Eurozone finance ministers and the IMF have agreed a €10 billion bailout deal for Cyprus to keep the country in the Eurozone and to prevent its banking system collapsing.
EU accession in 2004 did little if anything to make runaway bankers accountable; on the contrary, the so-called institutional ‘independence’ of the Central Bank making the Governor accountable to the ECB made the bankers more unaccountable.
Update: Feb 9. We are delighted to read that the Netherlands has rejected these opt-outs. That is good news. We use the…
Pollsters during the last General Election campaign said immigration was the single issue aside from the economy that most concerned UK voters. My experience of Romanian immigrants in the UK is more personal and first hand than most – I was raised by one.
The European Commission promised MEPs in September 2012 that it would rebalance its advisory ‘expert groups’, putting an end to the dominance of big business interests. DG Enterprise even set a date: 31 January 2013. However, a short investigation by ALTER-EU shows the Commission has missed its deadline, and in some cases groups have become even more industry dominated. it’s now down to MEPs to ensure the Commission produces more than empty promises.