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Keyword: luxembourg

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  • EU Finance Ministers Debate New-Look Euro: Weigh Mixed-Bad Economic Outlook

    05/13/2005 8:27:42 AM PDT · by demlosers · 4 replies · 263+ views
    Yahoo ^ | Friday May 13, 2005 | Robert Wielaard
    EU Finance Ministers Debate New-Look Euro Coins; Weigh Mixed-Bad Economic Outlook LUXEMBOURG (AP) -- EU finance ministers, opening a two-day meeting Friday, sought to make sense of a mixed bag of economic data from the euro zone, with Germany posting its strongest growth in four years but Italy sliding into recession. "This is a very serious problem," Luxembourg Prime Minister Jean Claude Juncker said upon arriving at the meeting he was leading. EU Finance Commissioner Joaquin Solbes said "growth in Germany was good news [1% 1Q GDP], but Italy is bad news." And Gerrit Zalm, the Dutch finance minister whose...
  • 6 founding EU nations commit to the original unity goals

    02/09/2016 7:07:44 PM PST · by Olog-hai · 12 replies
    Associated Press ^ | Feb. 9, 2016 5:53 PM EST | Raf Casert
    The six founding nations of the European Union on Tuesday stressed their commitment to seek an "ever closer union" ahead of next week's summit where Britain is expected to seek a new agreement to help convince a skeptical public to remain part of the EU. The foreign ministers of host Italy, France, Germany, the Netherlands, Belgium and Luxembourg said in a joint statement Tuesday they reconfirm their "strong commitment to Europe and the European project and invite all other member states to join." ...
  • Big U.S. firms hold $2.1 trillion overseas to avoid taxes: study

    10/07/2015 11:59:27 AM PDT · by Lorianne · 16 replies
    Reuters ^ | 06 October 2015
    The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday. The study, by two left-leaning non-profit groups, found that nearly three-quarters of the firms on the Fortune 500 list of biggest American companies by gross revenue operate tax haven subsidiaries in countries like Bermuda, Ireland, Luxembourg and the Netherlands. The conglomerate General Electric has booked $119 billion offshore in 18 tax havens, software firm Microsoft is holding $108.3 billion...
  • Big U.S. firms hold $2.1 trillion overseas to avoid taxes: study

    10/06/2015 9:18:54 PM PDT · by TigerClaws · 19 replies
    Reuters ^ | Tue Oct 6, 2015 6:37pm EDT
    The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday. The study, by two left-leaning non-profit groups, found that nearly three-quarters of the firms on the Fortune 500 list of biggest American companies by gross revenue operate tax haven subsidiaries in countries like Bermuda, Ireland, Luxembourg and the Netherlands. Citizens for Tax Justice and the U.S. Public Interest Research Group Education Fund used the companies' own financial filings with...
  • Migrant crisis: EU leaders to approve disputed quota plan

    09/23/2015 2:04:25 AM PDT · by Nextrush · 6 replies
    BBC News ^ | 9/23/2015 | BBC
    EU leaders meeting in Brussels are set to approve a plan to relocate 120,000 migrants across the continent, despite fierce opposition from some members. Romania, the Czech Republic, Slovakia and Hungary voted against the mandatory quota scheme. Wednesday's emergency summit will also focus on tightening EU borders and boosting aid to neighbours of Syria, from where many migrants come...... US President Barack Obama said all European states should accept their "fair share" of asylum seekers, after talks with German Chancellor Angela Merkel.... In a rare move for an issue involving national sovereignty, EU interior ministers approved the resettlement scheme on...
  • UN chief invites Arab countries to Mideast Quartet meeting [Zechariah 1-2, 6]

    09/09/2015 10:55:48 AM PDT · by Jan_Sobieski · 7 replies
    Times of Israel ^ | 9/4/2015 | Staff
    UNITED NATIONS — UN Secretary-General Ban Ki-moon has invited Egypt, Jordan and Saudi Arabia to a meeting this month of the Middle East Quartet seeking a diplomatic solution to the Israeli-Palestinian conflict. The foreign ministers of the three Arab countries will join their counterparts from Russia, the United States and EU foreign policy chief Federica Mogherini for the talks on September 30, the UN spokesman said Friday. The secretary general of the Arab League will also attend the meeting on the sidelines of the UN General Assembly gathering of world leaders. The invitation follows a decision by the Quartet in...
  • EU Soon to Decide on Labeling 'Settlement' Produce

    09/05/2015 4:21:32 PM PDT · by Eleutheria5 · 6 replies
    Arutz Sheva ^ | 5/9/15
    The European Union will soon render its decision on whether to label goods produced by Jews in Judea and Samaria. Speaking at the conclusion of a summit of European foreign ministers in Luxembourg, EU foreign policy chief Frederica Mogherini said a special committee would soon submit its conclusions on the issue. "The work of the committee dealing with the issue is coming to a close - these are the last steps before we submit the conclusions," she said. Luxembroug's Foreign Minister Jean Asselborn said that in his opinion labeling Jewish-made goods produced across the Green Line was an important policy....
  • Learning From Arafat: Terrorism Is Big Business

    11/15/2004 7:40:37 PM PST · by CHARLITE · 2 replies · 294+ views
    CHRONWATCH.COM ^ | NOVEMBER 15, 2004 | NOEL SHEPPARD
    For a variety of reasons, there is a lot of enthusiasm and optimism surrounding the death of Palestinian Authority (''PA'') leader, Yasser Arafat, and how his demise might advance an expeditious resolution of the Palestinian/Israeli conflict. To be sure, I would love to jump on this bandwagon, and offer another in a litany of cheery op-eds issued internationally since the passing of the former leader of the PLO. However, though I agree that Arafat has been a huge stumbling block to peace in this region that has now been removed, it is unquestionably much more than just him that has...
  • ‘End Austerity Now,’ demand Britons

    06/20/2015 4:35:16 PM PDT · by RightGeek · 24 replies
    The Hindu ^ | 6/21/2015 | Parvathi Menon
    End austerity: it’s cheating us all; Jobs not Trident; No cuts; Defy Tory rule; Cut war not welfare; Stop fracking; a Living Wage for mothers; and, The Pope gets it, why can’t you? With the slogans emblazoned on banners, posters and flags, anti-austerity marchers shouted slogans, sang, and beat drums, as they walked through London in what is being called the biggest protest march that the city has seen. The ‘End Austerity Now’ demonstration saw participation by an estimated crowd of between 70,000 and 250,000, all coming together to protest against cuts imposed due to austerity, the threats to the...
  • Why Is The EU Forcing European Nations To Adopt ‘Bail-In’ Legislation By The End Of The Summer?

    06/14/2015 4:05:38 AM PDT · by SkyPilot · 43 replies
    The Economic Collapse Blog.com ^ | June 5th, 2015 | by Michael Snyder
    Why Is The EU Forcing European Nations To Adopt 'Bail-In' Legislation by the End of the Summer? Are they expecting something to happen? As you will read about below, the European Union says that any nation within the EU that does not enact "bail-in" legislation within the next two months will face legal action. The countries that are being threatened in this manner include Italy and France. If you fast forward two months from this moment, that puts us in early August. So clearly the European Union wants everything to be squared away by the end of the summer. Is...
  • Turkey warns of terror wave if EU membership is rejected

    12/14/2004 10:10:42 PM PST · by SunkenCiv · 68 replies · 1,301+ views
    EU Observer ^ | Dec 13 2004 | Lisbeth Kirk
    Turkish Prime Minister Recep Tayyip Erdogan has warned European Union leaders that violence from Islamic extremists could escalate if the EU rejects Turkey as a member... Turkey signed the association agreement for EU membership in 1963 and it is expected that a two-day EU summit this week will finally decide to begin formal membership talks, probably in the second half of next year... Taking Turkey’s 69 million, mainly Muslim, population into the Union is widely disputed... In Germany, leader of the Christian Social Union Edmund Stoiber told the Frankfurter Allgemeine Zeitung that his party in government would do what it...
  • And it's gone...Greek Banks in Macedonia can't withdraw cash - Central Bank's Bogov

    06/12/2015 7:42:44 AM PDT · by alexmark1917 · 39 replies
    https://twitter.com/zerohedge/status/609341858045497344 https://twitter.com/TraderStef/status/609355146842275840 https://twitter.com/JAFF3/status/609343992803774464 https://twitter.com/russian_market/status/609341880623591424 The bank runs (and capital controls) begin. Macedonia Central Bank Governor Bogov states: *GREEK BANKS IN MACEDONIA CAN’T WITHDRAW CASH: BOGOV*MACEDONIAN BANKS PROTECTED IN CASE OF GREXIT: BOGOV How long before the rest of Europe follows suit and a bank holiday is declared Monday to "Cyprus" depositors? He further added: *MACEDONIAN CENTRAL BANK SEES MAJOR RISKS FROM POLITICAL CRISIS http://www.zerohedge.com/news/2015-06-12/macedonia-central-bank-blocks-greek-bank-withdrawals-case-grexit Macedonia Central Bank blocks Greek bank withdrawals FXStreet (Córdoba) - Macedonian Central Bank's Governor Dimitar Bogov has stated that Greek banks are not able to withdraw cash. According to Bogov, this withdrawal halt is protection against...
  • Luxembourg Prime Minister Becomes First EU Leader To Marry Same-Sex Partner

    05/15/2015 12:48:02 PM PDT · by 2ndDivisionVet · 16 replies
    National Public Radio ^ | May 15, 2015 | Sharer Peralta
    Luxembourg's Prime Minister Xavier Bettel married his partner Gauthier Destenay on Friday, becoming the first European Union leader to enter a gay marriage. Teri Schultz tells our Newscast unit that Bettel becomes the second world leader to do so. Iceland's Prime Minister Johanna Sigurdardottir married her partner five years ago. The interesting part about this development is that gay marriage is a relatively new thing in Luxembourg. As The Guardian reports, Bettel's party won a prominent spot in the ruling coalition after campaigning for same-sex marriage The Guardian adds: "[Same-sex marriage] was previously knocked down in 2007 by the then...
  • Greece draws up drachma plans, prepares to miss IMF payment

    04/03/2015 4:41:02 AM PDT · by C19fan · 22 replies
    UK Telegraph ^ | April 2, 2015 | Ambrose Evans-Pritchard, & Mehreen Khan
    Greece is drawing up drastic plans to nationalise the country's banking system and introduce a parallel currency to pay bills unless the eurozone takes steps to defuse the simmering crisis and soften its demands. Sources close to the ruling Syriza party said the government is determined to keep public services running and pay pensions as funds run critically low. It may be forced to take the unprecedented step of missing a payment to the International Monetary Fund next week.
  • UK report accuses PwC of tax avoidance on industrial scale

    02/06/2015 8:14:46 AM PST · by Olog-hai · 2 replies
    Associated Press ^ | Feb 6, 2015 9:53 AM EST | Danica Kirka
    A British parliamentary committee on Friday accused the accounting firm PwC of promoting tax avoidance on an industrial scale and urged the government to step in and do more to regulate the tax industry. The Public Accounts Committee issued a scathing report, accusing PwC of mass-marketing tax avoidance plans and diverting profits to Luxembourg through intra-company loans. “We believe that PwC's activities represent nothing short of the promotion of tax avoidance on an industrial scale,” committee chair Margaret Hodge said. “The effect has been to reduce the amount of corporation tax that some multinational companies pay in the countries in...
  • Death of a Prosecutor

    01/21/2015 5:39:05 AM PST · by SJackson · 6 replies
    FrontPage Magazine ^ | January 21, 2015 | Kenneth R. Timmerman
    Death of a ProsecutorPosted By Kenneth R. Timmerman On January 21, 2015 @ 12:35 am In Daily Mailer,FrontPage | 2 Comments Alberto Nisman, the Argentinean prosecutor who indicted top Iranian regime officials for the July 1994 AMIA Jewish Center bombing in Buenos Aires, was found dead by gunshot in his apartment on Sunday night, in what initially was called a suicide.Nisman was scheduled to address members of parliament the next day to reveal new information about alleged efforts by Argentinean President Cristina Fernandez de Kirchner and her foreign minister, Hector Timerman, to cover up the responsibility of the Iranian regime...
  • Steyer Hedge Fund Tied to Russian Oligarch Targeted by U.S. Sanctions

    05/07/2014 9:21:58 AM PDT · by Nachum · 2 replies
    Washington Free Beacon ^ | 5/7/14 | Adam Kredo
    The hedge fund founded and, until recently, run by billionaire environmentalist Tom Steyer was involved in a deal to sell a stake in a Russian oil company to a Russian oligarch who is the target of U.S. sanctions. Farallon Capital Management sold a part of its stake in Russian firm Geotech Oil Services to the Volga Group, a Luxembourg-based investment firm owned by Russian billionaire Gennady Timchenko, in 2010. Four years later, in April 2014, the U.S. Treasury Department announced that it would target Timchenko, Volga, and a number of companies associated with them, in a round of sanctions aimed...
  • City aims to jump-start Near South Side development

    07/11/2013 8:37:54 PM PDT · by Mortrey · 2 replies
    chicagotribune.com ^ | July 10, 2013 | Hal Dardick
    The city is trying to kick-start development of vacant 62-acre parcel near downtown controlled by a controversial Iraqi billionaire once linked to convicted Democratic influence peddler Antoin "Tony" Rezko.
  • No, Bibi-Bashers, Israel Is not ‘Isolated’ Under Netanyahu

    01/05/2015 7:35:39 AM PST · by SeekAndFind
    Pajamas Media ^ | 01/05/2015 | P. David Hornik
    [1]On Tuesday the Palestinians tried to get the UN Security Council to adopt a draft resolution to shrink Israel down to indefensible borders.They failed to get the nine votes from the 15-member council that they needed. Even if they had, the U.S. had promised to veto the resolution. But the Palestinians would have succeeded in painting Israel as a country almost friendless, hanging by the thread of U.S. support.The draft resolution demanded that Israel and the Palestinians wrap up all their disputes and reach an agreement within one year; that a Palestinian state be set up along Israel’s 1967...
  • Massive Terror, War Avoided As UN Rejects Palestinian State

    12/31/2014 4:21:32 PM PST · by IsraelBeach · 9 replies
    Israel News Agency ^ | December 30, 2014 | Joel Leyden
    By Joel Leyden Israel News AgencyNew York, New York — December 30 … Lethal, Islamic terror attacks and the potential for a new Middle East war were avoided this evening as the UN Security Council defeated a Palestinian resolution calling for Israel to withdraw from Palestinian territories by late 2017. The UN resolution called for negotiations to be based on territorial lines that existed before Israel captured the West Bank, east Jerusalem and the Gaza Strip in the Six Day War. It also demanded that a peace agreement be reached within 12 months. If a bid for Palestinian statehood was...
  • EU Calls for Peace Talks After PA Fails at UN

    12/30/2014 10:30:49 PM PST · by Eleutheria5 · 15 replies
    Arutz Sheva ^ | 31/12/14
    The European Union’s (EU) foreign policy chief, Federica Mogherini, said Tuesday's vote at the United Nations (UN) Security Council on Palestinian statehood underlined the need for Israel and the Palestinian Authority (PA) to urgently resume peace negotiations. The Security Council failed to adopt an Arab-backed resolution that would have paved the way to a Palestinian state, setting a 12-month deadline for Israel to reach a final peace deal with the PA and calling for a full Israeli withdrawal from Judea and Samaria by the end of 2017. The vote "underlines once again the urgency of resuming meaningful negotiations between the...
  • Palestinian Statehood Resolution Fails at UN Security Council

    12/30/2014 5:05:41 PM PST · by lbryce · 16 replies
    Times of Israel ^ | December 31, 2014 | Itamar Sharon
    The UN Security Council on Tuesday rejected a resolution on Palestinian statehood, with the Palestinians failing to get the minimum nine “yes” votes required for adoption by the 15-member council: Eight voted for the resolution and two voted against, with five abstentions. France, China and Russia were among the countries that supported the text setting a 12-month deadline for negotiations on a final peace deal with Israel and an imposed full Israeli withdrawal from the West Bank and East Jerusalem by the end of 2017. Argentina, Chad, Chile, Jordan and Luxembourg also voted for the resolution. Australia and the United...
  • Reported text of draft UN resolution on Palestinian statehood

    12/30/2014 7:44:09 AM PST · by Former Fetus · 9 replies
    The Times of Israel ^ | 12/30/2014 | TIMES OF ISRAEL STAFF
    The draft resolution by the Palestinians calling for an Israeli withdrawal from the West Bank and East Jerusalem within three years and revised to include language declaring East Jerusalem as the future capital of a Palestinian state was presented to the UN Security Council late Monday. The draft resolution affirms the urgent need to achieve “a just, lasting and comprehensive peaceful solution” to the decades-old Palestinian-Israeli conflict within 12 months and sets a December 31, 2017 deadline for Israel’s occupation to end. Many of the changes to the draft are semantic, such as the addition of the word “just,” to...
  • Security Council Rejects PA's Statehood Resolution (falls short of 9 vote threshold)

    12/30/2014 2:39:28 PM PST · by Dave346 · 23 replies
    Arutz Sheva ^ | 12/31/2014, 12:32 AM
    PA's unilateral resolution calling on Israel to "end the occupation" fails to receive the nine required votes to pass. Only eight countries voted in favor of the resolution, two voted against, and there were five abstentions. The resolution needed nine votes in favor to have passed. Australia and the United States voted against.
  • Abbas Bucks Kerry and Runs to the UN to Throw Obama under the Bus

    12/30/2014 4:14:57 AM PST · by SJackson · 9 replies
    Jewish Press ^ | December 29th, 2014 | Tzvi Ben-Gedalyahu
    Abbas ignored Kerry’s hints of sanctions and told him Jordan will present a resolution to the UN to force Israel to "Auschwitz borders.” Abbas, the one who is short in size and common sense, with Kerry, the one who is tall in size but short on common sense. Mahmoud Abbas is ignoring hints of American sanctions and a possible defeat in the U.N. Security Council which is set to consider a resolution from Jordan on Monday, ordering Israel to sign a peace treaty with the Palestinian Authority in one year. The resolution calls on Israel to surrender within three years...
  • Mahmoud Abbas: Failing the Palestinians and Peace

    12/29/2014 4:40:02 AM PST · by SJackson · 19 replies
    FrontPage Magazine ^ | December 29, 2014 | Joseph Puder
    Mahmoud Abbas: Failing the Palestinians and PeacePosted By Joseph Puder On December 29, 2014 @ 12:35 am In Daily Mailer,FrontPage | No Comments Mahmoud Abbas, (aka Abu Mazen) has been a failure as the Palestinian “Rais.” He failed to lead the Palestinian Authority (PA) toward peace with Israel, and he mismanaged the alleged goal to achieve statehood for the Palestinians. Instead of facing the tough issues and making compromises required in negotiating peace and statehood with the Israelis, Abbas chose an alliance with the Gaza controlled terrorist group Hamas. Following Abbas’ pact with Hamas last April, Israel broke off peace negotiations with the...
  • Will the UN Security Council Impose a Palestinian State?

    11/03/2014 8:52:41 AM PST · by SJackson · 12 replies
    FrontPage Magazine ^ | November 3, 2014 | Joseph Puder
    Will the UN Security Council Impose a Palestinian State?Posted By Joseph Puder On November 3, 2014 @ 12:25 am In Daily Mailer,FrontPage | 6 Comments January, 2015 does not bode well for Israel at the United Nations (UN). The UN Security Council (UNSC) will officially induct five newly elected non-permanent member-states replacing outgoing Rwanda, S. Korea, Australia, Argentina and Luxembourg, representing all the global regions. Unfortunately for Israel, the incoming states, particularly Venezuela and Malaysia, are hostile to the Jewish state. The other three, Angola, New Zealand, and Spain are pondering their position on recognizing Palestine as a full member-state...
  • New Iraqi Defense Minister Warns Kurds

    10/19/2014 6:20:08 PM PDT · by SunkenCiv · 38 replies
    BasNews ^ | October 19, 2014 | unattributed
    New Iraqi defense minister Khaled al-Obeidi has delivered his first official speech, insisting that the Kurdistan Region must hand back terrorists that have been living in the KRI. Al-Obeidi is a Sunni, was approved as the new Iraqi defense minister along with Mohammed Salem al-Ghabban, a Shia, who was appointed interior minister. “The Kurdistan Region should hand back criminals who have been charged with terrorist acts to the federal government, so they can face justice,” said Al-Obeidi. “The Kurdistan Region security forces and Iraqi police should arrest all those criminals, as they are threats to the security and stability of...
  • EU states promote settler boycott amid Israel crisis

    07/04/2014 6:16:59 AM PDT · by Olog-hai · 14 replies
    EU Observer ^ | 07/04/2014 @ 09:27 | Andrew Rettman
    Twelve EU countries have warned investors not to do business with Israeli settler entities, amid a security crisis in Israel and Palestine. The group includes: Austria; Belgium; Croatia; Denmark; Finland; Greece; Ireland; Luxembourg; Malta; Portugal; Slovakia; and Slovenia. Portugal published its statement on Wednesday (2 July) and the others came out on Thursday. France, Italy, and Spain put out similar communiques earlier this week. Germany and the UK already did it months ago. Poland is expected to publish a warning shortly. The Irish foreign ministry said the action “has been coordinated at EU level”. …
  • EU nations agree on rules to fight tax evasion (tax avoidance actually)

    03/20/2014 5:43:47 PM PDT · by Olog-hai · 4 replies
    Associated Press ^ | Mar 20, 2014 8:31 PM EDT | Raf Casert
    European Union nations on Thursday agreed on a sweeping policy to fight tax evasion after tiny Luxembourg dropped its reservations to new rules which render its secretive banking culture more transparent. Luxembourg Prime Minister Xavier Bettel confirmed at Thursday’s summit of EU leaders “the willingness of the government to take that road,” a key step to scrap the banking secrecy for foreigners. […] The legislation proposes an EU-wide automatic exchange of data on bank deposits to allow governments to identify and pursue tax evaders with foreign accounts on home soil. Van Rompuy said it would “close down loopholes, promote automatic...
  • The UN invites Iran to Peace Conference on Syria

    01/20/2014 4:17:34 AM PST · by markomalley
    Asia News ^ | 1/20/2014
    The UN has invited Iran to the Peace Conference on Syria in Geneva on January 22 . It was confirmed last night by the UN Secretary General, Ban Ki -moon, who stressed the potential positive role of Tehran in the future transition in Syria. The decision, however, has been challenged by the anti-Assad opposition that threatens a boycott of the conference, as well as by the United States : they have set support for points set out in Geneva in 2012 as a condition for participation. If Iran were to accept more than 40 countries will be present at the...
  • UN chief invites Iran to Geneva II

    01/19/2014 6:35:34 PM PST · by mac_truck · 7 replies
    Global Times ^ | 1/20/2014 | Agencies
    UN Secretary-General Ban Ki-moon said on Sunday that he had invited Iran to attend this week's Syria peace conference in Switzerland, also known as Geneva II. "I have decided to issue some additional invitations to the one-day gathering in Montreux. They are: Australia, Bahrain, Belgium, Greece, the Holy See, Luxembourg, Mexico, the Netherlands, the Republic of Korea, and Iran," Ban told reporters here at a press conference. "I believe the expanded international presence on that day will be an important and useful show of solidarity in advance of the hard work that the Syrian government and opposition delegations will begin...
  • Welfare spending: how Britain outstrips Europe

    01/19/2014 2:30:35 AM PST · by Berlin_Freeper · 6 replies
    telegraph.co.uk ^ | 15 Jan 2014 | Joel Gunter and Dan Palmer
    Welfare spending in Britain has increased faster than almost any other country in Europe since 2000, new figures show. The cost of unemployment benefits, housing support and pensions as share of the economy has increased by more than a quarter over the past thirteen years – growing at a faster rate than in most of the developed world. Spending has gone up from 18.6 per cent of GDP to 23.7 per cent of GDP – an increase of 27 per cent, according to figures from the OECD, the club of most developed nations. By contrast, the average increase in welfare...
  • EU leadership approval ratings tumble to all-time low

    01/10/2014 10:39:57 PM PST · by Olog-hai · 4 replies
    EurActiv ^ | 10 January 2014
    Belgium, Denmark, Germany and Luxembourg are the only EU countries where citizens approve the European Union’s leadership with a clear 50% majority, according to a recent poll by Gallup. Approval ratings in nearly all other member states have dropped dramatically since 2008, especially in the crisis-hit south. The approval of the EU leadership is lowest in Greece (19%), Cyprus (21%) and Spain (27%), according to Gallup poll released on Wednesday (8 January). Other countries with critically low approval ratings include the United Kingdom (29%), Sweden (30%) or the Czech Republic (30%). The EU is still backed by a majority of...
  • Angela Merkel fractures pelvis in ski fall

    01/06/2014 12:07:08 PM PST · by SunkenCiv · 44 replies
    BBC News ^ | 6 January 2014 | unattributed
    German Chancellor Angela Merkel has fractured a bone in her pelvis in a cross-country skiing accident in Switzerland, her spokesman says. She will have to remain lying down as much as possible in the next three weeks and several visits will be cancelled, Steffen Seibert said. She also suffered heavy bruising in the accident, in the alpine Engadine region of eastern Switzerland. Ms Merkel was not skiing fast at the time, the spokesman added. He called the injury "severe bruising linked with a partial fracture on the left, rear part of the pelvis". Immediately after the accident, during the Christmas......
  • EU puts Turks on 10-year timeline

    10/06/2004 10:25:30 AM PDT · by knighthawk · 15 replies · 293+ views
    The Australian ^ | October 06 2004 | Nicolas Rothwell
    AFTER 40 years of hesitation and seven hard years of reform and lobbying, Turkey is basking today in the most qualified of invitations to begin the process of joining Europe - a continent whose eastern half the Ottoman empire controlled for centuries. A European Commission report released yesterday, which paves the way for a deciding vote by the 25-member European Union at its December summit, was heavily qualified, and Turkish leaders were muted in their expressions of delight at their initial success. Presenting the decision to the European parliament last night, commission president Romano Prodi said it was a "qualified...
  • ‘Luxembourg is a rogue state, Ireland a parasite state’, says French MP

    10/28/2013 11:15:34 PM PDT · by Olog-hai · 11 replies
    EurActiv ^ | 28 October 2013
    In an interview with EurActiv.fr, Nicolas Dupont-Aignan, the former French presidential candidate and leader of a small anti-euro conservative party, calls on France to impose minimum conditions on fiscal policy at the EU level, denouncing the fiscal dumping of Luxembourg and Ireland. Nicolas Dupont-Aignan is a French MP and founder of the conservative political party “Debout la République” (Arise the Republic), known for its strong positions against the euro currency. … In an interview with EurActiv France, the MP called Luxembourg a “rogue state”, because it “allows the creation of trusts that hide the identity of their shareholders, which costs...
  • Germany and Poland: EU needs more democracy

    09/18/2012 3:41:52 AM PDT · by Cronos · 1 replies
    thelocal.de ^ | 18 Sep 2012 | TL
    "We've been looking at how we can bring back confidence in the European Union," German Foreign Minister Guido Westerwelle said in Warsaw late on Monday as he arrived for a meeting of ministers in the Future of Europe Group, which he launched in March. The 11-nation group is poised to submit a raft of recommendations to Herman Van Rompuy and Jose Manuel Barroso - heads, respectively, of the bloc's intergovernmental and executive branches, neither of whom are elected by the EU's 500 million people. "We have to understand that we are a community of values and we have to defend...
  • Euro Bailout Fund: Germans Pay Less Than Their Neighbors

    09/21/2013 8:45:53 PM PDT · by Olog-hai · 2 replies
    Der Spiegel ^ | September 20, 2013 – 03:57 PM | (Spiegel/chw)
    A new study shows that Germany contributes less per person to the permanent euro bailout fund than residents of several other countries in the European Union. Luxembourg, Holland and Ireland are among the nations paying more per capita. … EU member states have contributed some €48 billion ($65 billion) to the rescue authority to date. The cash contribution of the ESM is expected to increase to a total of €80 billion ($108 billion) by mid-2014, with the next installment due in October. …
  • European banks to quit London if UK left EU: Goldman executive

    09/03/2013 9:53:52 AM PDT · by Olog-hai · 23 replies
    Reuters ^ | Mon Sep 2, 2013 1:30pm EDT
    European banks would leave London “in very short order” if Britain voted to exit the European Union, a senior Goldman Sachs executive said in a newspaper interview published on Monday. Michael Sherwood, a vice-chairman at the bank, said the prospect of a British withdrawal was a real worry given Prime Minister David Cameron’s plans to hold a referendum on the subject if re-elected in 2015. … Goldman’s Sherwood predicted European banks would quickly relocate if Britain did sever its EU ties. “Forget what we would do. Every European firm would be gone in very short order,” he was quoted as...
  • EU agrees to rescue debt-ridden Greece

    03/27/2010 7:54:51 AM PDT · by myknowledge · 9 replies · 430+ views
    Nine News ^ | March 27, 2010 | Claire Rosemberg
    The euro firmed and Athens breathed a sigh of relief after European leaders agreed to rescue debt-ridden Greece, but markets stayed cautious amid lingering concerns over the currency's health. "I think Europe proved its capacity for action on a major issue," said German Chancellor Angela Merkel as European Union leaders wound up a two-day summit mulling a new 10-year jobs and growth strategy for the bloc's half a billion people. "For all of us it is important that our common currency ... remains stable and that's why yesterday was important for the euro," Merkel said of a rescue plan brokered...
  • Brussels gravy train like “last days of Rome”: EU MEPs earn up to 740% more than average citizen…

    05/23/2013 1:17:28 PM PDT · by Olog-hai · 13 replies
    Daily Mail (UK) ^ | 10:46 EST, 23 May 2013 | Alan Hall
    The gilded lifestyle of MEPs has been compared to the uncontrolled excesses of ancient Rome after research showed their perks have not been dented despite biting austerity measures. From Italian MEPs who enjoy free haircuts to Maltese ones who get 52 free gallons of petrol a month, the perks—and expenses—continue unabated for the representatives of European Union nations. MEPs from the 27 EU nations are paid salaries of £137 million ($207 million) a year, according to research by German pricing watchdog Preisvergleich.de, and some earn 740 percent more than the average citizen. …
  • Inside Iraqi Corruption

    03/29/2005 4:35:34 PM PST · by Softwar · 460+ views
    NewsMax ^ | 3/29/05 | Charles R. Smith
    Inside Iraqi Corruption Charles R. Smith Tuesday, March 29, 2005 John A. Shaw is a curious example of Washington politics gone mad. Shaw is a veteran government employee who served inside the White House under Presidents Ford, Nixon and Reagan and was an associate deputy secretary in the Department of Commerce. In 2001, Shaw was appointed by Bush Defense Secretary Don Rumsfeld to head the newly formed Office of International Technology Security. In this post, Shaw began the difficult task of reforming government controls over the export of sensitive technology to foreign countries. In 2003, Shaw began investigating allegations of...
  • EU to ban olive oil jugs from restaurants

    05/17/2013 9:57:43 PM PDT · by Olog-hai · 56 replies
    Daily Telegraph (UK) ^ | 5:52PM BST 17 May 2013 | Bruno Waterfield
    The European Union is to ban olive oil jugs and dipping bowls from restaurant tables in a move described by one of Britain’s top cooks as authoritarian and damaging to artisan food makers. The small glass jugs filled with green- or gold-colored extra virgin olive oil are familiar and traditional for restaurant goers across Europe, but they will be banned from 1 January 2014 after a decision taken in an obscure Brussels committee earlier this week. From next year, olive oil “presented at a restaurant table” must be in prepackaged factory bottles with a tamper-proof dispensing nozzle and labeling in...
  • Apple’s cash is cached

    05/05/2013 12:37:04 PM PDT · by Kid Shelleen · 27 replies
    NY Post ^ | 05/05/2013 | JONATHON M. TRUGMAN
    --snip- To understand how big of a deal this is, you need to understand that Apple, the world’s most profitable technology company, works through a large and complicated array of offshore companies to hold its taxable profits overseas. By creating subsidiaries in tax havens like Ireland, Luxembourg, the British Virgin Islands and the Netherlands, the company saves billions in taxes.
  • UKIP will cause political earthquake in European elections, says Nigel Farage

    05/05/2013 11:06:53 AM PDT · by SunkenCiv · 20 replies
    Guardian UK ^ | Sunday, May 5, 2013 | Nicholas Watt
    Amid growing calls from Tory MPs for David Cameron to respond to the Ukip threat by bringing forward legislation on an EU referendum, Farage warned that his party would not go away even if No 10 "starts singing the same song". William Hague, who famously suffered a major defeat in the 2001 election after tacking to the right, called for a cautious response to Ukip as he warned of the dangers of "quick fixes". Philip Hammond, the defence secretary, said many Ukip voters were "frustrated Conservatives". As the Tories work out their response to Ukip, which won nearly a quarter...
  • MEPs to vote on EU 'ban on all forms of pornography'

    03/09/2013 5:05:58 AM PST · by KevinDavis · 24 replies
    The Telegraph ^ | 03/08/2013 | Bruno Waterfield
    Controversy has erupted over next Tuesday's European Parliament resolution "on eliminating gender stereotypes in the EU", meant to mark international women's day, after libertarian Swedish MEPs from the Pirate Party spotted the call for a ban in the small print. While not legally binding, the vote could be the first step towards European legislation as the EU's assembly increasingly flexes its political muscle within Europe's institutions.
  • EU to set up euro-election “troll patrol” to tackle Euroskeptic surge

    02/03/2013 6:32:15 PM PST · by Olog-hai · 4 replies
    Sunday Telegraph (UK) ^ | 1:33PM GMT 03 Feb 2013 | Bruno Waterfield
    The Daily Telegraph has seen confidential spending proposals and internal documents planning an unprecedented propaganda blitz ahead of and during European elections in June 2014. Key to a new strategy will be “public opinion monitoring tools” to “identify at an early stage whether debates of political nature among followers in social media and blogs have the potential to attract media and citizens’ interest”. Spending on “qualitative media analysis” is to be increased by £1.7 million ($2.7 million), and while most of the money is to be found in existing budgets, an additional £787,000 ($1.24 million) will be need to be...
  • Luxembourg Foreign Minister: “Israel Must Halt Settlement Construction Entirely”

    11/12/2012 8:54:32 PM PST · by Olog-hai · 26 replies
    Der Spiegel ^ | 11/12/2012 | Christoph Schult
    On Tuesday, the foreign ministers of the European Union, including Guido Westerwelle of Germany, are scheduled to conduct their first-ever joint meeting with their counterparts from the Arab League. At the meeting, top European and Arab diplomats are expected to discuss the civil war in Syria as well as the stalled Middle East peace process. Among the most contentious issues to be addressed is that of Israel’s policy of settlement-building in the occupied Palestinian territories.Last Tuesday, the Israeli government said it would move forward with the construction of 1,200 houses in East Jerusalem and on the West Bank. Catherine Ashton,...
  • Twelve EU countries likely to back Palestine’s UN bid

    11/10/2012 8:34:35 PM PST · by Olog-hai · 7 replies
    EU Observer ^ | 09.11.12 @ 09:27 (November 9) | Andrew Rettman
    Palestine can count on about 12 Yes votes by EU countries when it tries to upgrade its UN status, in a move expected later this month. … A senior EU diplomat told this website the Union remains divided on the question, however. He noted that member states’ votes “will probably follow the same pattern as with UNESCO,” referring to a decision by the UN’s Paris-based cultural wing to admit Palestine as a member last year. At the time, 11 countries—Austria, Belgium, Cyprus, Finland, France, Greece, Ireland, Luxembourg, Malta, Slovenia and Spain—backed Palestine’s UNESCO bid. Another 11—Bulgaria, Denmark, Estonia, Hungary, Italy,...