Latest News

Migration situation on the Canary Islands: committee debate

Migration situation on the Canary Islands: committee debate Migration situation on the Canary Islands: committee debate
Today, MEPs will assess the situation on the Canary Islands, following the surge in migrants’ arrivals in the last months and the limited...
Read More...

EPP Group to lead standing Frontex Scrutiny Group

EPP Group to lead standing Frontex Scrutiny Group EPP Group to lead standing Frontex Scrutiny Group
The European Border and Coast Guard, Frontex, is growing rapidly, both in budget, human resources and competences, with the standing corps...
Read More...

Renew Europe MEPs #StandWithBelarus

Renew Europe MEPs #StandWithBelarus Renew Europe MEPs #StandWithBelarus
  Today, on the International Day of Solidarity with Belarus, the Renew Europe Group in the European Parliament expresses its support to...
Read More...

Borrell’s Moscow trip does not help Navalny

Borrell’s Moscow trip does not help Navalny Borrell’s Moscow trip does not help Navalny
  The EPP Group in the European Parliament heavily criticizes Josep Borrell, the EU's High Representative for Foreign Affairs and Security...
Read More...

'We do not fully understand the prospects for the end of the war in Donbas...'- Dr Kozerod

'We do not fully understand the prospects for the end of the war in Donbas...'- Dr Kozerod 'We do not fully understand the prospects for the end of the war in Donbas...'- Dr Kozerod
  We do not fully understand the prospects for the end of the war in Donbas between Russia and Ukraine to launch Nord Stream-2. The war...
Read More...

EPPO: consequences must follow for Portuguese Government

EPPO: consequences must follow for Portuguese Government EPPO: consequences must follow for Portuguese Government
  Consequences must follow for the Portuguese Government's role in the improper appointment of the Portuguese Prosecutor to the European...
Read More...

'Democracy in the Union is progressing'-Pascal Durand

'Democracy in the Union is progressing'-Pascal Durand 'Democracy in the Union is progressing'-Pascal Durand
Renew Europe welcomes the adoption of Pascal Durand's report assessing the 2019 European elections. This report also allows us to look ahead...
Read More...

Must Read

Most Popular Stories

VIDEO AND audio news:

Features, views, analysis

business

Latest News

Migration situation on the Canary Islands: committee debate

Migration situation on the Canary Islands: committee debate Migration situation on the Canary Islands: committee debate
Today, MEPs will assess the situation on the Canary Islands, following the surge in migrants’ arrivals in the last months and the limited...
Read More...

EPP Group to lead standing Frontex Scrutiny Group

EPP Group to lead standing Frontex Scrutiny Group EPP Group to lead standing Frontex Scrutiny Group
The European Border and Coast Guard, Frontex, is growing rapidly, both in budget, human resources and competences, with the standing corps...
Read More...

Renew Europe MEPs #StandWithBelarus

Renew Europe MEPs #StandWithBelarus Renew Europe MEPs #StandWithBelarus
  Today, on the International Day of Solidarity with Belarus, the Renew Europe Group in the European Parliament expresses its support to...
Read More...

Borrell’s Moscow trip does not help Navalny

Borrell’s Moscow trip does not help Navalny Borrell’s Moscow trip does not help Navalny
  The EPP Group in the European Parliament heavily criticizes Josep Borrell, the EU's High Representative for Foreign Affairs and Security...
Read More...

'We do not fully understand the prospects for the end of the war in Donbas...'- Dr Kozerod

'We do not fully understand the prospects for the end of the war in Donbas...'- Dr Kozerod 'We do not fully understand the prospects for the end of the war in Donbas...'- Dr Kozerod
  We do not fully understand the prospects for the end of the war in Donbas between Russia and Ukraine to launch Nord Stream-2. The war...
Read More...

EPPO: consequences must follow for Portuguese Government

EPPO: consequences must follow for Portuguese Government EPPO: consequences must follow for Portuguese Government
  Consequences must follow for the Portuguese Government's role in the improper appointment of the Portuguese Prosecutor to the European...
Read More...

'Democracy in the Union is progressing'-Pascal Durand

'Democracy in the Union is progressing'-Pascal Durand 'Democracy in the Union is progressing'-Pascal Durand
Renew Europe welcomes the adoption of Pascal Durand's report assessing the 2019 European elections. This report also allows us to look ahead...
Read More...

Must Read

Most Popular Stories

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

 

deneme