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Blog Summary
Nick Clegg: EU referendum a question of "when not if"
Daily Press Summary
Cameron to impose three-line whip in support of draft referendum Bill; 116 Conservative MPs vote for amendment regretting absence of EU referendum in Queen???s Speech
Blog Summary
EU Referendum Bill faces many hurdles
German growth too weak to lift eurozone from recession
The eurozone economy continues to shrink as Germany's economy grew by a meagre 0.1 percent in the past three months, while France slid back into recession, fresh Eurostat data show.
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Donors offer Mali over €3 billion in aid - with strings attached (News)
An EU-led donor conference agreed on Wednesday (15 May) to provide €3.25 billion to fund a sweeping development plan for Mali, but European donors made clear that the interim government must live up to its promises to democratic and social reforms in exchange for the international lifeline.
Back to the future with shale gas (Opinion)
Ever wondered how the shale gas debate might seem with the benefit of hindsight? So has Stefan Schleicher of the Austrian Institute of Economic Research in Vienna. He predicts that the real game-changer for gas will some from its integration into a low-carbon, Europe-wide energy system.
Why the World Needs a Stronger Europe (Opinion)
EU’s tarnished image as a community of nations is alarming. It is therefore essential to create the conditions for a better future in a post-crisis world, not only for Europeans but also for many other global citizens, writes Sinan Ülgen.
Commission probes big oil firms for possible price manipulation (News)
European authorities have raided offices of oil majors Shell, BP and Statoil in an investigation of suspected manipulation of oil prices, one of the biggest cross-border actions since the Libor rigging scandal.
EU ministers agree on overhaul of fishing rules (News)
European fisheries ministers have agreed to end decades of overfishing and ban throwing unwanted fish back into the sea to restore stocks to healthy levels by 2020.
EU businesses urge leaders to cut 'green tape' (News)
European companies’ competitiveness is hampered by unnecessary burdensome legislative instruments in climate, energy and environment and policymakers must rebalance industrial strategies towards manufacturing, BusinessEurope president Jürgen Thumann said in an interview with EurActiv. The European Business Summit (EBS) begins today (15 May).
Thumann: EU must cut green tape to boost industrial competitiveness (Interview)
European companies’ competitiveness is hampered by unnecessary burdensome legislative instruments in climate, energy and environment and policymakers must rebalance industrial strategies towards manufacturing, BusinessEurope President Jürgen Thumann said in an interview with EurActiv, as the European Business Summit (EBS) gets underway today (15 May).
[Ticker] Greek, Cypriot and Portuguese economies shrinking the fastest
The Greek (-5.3%), Cypriot (-4.1%) and Portuguese (-3.9%) economies are shrinking the fastest compared to last year, new European Commission figures show. Italy (-2.1%), Spain (-2%), Finland (-2%) and the Czech republic (-1.9%) are also suffering. France and Germany are relatively stable, while Poland and the UK posted minor growth.
[Ticker] Russian firms led pre-bail-in capital flight from Cyprus
Thirty four out of 129 firms which moved €1.9bn out of Cypriot banks before the EU bail-in were Russian, according to bank documents seen by Reuters. Several others are registered in tax havens, such as Glenridge Trading from the British Virgin Islands, which invests in Ukraine and pulled out €22.5mn.
Blog Summary
Cameron: Before the 2015 election, we will do everything we can to make an EU referendum the law
EU finance ministers draw blank on new tax law
EU considers withdrawal of 1 and 2 euro cent coins
The European Commission has tabled several scenarios for the withdrawal of the 1 and 2 euro cent coins, with the cost of printing these coins greater than their use.
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- France most pessimistic about Europe, survey shows
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