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G20 in Cannes, 3-4 November

On 3-4 November in the French resort of Cannes takes place the G20 summit - the global format, uniting as the most developed industrialised countries, so the quickest in catching up emerging markets. Although the Group was created in 1999 the first summit took place in 2008 because of the financial crisis, unleashed after the failure of Lehman Brothers. Since then, the leaders, as well as the finance ministers of the 20 most influential economies in the world, meet regularly in order to try and find a common solution to the continuing for a fourth year now problem - lack of sustainable economic growth of the global economy, lack of certainty and perspective.

A major issue at this year's forum will be the eurozone debt crisis, which has already started to bother all the big countries on all continents. euinside will follow the summit, which is preceded by a business summit B20, also in Cannes, where some of the leaders will also speak.

9 November 2011 13:41 G20 Is Looking for Its Profile in the Fight with the Crisis

G20 will remain an informal global format, the leaders of the group of the most influential economies in the world have decided after endorsing the global governance report of British PM David Cameron. After this decision it is absolutely logical to ask - what meaning then do the agreements of t ...

4 November 2011 17:54 Europe Is on Her Own, Is the Message of the G20

"I do not know how you are all feeling today [November 3] but I suspect that your mood more or less matches the weather in Cannes today: on the one hand, it is warm but at the same time it is raining, and there is a sense that things are not going as well as they could". This is what the Preside ...

3 November 2011 11:34 It Is Time for Greece to Decide: With or Without the Euro

Does Greece want to remain in the euro area - that is the question that the Greeks will have to answer at referendum, scheduled by Prime Minister George Papandreou. The plebiscite will take place around 4 December, and until then Greece will not receive the sixth tranche of 8 billion euros of it ...

7 November 2011 06:52 A National Unity Government in Athens

Greece will have a national unity government and George Papandreou will resign. This is the result of the negotiations between the two major parties, PASOK and New Democracy, which took place throughout the weekend. Papandreou has won a confidence vote in the early hours of Saturday but that was ...

3 November 2011 14:06 Dark Clouds over the Cote D'Azur

The G20 summit in the French resort of Cannes, famous with the annual gathering of showbiz stars, had to be a glorious moment for French President Nicolas Sarkozy, who is chairing the forum this year. The summit had to be the culmination of his two-year long efforts to play a leading role in the ...

1 November 2011 10:48 Byzantine Tricks Threaten the Survival of the Euro Area

16:00 In a joint statement the presidents of the European Council and the European Commission, Herman Van Rompuy and José Manuel Barroso, recalled the agreement from 26 october and stated: "We are convinced that this agreement is the best for Greece." Regarding to the intention of the Greek aut ...

 
free talk corner
Adelina Marini
The #migrant route toward Europe has shifted through the Western Balkans, The New York Times reports. The newspaper quotes Hungarian authorities, who claim the shift of migrant flows is due to some extent to the many drownings in the Mediterranean, to the more centralised policy of the EU as well as the tightening of visa regime in Middle East countries. Another reason is that Bulgaria has significantly tightened border control, as well as Iran. Between January and June 79,000 people crossed illegally from Turkey into Greece, according to Frontex. Some of them continued through Macedonia and Serbia to Hungary. NYT writes that the shift is already causing sharp rises of the anti-migrant sentiments in the Balkans and is boosting nationalist parties euinsi.de/udqK
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Adelina Marini
The #Greek parliament has approved the conditions the euro area demanded to be voted on before starting negotiations on a third bailout programme. In the early hours of Thursday the parliament in Athens voted the measures with 229 MPs supporting the prior actions, the Kathimerini newspaper reported. 64 members of the party of PM Alexis Tsipras, SYRIZA, voted against the package. All MPs from the coalition partner Independent Greeks supported the legislation. The newspaper commented that with such support the government has received a mandated to continue to govern. Now the Eurogroup has to give a mandate for a start of the negotiations on a third bailout programme. However, in some member states this needs parliamentary approval
16 July 2015 08:51
Adelina Marini
The #Eurogroup has re-elected Jeroen #Dijsselbloem as president
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Adelina Marini #Dijsselbloem: It won't be easy (the negotiations on the bridge financing)
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