best placed to regulate banks, with 54% of the respondents supporting this view. This is a direct proof that Europeans […]

Brazil: A strategic partner for the EU

Brazil is one of the largest democracies of the world, and the offshore oil findings of the past few years, have helped the country become not only self-sufficient in hydrocarbons but also draw millions of its people out of poverty. The country is grouped by OECD to the BRICs (Brazil, Russia, India, China), constituting the […]