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Latest News

71% of EU citizens plan to vote in June elections

71% of EU citizens plan to vote in June elections 71% of EU citizens plan to vote in June elections
The latest Eurobarometer reveals a heightened awareness among EU citizens regarding the significance of the upcoming elections amidst escalating...
Read More...

Swiss Universities explore new democratic models with Citizen Council experiment

Swiss Universities explore new democratic models with Citizen Council experiment Swiss Universities explore new democratic models with Citizen Council experiment
  Switzerland's Universities of Zurich and Geneva are embarking on a pioneering initiative called the 'Citizen Council 2025' project starting...
Read More...

Western nations shine spotlight on Sudan's "forgotten crisis"

Western nations shine spotlight on Sudan's "forgotten crisis" Western nations shine spotlight on Sudan's "forgotten crisis"
  France is taking the lead by hosting a conference in Paris on Monday to shed light on the ongoing "forgotten crisis" in Sudan, which...
Read More...

Europe Between Two Wars: EU foreign policy in 2023

Europe Between Two Wars: EU foreign policy in 2023 Europe Between Two Wars: EU foreign policy in 2023
  Josep Borrell Fontelles, the EU High Representative for Foreign Affairs and Security Policy and Vice President of the European Commission,...
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European Parliament gives green light to controversial migration pact

European Parliament gives green light to controversial migration pact European Parliament gives green light to controversial migration pact
  On Wednesday, the European Parliament voted in favor of the migration pact, marking a significant milestone in EU migration policy. The...
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North Sea nations unite to counter Russian threats

North Sea nations unite to counter Russian threats North Sea nations unite to counter Russian threats
  Belgium, along with five other countries, is taking steps to enhance the security of cables, pipelines, and energy installations in the...
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Europe and US must stand together, says Nato chief Stoltenberg

Europe and US must stand together, says Nato chief Stoltenberg Europe and US must stand together, says Nato chief Stoltenberg
  Jens Stoltenberg, the secretary-general of Nato, emphasized the mutual reliance between Europe and the US, stating that they are "stronger...
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Foreign ministers convene in Brussels for NATO's 75th anniversary commemoration

Foreign ministers convene in Brussels for NATO's 75th anniversary commemoration Foreign ministers convene in Brussels for NATO's 75th anniversary commemoration
The foreign ministers representing NATO's 32 member states gathered in Brussels on Wednesday to commemorate the alliance's 75th anniversary....
Read More...

Germany to incorporate questions on Israel and Jews into citizenship test

 Germany to incorporate questions on Israel and Jews into citizenship test Germany to incorporate questions on Israel and Jews into citizenship test
In a proactive measure to combat antisemitism, Germany announces plans to include questions related to the Jewish religion and the State of...
Read More...

Navigating the modern landscape: EU policies and Jewish Community development

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On February 28, a presentation of the book by Dr. Oleg Kozerod titled "Modern EU Policy on Development and protection of Jewish communities:...
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Greece's Parliament was sworn in Wednesday (July 17) after July 7 elections that saw a broad conservative victory end over four years of leftist rule.

The six-party Parliament will officially begin its functions after electing a Speaker on Thursday.

New Prime Minister Kyriakos Mitsotakis' conservative government has made boosting sluggish growth a priority, powered by tax cuts and accompanied by privatisation deals.

The 51-year-old Harvard graduate and former McKinsey consultant has also pledged to create jobs and get rid of obstacles to business.

Mr Mitsotakis will outline his government's policies at the weekend before a vote of confidence late on Sunday.

His New Democracy party has 158 lawmakers in the 300-seat chamber.

The Greek debt agency said it had raised €2.5 billion (S$3.82 billion) in the sale, while the prime minister said the yield of 1.9 per cent was a "record low".

A previous seven-year sale in February 2018 had a yield of 3.5 per cent amid world market volatility.

Starting in 2020, Mr Mitsotakis has promised to cut a hated property tax called ENFIA - brought in by a previous New Democracy-led government during the economic crisis - by 30 per cent over two years.

REFORMS PACKAGE

He has also offered to reduce income tax thresholds and to gradually cut tax on business profits by 8 per cent.

But just hours after his July 7 victory, euro zone finance ministers warned the new government to stick to the country's strict public spending commitments.

"We must keep our commitments, this is the only way I know to gain credibility," said Eurogroup chief Mario Centeno.

On Tuesday, the euro zone's bailout fund director and a key EU official overseeing Greece's debt repayments, Mr Klaus Regling, suggested that tax cuts be coupled "with a broader tax base".

In a meeting with Regling later on Tuesday, Mr Mitsotakis "confirmed that Greece would respect fiscal targets", the prime minister's office said.

During the election campaign, Mr Mitsotakis said he would persuade Greece's creditors to accept the easing of targets with "a comprehensive reforms package".

The current framework negotiated with creditors by the previous leftist Syriza government holds Greece to a primary budget surplus of 3.5 per cent to 2022 - but the conservatives say that target stifles growth.

There are two fewer parties in Parliament than in the previous chamber, but two of them are new - Greek Solution, a nationalist party formed by TV salesman Kyriakos Velopoulos, and MeRA25, an anti-austerity party founded by maverick economist and Mr Tsipras's former finance minister Yanis Varoufakis.

"We are here to say a massive 'no' to whatever strengthens (Greece's debt burden)," Mr Varoufakis, whose party elected nine lawmakers, said before being sworn in on Wednesday.

In contrast, neo-Nazi party Golden Dawn was shut out of Parliament for the first time since 2012.

Golden Dawn, until recently Greece's third-ranking party, is in disarray amid an ongoing trial for the 2013 murder of an anti-fascist rapper, allegedly carried out with the knowledge of senior Golden Dawn members.afp

 

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