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Tag Archives: European Commission

European Commission will set out plan to tackle air traffic control strikes

The European commission is expected to act to reduce the impact of air traffic control strikes, which have disrupted thousands of flights in recent years, with British holidaymakers often badly affected.  Airlines are expecting Brussels to call on member states this week to protect international flights passing over its airspace …

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Commission’s vision for Eurozone integration: a Finance Minister, a Fund and “eurobonds”

The European Commission presented on Wednesday (31 May) its proposal to “move forward” on eurozone integration with a treasury, a finance minister and several instruments to make the financial sector less vulnerable to crises. incl the issuing  of “eurobonds” that are proposed as “safe asset”. The Commission document calls on …

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EU cuts Greece growth forecast, blames the country for review delay

The European Union has sharply cut the growth forecast for Greece on Thursday, sparking worries that the long delay in the second review of the third bailout program was damaging the economy. European lenders are in a row the International Monetary Fund over the sustainability of the Greek debt. The …

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IMF demands €450mn austerity cuts in unemployment, poverty allowances for 2018

The austerity nightmare has no end. Despite the fact that the International Monetary Fund has only an adviser role in the third bailout program, it keeps pushing and pushing for cuts and more cuts without end. It wants cuts in unemployment allowance – currently at 360 euro. Cuts in poverty …

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EU Commission confirms Greece’s primary surplus 2016 well above target

Greece’s primary surplus was 4.2 percent of gross domestic product (GDP) last year, significantly above the target set for Athens under its bailout program, the European Commission said on Monday. “The mission is returning to Athens today with the objective of concluding a sub-level agreement as soon as possible on …

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EU Commission found THE solution: Migrants will remain on Greek islands “as much as possible”

Fianlly! The European Commission found a solution for the Migration crisis in Greece and the Greek islands. During a press conference on Tuesday, the EC coordinating spokesperson, Natasha Bertaud, revealed the well-hidden plans: EU Commission spo Bertaud says migrants will remain on islands "as much as possible" #Greece #Lesvos pic.twitter.com/Vtj2MsxeKK …

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Putin criticizes EU & EC, one day before his visit to Greece

One day before his visit to Greece, Russian President Vladimir Putin shared his thoughts about Greek-Russian relations and sharply criticized Europe and the European Commission. In an open letter sent to daily Kathimerini, Putin also expressed strong interest in Privatizations, especially in TRAINOSE and the Port of Thessaloniki. Hailing Greece …

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