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The draft of the fiscal pact of the EU is beginning to resemble something final, judging from the fourth draft, which leaked late on Thursday in British daily The Telegraph. If the previous three times the text changed starting with the title and going through changes of the subtitles, now the main title ... more

The European Parliament organised a debate on the situation in Hungary - a necessary and timely debate, given that the problems of the country occupy the front pages of European newspapers, and a day earlier the European Commission has launched three infringement procedures against Budapest. Moreover ... more

These days the people in Tunisia are again in the streets. This time for a celebration: the first anniversary since the fall of dictator Ben Ali. One year ago street vendor Mohamed Bouazizi set himself on fire and triggered a powerful wave of protest started in North Africa that reached ... more

We express doubts regarding the need for such an intergovernmental agreement, most of the main objectives of which could be better and more effectively achieved by means of measures under EU law, MEPs said in a resolution on the treaty on the enhanced economic union, which is currently being prepared ... more

The European Commission has launched three accelerated infringement procedures against Hungary because of the new legislation that came into force at the beginning of the year under Hungary's new constitution. According to the Commission, the Hungarian legislation "conflicts with EU law by putting ... more

On Thursday there will be another, fourth version of the text of the intergovernmental treaty for enhanced economic and monetary union, the so called Fiscal Pact, which is expected to be signed by 26 EU member states. A day earlier the European Parliament is to adopt a resolution on the matter, which ... more

The absence, and lately the availability, of Bulgarian positions on key for the European Union issues, does not evoke almost any interest in Bulgaria's society and among the very few people that manifest curiosity on the issue in Bulgaria they evoke mainly perplexity. Such is the case with the fiscal ... more

Standard & Poor's (S&P) downgraded 9 euro area countries, as the credit rating agency (CRA) gave to 14 countries a negative outlook, which means a further downgrade is possible. The ratings of Spain, Italy, Portugal and Cyprus were lowered by two notches. France and Austria lost their highest ... more

Not respecting the fundamental rights and media freedom, as well as not solving the Cyprus issue are the main obstacles to Turkey's progress in its negotiations for full EU membership. This was clearly shown during the debate in the Committee on Foreign Affairs in the European Parliament on the report ... more

Frans Timmermans is a member of the Dutch Parliament and spokesman on foreign policy of the Labour Party group. Previously he was Secretary for European Affairs in the coalition government of Jan Peter Balkenende (2007-2010). He is also an University professor and a lawyer. Mr Timmermans is running ... more

Should the European Union introduce a common consolidated corporate tax base (CCCTB)? This issue has been discussed for years but only last spring the European Commission has come up with a concrete proposal. Although in 2011 it was overshadowed by the debt crisis, the proposal is already being discussed ... more