Uncategorized

A collection of 174 posts

"EPPO" to Tamp Down on Europe-wide Corruption

"EPPO" to Tamp Down on Europe-wide Corruption

1 min read Uncategorized

As head of the new Luxembourg-based European Public Prosecutor’s Office (EPPO), Laura Codruta Kovesi is poised to lead a Europe-wide effort to curtail losses due to corruption, which she estimates amount to EUR 60 billion each year. From 2015-18, she led similar efforts in her native Romania, where she

Poverty, Basic Rights on Agenda of Porto Summit

Poverty, Basic Rights on Agenda of Porto Summit

1 min read Uncategorized

Welfare and unemployment are on the agenda in Porto, Portugal, where this weekend EU leaders are getting together for the first time in 5 months for a 2-day summit that started today. The leaders gathered in Portugal – minus German Chancellor Angela Merkel and the Netherlands’ prime minister Mark Rutte – will

Approval of Massive EU-China Investment Deal Unlikely

Approval of Massive EU-China Investment Deal Unlikely

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EU sanctions being in place against China, and vice versa, have doused the approval prospects for a massive investment deal between the two sides, says European trade commissioner Valdis Dombrovskis, who said the issue is not conducive for ratification. Observers point out the deterioration of the relations between Brussels and

EU Carbon Price Surpasses EUR 50 per Ton

EU Carbon Price Surpasses EUR 50 per Ton

On Tuesday, the benchmark EU Allowance (EUA) price for carbon hit EUR 50.05 /ton for the first time since it was introduced back in 2005. Analysts argue this is a sign that carbon prices will be at the price levels needed to trigger investments in innovative clean technologies. The

New Bridge Reduces Border Crossings in Croatia

New Bridge Reduces Border Crossings in Croatia

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Croatia’s prime minister says a soon-to-be constructed bridge ensures his country’s borders. Set for completion in October, the Pelješac Bridge, which is being built by the China Road and Bridge Corporation (CRBC), will allow travelers to go to the southern part of Croatia without having to cross a

Czech PM's Business Breaks Conflict of Interest Rules

Czech PM's Business Breaks Conflict of Interest Rules

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According to an audit by the European Commission, the Agrofert business empire of Czech prime minister, Andrej Babis, has broken conflict of interest rules through his control of company trust funds and could be forced to pay back EU subsidies it had received after 2017. A report by EU auditors