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Wednesday, October 17, 2018

European Economic Area

The new realism, an uncomfortable middle

Just recently, 16,000 gathered in Amsterdam for the International AIDS Conference—“AIDS2018.” Many leading figures painted a sobering picture: goals for global HIV/AIDS treatment and prevention goals are not likely to be attained, funding has declined, high-level political will is lacking, and there is the risk of a resurgent epidemic.

Greece begins a new chapter following the conclusion of its stability support programme

In total, €288.7 billion in loans have been provided to Greece since 2010. This includes €256.6 billion from its European partners and €32.1 billion from the International Monetary Fund (IMF).

What should the EU do about the Turkish currency crisis?

The Turkish lira has lost more than 30% of its value against the US dollar since the beginning of this year. After the political escalation of tensions between the US and Turkey and the increase in tariffs on some Turkish imports last week, the lira was temporarily in free fall.

Opposition to Nord Stream 2 makes no sense for America or Europe

President Donald Trump, his opponents in the United States, and his critics in Europe have found common cause: opposing the planned Nord Stream 2 pipeline that would transport Russian natural gas to Germany. All sides are in rare agreement, but they are all misguided in their own ways.
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Diving into the future of digital finance

56 coders from 15 countries in 12 teams took up the challenge: an innovative blockchain event set up for the first time at the EIB’s headquarters in Luxembourg. The 48-hour challenge: to use blockchain technologies to redesign the transaction processing of commercial paper.

Mimicking membership: London’s need for a new coalition-building strategy

New data show who in the EU is disappointed by the UK, and which common interests are worth fighting for pre-Brexit.

As Greece ends a decade of bailouts, problems linger for Europe

As Greece prepares to emerge from one of the region’s most wrenching economic periods, its creditors are drawing up plans to ensure it is never a problem for the rest of Europe again.

Eurogroup reaches agreement on European Stability Mechanism

Eurozone finance ministers (Eurogroup) reached an agreement in principle to widen the mission of the European Stability Mechanism (ESM) to assist banks as well as member states.

Euro-Muslims willing to embrace non-Muslims

A survey of Muslims in 15 European Union countries finds most are willing to embrace non-Muslims, but they often feel rebuffed by the majority populations of the places they live.

English not an official EU language anymore after Brexit

The Commission has already started using French and German more often in its external communications, as a symbolic move after Britain voted to leave the EU.

EU Commission aims move to reduce governments’ veto powers

The European Commission will propose measures that could reduce EU small states’ veto powers, a move meant to overcome resistance to tax reforms as the bloc aims to increase levies on digital multinationals.

French President Macron envisions an EU army in 2020

French President Emmanuel Macron has called for the EU to co-operate more closely on defence, immigration, tax and social policy, and for the single currency bloc to have its own budget.

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