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Updated: 4 hours 14 min ago

[Ticker] Grillo movement closes in on Italian PM's party: poll

24 April, 2014 - 10:06
Beppe Grillo's anti-establishment movement is closing the gap on Prime Minister Matteo Renzi in Italy’s EU election campaign. According to the Ixe institute, Renzi’s Democratic Party leads with 32.8 percent against 27.4 percent for Grillo’s Five Star Movement, while Silvio Berlusconi’s Forza Italia is on 17.5 percent.


Complex rules make EU vulnerable to corruption, says report

24 April, 2014 - 09:56
Complacency and complex rules makes the EU's own institutions vulnerable to corruption and conflicts of interest, a report by a leading transparency NGO has found.


[Ticker] Scottish choice of monetary system crucial, says ratings agency

24 April, 2014 - 08:37
A report from ratings agency Standard & Poor's has put the strength of Scottish banks into question, should Scotland vote to end its union with England in September. The absence of an effective deposit guarantee scheme could see a flight of Scotland's banks across the border, it said.


[EU Elections] Anti-euro talk spreads in Italy

24 April, 2014 - 08:28
Leaving the euro – once a political taboo – is routinely discussed by Italian media, as the campaign for next month's European Parliament elections gets into full swing.


[Ticker] Russia invites EU for gas talks

24 April, 2014 - 08:17
Russian Energy Minister Alexander Novak has invited EU Energy Commissioner Guenther Oettinger to Moscow on Monday to discuss the Ukrainian gas issue, ITAR-TASS reports. Earlier this week Ukrainian leader Arseniy Yatsenyuk said he will discuss "maintenance and modernisation of Ukraine’s gas transportation system" with American and European investors.


[Ticker] Juncker promises fair deal for Britain

24 April, 2014 - 08:14
"I will work for a fair deal with Britain," Jean-Claude Juncker, the centre-right's European Commission president candidate has said, Reuters reports. "Britain has to accept that we want to strengthen the eurozone by adding new powers, I wouldn't say to Brussels, but to the euro area," he added.


[Ticker] Deutsche Bank under pressure to raise capital

24 April, 2014 - 08:13
Germany's biggest bank Deutsche Bank may need to rise capital to meet stricter rules when the eurozone-wide health check of banks begin in November, reports the Financial Times. Other banks, including Barclays and Credit Suisse, have already been forced by local regulators to accelerate plans to raise capital.


[Ticker] Thousands of expats leave Spain

24 April, 2014 - 08:13
New figures from the Spanish National Institute of Statistics (INE) show total 313,446 EU residents left the country in 2013. Almost one in three leaving Spain (87.880) were Britons, while the second largest group (74.745) were Romanians. The only nationality to increase their presence in Spain were the Chinese.


Turkish PM offers 'condolences' to Armenia over WWI killings

24 April, 2014 - 08:12
Turkish Prime Minister Recep Tayyip Erdogan on Wednesday offered condolences to the grandchildren of Armenians killed by Ottoman leaders one hundred years ago during World War 1.


[Ticker] Portuguese bond yield falls to record low

24 April, 2014 - 08:11
Portuguese bond yields fell to a record low 3.57% Wednesday when Lisbon issued €750m of 10-year bonds at its first regular debt auction since the 2011 bailout. PM Pedro Passos Coelho said the auction signals “strong confidence about the future”. Portugal's bailout programme is due to end on 17 May.


Greek records first surplus as EU moves closer to balanced budgets

23 April, 2014 - 16:38
Cash-strapped Greece recorded its first primary budget surplus in a generation last year, according to data released by Eurostat on Wednesday.


[Ticker] Eurozone deficit rates fall within 3 percent EU limit

23 April, 2014 - 16:31
The average eurozone budget deficit fell from 3.7% in 2012 to 3.0% in 2013, and in the EU28 from 3.9% to 3.3%, according to figures released by Eurostat Wednesday. Luxembourg and Germany recorded balanced budgets, while sixteen countries were within the 3 percent limit in the bloc's stability pact.


[Ticker] Schultz most tweeted commission candidate in April

23 April, 2014 - 16:30
In the race to become European Commission president, Martin Schulz (S&D) was the most tweeted candidate with over 37,000 mentions in the period 8-22 April , data from TNS opinion show. Guy Verhofstadt (ALDE) was ranked number two while Jean-Claude Juncker (EPP) was not in the top 3 ranking.


[Opinion] EU and Ukraine: too busy to protect gay rights?

23 April, 2014 - 13:14
The new Ukrainian government has just made a u-turn on protecting gay rights and the European Commission is playing along.


[Ticker] UKIP's poll ratings unaffected by bad press

23 April, 2014 - 09:39
UKIP's recent bad headlines, featuring adultery allegations and dubious expense claims, have not affected its poll ratings. A weekend poll put Labour top on 30 percent, UKIP - a eurosceptic party - second on 27 percent, and the Conservatives third on 22 percent. The Liberal Democrats polled just eight percent.


[EU Elections] EU elections may strengthen Putin in Europe

23 April, 2014 - 08:29
Far-right parties are set to do well in next month’s elections to the European Parliament, a fact that has thrown a spotlight on their links with the Kremlin.


Italian right calls for end to migrant rescue programme

23 April, 2014 - 08:29
Italian right-wing politicians have called for the country's programme to rescue North African refugees from the Mediterranean sea to be scrapped after figures suggested that 1,100 immigrants had been rescued in the past two days.


US to send 600 troops to Baltics, Poland amid Ukraine tensions

23 April, 2014 - 08:16
The US Tuesday announced it is sending hundreds of troops for military exercises to four countries in Eastern Europe to assure them of its commitment to the region's defence amid ongoing tension in Ukraine.


[Ticker] Wilders' right-hand man resigns

23 April, 2014 - 08:15
Populist politician Geert Wilders has lost his right-hand man Stephan Jansen who quit the PVV party because he was upset over its political strategy, reports De Volkskrant. In a letter, Jansen specifically mentions the chant "fewer Moroccans" that Wilders elicited from a crowd recently as a reason for his departure.


[EU Elections] Students should vote for pro-Erasmus MEPs

23 April, 2014 - 08:03
Students in the EU who love Erasmus should vote twice: once for their party, and once for the MEPs in their party who support the exchange scheme.