Thursday, March 24, 2011
Euro-plus paktum
Bejegyezte: Krissons dátum: 13:41 0 megjegyzés
Címkék: Bulgaria, Czech Republic, Denmark, EFSF, EMU, ESM, Euro-plus pact, Financial crises, Hungary, Internal Market, Lithuania, Poland, Romania, Sweden, United Kingdom
Monday, March 21, 2011
EU Nuclear Tests
Bejegyezte: Krissons dátum: 13:31 0 megjegyzés
Címkék: Energy, European Commission, Germany, Hungary, Presidency, Switzerland, Turkey
Monday, March 14, 2011
Eurozone agrees pact in principle
According to EU diplomats describing the heated exchange, as the Irish leader kept pressing for a reduction in the interest rate charged on the country's international loan, his French counterpart at one point reportedly snapped: "So we're supposed to give up millions and you're not even willing to talk about taxes?" Mr Sarkozy wants to see language referring to "distortive taxation rates" in a declaration by EU Council President Herman Van Rompuy following a eurozone summit in the European capital.
Dublin for its part, is looking for a one percent reduction on the 5.8 percent rate that is charged on the EU portion of an €85 billion joint EU-IMF loan. The rate is roughly three points higher than the bloc's borrowing costs, a 'margin' Brussels charges as a punitive measure to dissuade others from requesting a bail-out.But economists and Irish officials say the rate will make reducing Ireland's debt pile in the years to come impossible.
Beyond the scrap between Ireland and France's leaders, another EU diplomat told EUobserver all the leaders are "Pretty much at each others' throats. Once one leader raises one issue, it sparks an attack from another leader on another issue." "11 March was always going to be too early for them to reach any consensus."
A fresh, watered-down version of the proposals, renamed a 'pact for the euro', have now however in principle been agreed. Proposals from commission chief Jose Manuel Barroso and Van Rompuy reworking an earlier Franco-German 'Competitiveness Pact' had contained a laundry list of liberalising demands, including wage restraint across the eurozone; limiting public service spending; constitutional changes limiting government borrowing; raising retirement ages and moving away from labour-based taxation towards consumption-based taxation.
The new euro pact says that a constitutional 'debt brake' is just an example of what can be done; pension adjustments would be optional. 'Adjustment' rather than abolition of wage indexation would now be performed "where necessary".
Earlier demands "to enhance decentralisation in the bargaining process," have since been replaced with slightly more moderate wording that would see reforms to "adjust the wage-setting arrangements, notably the degree of centralisation in the bargaining process."
Leaders have also agreed that there will be a "structured discussion on tax policy" and a common co-ordinated tax base could be among the measures employed to improve the competitiveness of the EU in relation to its leading trade partners.
Countries remain far apart on the flexibility of how EU rescue mechanisms will operate, with no agreement yet on suggestions that both the EFSF and its permanent replacement from 2013, the European Stability Mechanism, be allowed to buy bonds itself as the ECB is currently doing, or let its loans be used for governments to buy debt back on primary or secondary markets, allowing a less disruptive form of restructuring to take place. There is also a proposal that the EFSF and ESM provide credit lines to troubled countries.
There was also no agreement on Friday on an expansion of the effective lending capacity of bail-out funds or on a series of six proposed directives on economic governance first put forward by the European Commission last September.
Non-euro EU states, such as Sweden, Denmark, the UK, and Poland, will be invited to join the pact at the European Council of 24-25 March
Greece wins eurozone concessions, Ireland rebuffed
Greece has won a reduction of 100 basis points - one percent - in the interest rate it pays on its €110 billion loan and an extension of the payment period from the current three and a half years to seven and a half. Ireland was offered a similar reduction, but the country's new prime minister said he could not accept the terms demanded.
Euobserver
Bejegyezte: Krissons dátum: 12:47 0 megjegyzés
Címkék: Competitivness, EFSF, ESM, Eurozone, Financial crises, France, Greece, Ireland
Az EP elfogadta Járóka javaslatát az uniós romastratégiáról
Az EP várakozásai szerint a dokumentum lesz az alapja annak a keretjogszabálynak, amelyet április elején tesz közzé az Európai Bizottság, és amely a később kidolgozandó nemzeti integrációs programok kerete lesz.
Ahhoz, hogy előrelépést tudjunk tenni, meg kell szabadulnunk a sztereotípiáktól, az általánosításoktól és előítéletektől. Tudatában kell lennünk annak, hogy a romák életfeltételei korántsem egyformák mindenütt” – mondta Balog Zoltán társadalmi felzárkóztatásért felelős államtitkár a március 8-i parlamenti plenáris vitában a Járóka-jelentés kapcsán, melyet nagy többséggel fogadtak el az Európai Parlament képviselői tegnap (2011. március 9.).
A vitában Hannes Swoboda, a Szocialisták és Demokraták Progresszív Szövetsége (S&D) Európai Parlamenti Képviselőcsoportjának alelnöke is üdvözölte a jelentést. „A magyar elnökség biztos lehet abban, hogy ez a magyar elnökség egyik sikere lehet” – mondta, és hozzátette, hogy az S&D frakció visszavonja alternatív indítványát és támogatja a Járóka-jelentést.
A megszavazott parlamenti állásfoglalás javaslatokat fogalmaz meg a jövendő uniós romastratégia szerkezetére. A képviselők zöme a tervezet vitájában úgy vélekedett, hogy nem egyszerűen csak európai keretet kellene adni a tagállamok különböző romaintegrációs stratégiáinak, ahogy a Bizottság elképzeli, hanem egy egységes és önálló, bizonyos elemeiben kötelező erejű stratégiát létrehozni.
Link
Bejegyezte: Krissons dátum: 11:04 0 megjegyzés
Címkék: EPP-ED, European Parliament, Hungary, Justice and Home Affairs, S. and D.
Monday, March 7, 2011
Estonians re-elect their government
Bejegyezte: Krissons dátum: 16:17 0 megjegyzés
Címkék: Estonia
Tuesday, March 1, 2011
Informal Meeting of EU Defence Ministers
Inexpensive but efficient defence
Long-term planning calls for broader cooperation in the EU’s common security and defence policy. The defence ministers discussed this and similar issues. Member states backed the principle of pooling and sharing defence capabilities, which could be an innovative solution to improve efficiency while cutting cost.
The EU has already discussed the issue at several forums, most recently, at an expert conference, which was organised by the Hungarian Presidency in Budapest. Addressing the informal meeting in Gödöllő, Catherine Ashton said the EU will look at ways to fine-tune pooling and sharing, based on member states’ needs.
The pooling and sharing of defence capabilities are different types of defence cooperation where military capabilities are developed or maintained together or one country specializes herself in a capability area. The Hungarian Presidency’s goal is to popularise this innovative use of capabilities among member states in this semester. This was a major subject at the informal meeting of defence directors in Budapest, at the end of January 2011, and the Presidency proposed it to be a topic at the Meeting of Defence Ministers in Gödöllő, in late February.
Mr Hende said, “Hungary is in a special situation, as the Presidency must carry out its tasks in the new institutional environment created by the Lisbon Treaty. Therefore Budapest is holding an irregular, “supportive presidency”, carrying out its duties not in competition with the High Representative of the Union for Foreign Affairs, and Security but with her guidance.”
The speakers agreed that the pooling and sharing method is the main theme of current European defence policy, but Nick Witney, former chief executive of EDA, said, “member states cannot afford to stop developing their military forces due to the economic crisis, and lack of interest. According to the expert, this will inevitably lead to Europe’s loss of significance in global politics.”
http://www.eu2011.hu/news/presidency-aims-more-efficient-organisation-eu-military-capabilities
Bejegyezte: Krissons dátum: 13:53 0 megjegyzés
Címkék: CFSP, Defence, EDA, ESDP, High Representative, Hungary, NATO
New Irish government
Counting will continue in a number of outstanding constituencies on Monday (28 February), with 154 places in the Ireland's 166-seat parliament filled so far: 70 Fine Gael, 36 Labour, 18 Fianna Fail, 13 Sinn Fein, five United Left Alliance and 12 others.
Fianna Fail, which means "soldiers of destiny" in Irish, has governed Ireland for three of every four years over the past eight decades. But voters in Friday's elections took an axe to the party's standing after it presided over the worst economic crash in the state's history. The Green junior coalition party was completely wiped out, losing all six of the party's seats.
Incoming Fine Gael leader Enda Kenny who is set to become prime minister called the vote a "democratic revolution". His party, which is likely to fall six seats short of an overall majority, is predicted to form a coalition government with the centre-left Labour party, which enjoyed its best ever election results. A combination with Independent MPs is also a possibility.
Independent Senator Shane Ross who topped the poll in the Dublin South constituency said his strong support, the rise of a centre-left party and the collapse of Fianna Fail amounted to an "end of tribal politics in Ireland". Born out of Ireland's 1922-23 civil war, the conservative Fianna Fail and Fine Gael parties have dominated the country's political sphere since that date, reducing the importance of the left-right divide typically seen in other European countries.
The new Irish parliament is set to convene for the first time on 9 March, two days before eurozone leaders meet in Brussels to debate ways to reform the bloc's emergency lending fund.
An overhaul of the club's budgetary rules is also on the agenda, as are plans to boost the economic competitiveness of individual member states. Mr Kenny has indicated he will seek a reduction in Ireland's borrowing rate, together with compulsory "haircuts" on unguaranteed senior bank debt, as part of the overall package.
Germany has been a driving force behind the high interest rate attached to EU loans as a means of dissuading potential borrowers, but economists argue that the punitive rate and Ireland's low growth prospects mean the country's debt pile can only go up in the coming years.
Berlin is expected to request something in return from Dublin if it agrees to improved lending terms. Plans for increased eurozone competitiveness, currently being drafted by the staff of European Commission President Jose Manuel Barroso and European Council President Herman Van Rompuy, contain calls for member states to include a 'debt brake' but no provisions on increasing corporate taxation, reports the Financial Times.Ireland has so far resisted Franco-German calls to increase its 12.5 corporation tax, arguing it is key to the country's economic recovery.
Euobserver
Bejegyezte: Krissons dátum: 13:28 0 megjegyzés
Címkék: European Commission, Financial crises, Germany, Ireland