European Parliament Called for Tax Coordination in EU for the Sake of Growth
Published: February 22, 2012 15:20, Adelina Marini, Sofia, 0
The European Parliament has approved last week three resolutions in response to the Annual Growth Survey 2012 (AGS), presented by the European Commission last fall. Aside from the general support for all highlighted by the Commission recommendations and criticism, the Parliament sent criticism of its ... more
Anti-Merkozy Front is Growing in EUPublished: February 22, 2012 12:21, Adelina Marini, Sofia, 0
In the past almost two years nearly every important EU summit was preceded by a mini summit between German Chancellor Angela Merkel and French President Nicolas Sarkozy. In fact, the summits between the leaders of France and Germany are a tradition from the very creation of the European Union because ... more
Greece Set on Artificial Respirationupdated: February 22, 2012 11:28, Ralitsa Kovacheva, Sofia, 0
Imagine a patient who needs a lifesaving surgery. Everyone is aware that even if the operation is successful the best the patient can hope for is to remain on mechanical ventilation. However, still alive.
Something like that has happened to Greece in the last 24 hours. After a 14-hour ... more
It Is Time China to Repay Europe for its SuccessPublished: February 21, 2012 10:30, Adelina Marini, Sofia, 0
Several relatively clear messages the European leaders - Herman Van Rompuy and Jose Manuel Barroso - conveyed during the EU-China summit in Beijing on February 14th and received several not less clear answers. Alas, neither the messages nor the answers are backed by concrete commitments, but given ... more
Bulgaria 2020: Transport, SMEs, Innovation and Educationupdated: February 20, 2012 15:09, Ralitsa Kovacheva, Sofia, 0
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Although there are still nearly two years remaining of the current seven-year EU budget, the debates on the next one are at their height. At this stage they are focused primarily on principal issues - on building the philosophy of ... more
Is the European Pensioner Coming?Published: February 20, 2012 11:05, Ralitsa Kovacheva, Sofia, 0
The number of pensioners in Europe will increase, but their pensions will be smaller. The number of workers will decrease and they will work more and longer. By 2060 there will only be two adults of working age for every pensioner. Currently the ratio is 4:1.
This gloomy outlook is outlined in the Green ... more
The "SarMerMonti" TrianglePublished: February 17, 2012 13:44, Adelina Marini, Sofia, 0
When Mario Monti took over the new technocratic government in Italy in mid-November 2011 I thought that this is a good Brusselsian move to install in a country of systemic importance (rescuing Italy from default would have been impossible with the available tools in the eurozone) a former servant of ... more
The European Parliament Wants Eurobonds As Soon As Possibleupdated: February 17, 2012 12:16, Ralitsa Kovacheva, Sofia, 0
The European Parliament has asked the European Commission to accelerate work on exploring the possibilities for Eurobonds. The Parliament has adopted a resolution demanding the European Commission to present a roadmap of necessary steps towards a common bond market. In November 2011 the European ... more
12 EU Countries under Enhanced Surveillance for Macroeconomic Imbalancesupdated: February 17, 2012 11:54, Ralitsa Kovacheva, Sofia, 0
Private sector indebtedness, house prices, faster wages growth compared to productivity, and loss of export market shares - these are the risky points for the European macroeconomic stability, according to its first common assessment. For the first time in its history the EU has started a macro-economic ... more