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Spring European Council 2012

The Spring European Council this year will take place on March 1-2. During the summit the leaders of the 27 member states will discuss the results from the first measures, agreed precisely one year ago for tightening the economic governance of the EU - the European Semester and the Euro Plus Pact. As the tradition goes for the spring summits, the leaders will discuss the Annual Growth Survey 2012 (AGS2012), presented by the Commission earlier than usual - in November 2011. Special focus at this summit will be put on (as in January) on the measures the member states have to undertake to promote growth and to tackle unemployment.

Another important topic, which the European Council is expected to discuss is Serbia's readiness to receive a candidate status. Belgrade expected this to happen in December last year but then there was no agreement among the 27 and the decision has been postponed for the spring under the condition that Serbia would continue its dialogue with Kosovo.

7 March 2012 11:04 The New Passenger on the Train to Brussels

Some people do not know anything about it, while others have slightly forgotten the fact that former Yugoslavia had a partnership agreement with the EU back in 1980 and that in June 1999 the European Commission offered measures, aimed at improving the relations between them, but as the country f ...

6 March 2012 11:34 Schengen - The Denouement is Yet to Be Seen

Another episode of Bulgaria`s and Romania`s Schengen saga did not bring the long-awaited denouement, but produced a very important question. Maybe this will be at the heart of the intrigue, but for now the playwrights keep silence. In fact, the Schengen issue appeared quite unexpectedly on the a ...

2 March 2012 16:24 Herman Van Rompuy - President of the EU and the Eurozone

When Herman Van Rompuy was elected to take the just created with the Lisbon Treaty position of a President of the European Council, I was disappointed. At that time the EU needed a strong leader, in harmony of the economic might of the Union and its growing role on global stage. Alas, the pyrami ...

2 March 2012 09:44 Ireland - a Messenger of Spring in the EU

If all countries with troubles were like Ireland, probably the bailout programmes, the increasing of the size of eurozone rescue funds, as well as the meetings of the Eurogroup, would not have been in the headlines almost everyday. Against the backdrop of the growing frequent messages of the EU ...

1 March 2012 17:45 Juncker: Greece Needs a EU Growth Commissioner

"Mr Juncker, you are one of the few European politicians who can speak clearly and tell the truth." These words belong to Jean Paul Gauzes MEP (EPP, France), but I think many would agree with him. Luxembourg Prime Minister and Eurogroup President Jean-Claude Juncker is one of the most influentia ...

6 March 2012 17:09 Germany`s Awkward Leadership

Since the debt crisis unleashed in the euro area two years ago, all dilemmas, related to solving it (economic, political and even philosophical ones), eventually were reduced to a simple question - does Germany agree? "For nearly 70 years, Germany's grand national ambition has basically been not ...

6 March 2012 11:10 And Why, Dammit, Aren't You Growing?

On October 9th, 2010, The Economist came out with a very moving cover, roughly calling for economic growth: "Grow, dammit, grow!" It is time that such an appeal is conveyed to the EU, because the magazine's cover actually was the basis of a special 18-page report about the world economy situatio ...

2 March 2012 13:38 European Parliament: Give Us Back the Rights You Took Away from National Parliaments

For the first time in the last two years we have a 'normal' summit, which in itself is a breakthrough, because it allowed us to focus calmly on the problems. This is how Martin Schulz, President of the European Parliament, assessed the Spring European Council on 1 and 2 March. He, however, manag ...

2 March 2012 07:58 The Eurogroup Decided to Allocate Half of the Second Greek Loan

After failing to meet the conditions of its creditors during the last two years, now Greece has managed to do so only in a few days, faced with the real imminence of a default. Apparently everyone have drawn the necessary lessons. Greece - that there is no free lunch, and the creditors - that mo ...

1 March 2012 12:00 The European Leaders Revive the Euro Plus Pact

The menu for the working dinner of the EU leaders, gathered for their regular spring meeting in Brussels, includes the European semester as main course, garnished with the Euro Plus Pact and a little bit of Schengen and Serbia for dessert. Economic and fiscal convergence, however, is the natural ...

 
free talk corner
Adelina Marini
#Croatian daily Vecernji list reports that a solution has been found to the problem with the opening of chapter 23 in the negotiations with #Serbia. That there is a political agreement yesterday reported EU commissioner Johannes Hahn (Austria, EPP). With the solution all Croatian demands have been met - not to apply the law on universal jurisdiction in the processing of war crimes, full cooperation with the Hague tribunal and respect for national minorities following the international standards. This is still to be confirmed officially by all sides euinsi.de/N2Cl
27 May 2016 13:21
Adelina Marini
On the occasion of his visit today in #Greece #Russia President Vladimir #Putin has published in the English-language Kathimerini daily a detailed op-ed where he makes, as it seems, an 'indecent proposal' to the EU: "I am convinced we should draw appropriate conclusions from the events in Ukraine and proceed to establishing, in the vast space stretching between the Atlantic and Pacific oceans, a zone of economic and humanitarian cooperation based on the architecture of equal and indivisible security". The text does not make it clear whether Mr Putin is proposing the EU and Russia to distribute in a Crimean way the territories in this "vast space" or he means everyone to forget the Ukrainian developments for the sake of mutually beneficial economic cooperation. Further on in the op-ed the Russian president reminds Europe that it is facing a growing competition from "other power centres in the contemporary world" pointing to the Pacific region where the US has strong interests. You can read the entire article here euinsi.de/XIBw
27 May 2016 10:17
Adelina Marini
The #IMF has published its debt sustainability report on #Greece with new projections and proposals ahead of the key #Eurogroup meeting today which is expected to bridge the differences with the euro area on the restructuring of the Greek debt. According to the IMF, the proposed by the Eurogroup measures, like extension of maturities and payment deferrals would not be sufficient, therefore it is proposing also fixing interest rates. These three measures combined would reduce the Greek debt by 53% of GDP by 2040, the Fund believes. You can read the entire report here euinsi.de/Pwwo
24 May 2016 08:38
Adelina Marini #Greece The fact that the #Eurogroup ended early this morning is suggesting there is an agreement. And there is - both on the next tranche and the debt reduction which ensures IMF will be on board with the funding. Details on the agreement can be read here in the statement after the meeting euinsi.de/ZR0U
25 May 2016 07:53
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